Schott Solar IPO Germany

A new IPO of initial Public offering is set to hit the German Markets very soon by this year end. The IPO belong to German Schott Group's Solar business unit called Schott Solar, which is expected to enter the capital markets by this year end.

What is the estimated size of the Schott Solar IPO?
The Schott Solar IPO is expected to collect around 500 million Eurors (equivalent of 744 million USD) through its Schott Solar IPO.

When is the Schott Solar IPO open date and listing date?
Though there are no confirm dated of Schott Solar IPO issue, but it is expected to hit the markets later this year.

Where will the fund raised from Schott Solar IPO be used?
The capital raied from Schott Solar IPO will be usedto fund further expansion and strengthen its capital base.

What are the financial results of Schott Solar Company Germany?
Schott Solar employs 1,449 staff in Germany, Spain, the United States and Czech Republic.

The company had a 310 percent profit in third-quarter earnings before interest and tax (EBIT) to 22.6 million euros on sales of 147.9 million euros, up 96 percent.

How about the competitor information for Schott Solar Germany?
The Competitor firm to Schott Solar Germany is SolarWorld (SWVG.DE) as if offers a similar product base. It reported operating earnings of 75.7 million euros for the three months to end-June on sales of 259.6 million euros.

Who are the book running lead managers for the Schott Solar IPO issue?
Deutsche Bank, JPMorgan and Commerzbank are joint bookrunners for the IPO and LBBW acts as co-lead manager.


What are the business valuations of Schott Solar IPO?
Schott Solar is an integrated solar energy company, which manufactures solar cells and panels. Its joint-venture with chemicals group Wacker Chemie delivers solar wafers and secures the supply of solar-grade silicon. They offer a wide range of future-oriented products and solutions for almost all photovoltaic and solar thermal applications. SCHOTT Solar is among the world´s leading fully integrated manufacturers of PV wafers, cells and modules. Schott Solar is an integrated solar energy company, which manufactures solar cells and panels. Its joint-venture with chemicals group Wacker Chemie delivers solar wafers and secures the supply of solar-grade silicon. They offer a wide range of future-oriented products and solutions for almost all photovoltaic and solar thermal applications. SCHOTT Solar is among the world´s leading fully integrated manufacturers of PV wafers, cells and modules.