Solco Corporate

Solco Ltd. supplies solar energy systems for a broad range of customers, environments and requirements. For domestic, commercial and rural solar panel installation with or without grid connection, see Solco Choice Electric's GridPower™ kits and product catalogue. For solar-powered water pumping for rural and remote community applications, see the range of Sun Mill™ solar pumping solutions.

Our vision is to be Australia's first choice for sustainable energy solutions. In a carbon and water challenged world we are part of the solution - in partnership with the sun.

Solco Ltd. is listed on the Australian Stock Exchange under the ASX code SOO. For investor resources and ASX announcements, see the investors page.

Announcements

RECORD REVENUE AND PROFIT GROWTH

Solco Limited (ASX: SOO, "Solco" or "the Company") is pleased to announce a record profit before tax of $3.29 million for the 2010 financial year - an increase of 84% over 2009, coupled with a record revenue of $34.5 million. It exceeded the $3.15 million profit forecast provided in July 2010 by 4.5% and is the second consecutive year of profit growth following the re-structure of Solco's Board and Senior Management team in the 2008 fiscal year.

"This outstanding result demonstrates Solco's ability to maintain robust growth while preserving strong operating margins in the face of significant business challenges" said Mark Norman CEO. "It is the result of dedication and focus by our national team and underpins our strategic plan for future growth. To support this growth, the Company's national network continues to expand with the recent securing of office and warehouse premise in Melbourne, which will be operational in September."

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2010-09-01 23:40:18

Exclusive Supply Deal Secured

Solco Limited (ASX:SOO, "Solco" or "the Company") has secured an exclusive agreement with leading Chinese solar company, Astronergy (also known as Chint Solar) to be the exclusive distributor of Astronergy solar modules throughout Australia, New Zealand, Papua New Guinea, Nauru and other Oceania nations.

With the availability of supply being a major concern for other players in the solar industry, this deal effectively secures and underpins Solco's growth and development strategy.

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2010-08-03 21:05:38

SOLCO ANNOUNCES KEY APPOINTMENTS TO MANAGEMENT TEAM

Solco is pleased to announce two senior management appointments, with Mr John Hebenton commencing as Executive Manager of Projects and Mr Steve Missen as Executive Manager of Solco's core Products division.

The appointments are part of Solco's strategy of driving revenue and earnings growth through expansion of the Products division and creation of a Projects division that will target new markets for the Company.

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2010-07-15 13:22:46