centrotherm wins bidding process for major project in India and raises order intake forecast for current financial year

centrotherm international AG, Blaubeuren, (ISIN: DE000A1TNMM9 and DE000A1TNMN7) today won the bidding for a major order with a volume of 57 million euros. The corresponding contracts will be concluded with the Indian customer in the near future. The major project comprises the supply of production solutions as well as services for a 4 GW PERC solar cell production line in the coming year and will contribute to a high utilization of production capacities in Blaubeuren as well as in Kunshan/China. The order will impact revenue and earnings from fiscal year 2023 onwards.

At the same time as this order intake, the Management Board is raising its forecast for order intake and now expects order intake of EUR 330 to 360 million by the end of the year for the 2022 financial year (last forecast on August 8, 2022 in a range of EUR 220 to 260 million).

Additional information:

centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren
Website: www.centrotherm.world

ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Inclusion: Open Market (Basic Board), Frankfurt Stock ExchangeStock Exchange Corporate domicile: Germany

<End of ad hoc release>

Communicating person:

Nathalie Albrecht
Manager Public & Investor Relations
T: +49 7344 918-6304
E-Mail: investor@centrotherm.de

Public & Investor Relations

Tel. +49 7344 918 6304

Ad hoc release

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