• Adjustment of the profit-and-loss forecast for the entire year
• Decline of EBIT to 3.0m € due to unscheduled amortizations and increase of provisions
• Turnover grew by 18.6 %, amounting to 189.2m €

Based on preliminary figures for the third quarter of the business year 2010, today the management board of Roth & Rau AG reduced the profit-and-loss forecast for the current business year.
In the first nine months of 2010, Roth & Rau AG probably achieved a total revenue of 189.2 m € (2009: 159.5 m €) and earnings before interest and taxes (EBIT) of 3.0 m € (2009: 13.1 m €). Whereas the proceeds developed according to its expectation, the EBIT is in particular debited due to depreciations amounting to 8.5 m €. Due to the probable cancellation of turnkey-projects in India, in the third quarter already partially realized turnovers had to be booked into the own stocks and depreciated. Further negative impacts are caused by delays in connection with the execution of two turnkey-projects in Spain as well as depreciations of working capital and allocations to provisions. Furthermore, additional development expenses were caused in the context of a key account project during which a new production step within mass production was realized.
For the business year 2010 the management board of Roth & Rau AG now expects an EBIT of approximately 9 - 9.5 m €. The sales forecast however is unaltered and amounts to 285 m €.
The final figures regarding the business development of the first nine months and the third quarter will be published with the quarterly report on 15 November 2010.