REC's Q3 financials - above market consensus

REC has decided to announce preliminary key financials for third quarter 2006, as market consensus estimates significantly deviates from the REC Group's preliminary third quarter financials.
 
Approximate key financials for the REC Group in third quarter 2006 were:
 
 
 
EBITDA and operating earnings was positively affected by approximately NOK 30 million in non-recurring, one time items. 
 
REC will release its third quarter results for 2006 on Wednesday October 25, 2006 at 08:00 AM CET. The presentation will take place at the Vika Atrium Conference Center, Munkedamsveien 45, Oslo. The presentation will also be broadcasted live over the Internet and through a conference call. Please view www.recgroup.com for more details.
 
 
About REC
REC is uniquely positioned in the solar energy industry as the only company with a presence across the entire value chain. REC Silicon and REC Wafer are the world's largest producers of solar grade silicon and wafers for solar applications. REC Solar produces solar cells and solar modules. REC Group had revenues in 2005 of 2.454 MNOK and an operating profit of 601 MNOK. Please also see www.recgroup.com