Ad hoc: PVA TePla AG: PVA TePla AG raises sales revenues forecast for 2008, approves EBITmargin at 9% for 2008 and expects further earnings improvement in2009

Dienstag, 25.11.2008 16:55 von Hugin - Aufrufe: 807

PVA TePla AG / Pure forecast / Ad hoc: PVA TePla AG raises sales 
revenues forecast for 2008, approves EBIT
margin at 9% for 2008 and expects further earnings improvement in
2009

Ad hoc announcement according to §15 WpHG processed and transmitted
by Hugin. The issuer is solely responsible for the content of this
announcement.

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* Consolidated sales revenues up 50% in 2008 (previous
forecast: 40%)
* Operating profit (EBIT margin) in 2008 at 9% at the upper
end of the expected range
* Consolidated sales revenues in 2009 on par with 2008
* Operating profit (EBIT margin) in 2009: 9-11%
* New structure for business units:
- Industrial Systems
- Semiconductor Systems
- Solar Systems
 
(Asslar, November 25, 2008) - At its meeting held today, the
Supervisory Board of PVA TePla AG, Wettenberg, approved the planning
of the Management Board for 2009. In spite of the massive economic
crisis, the consolidated sales revenues for next year will be on par
with the 2008 level pursuant to the planning. The forecast for the
increase in consolidated sales revenues for the current fiscal year
has been raised to 50% of the 2007 level (previously: 40%). The EBIT
margin will be approved at 9% at the upper end of the forecasted
range. The Company will see further growth in profitability in 2009:
the forecast for the EBIT margin at Group level for 2009 has been
raised to a range of 9% -11% (forecast for 2008: 7-9%).
 
On the basis of the strong order backlog (as of September 30, 2008:
EUR 181.2 million), the Management Board of PVA TePla AG is assuming
that consolidated sales revenues for 2009 will remain at the same
high level as for 2008. Further growth in sales revenues is expected
in subsequent years.
 
In the coming year, PVA TePla will come significantly closer to its
medium-term forecast of double-digit EBIT margin. The EBIT margin for
2009 is expected to be in a range of 9-11%, reflecting the improved
earnings power of the Company.
 
The strategy of working together on the market with established and
renowned key customers will ensure the Company's continuing reliable
development in future. As the overall performance of the global
economy will be impaired by the financial market crisis in the coming
quarters and precise forecasts are therefore not possible, weaker
incoming orders than in 2008 are expected in the coming months and
therefore in annual planning for 2009 as a whole as well. Incoming
orders are then expected to rise again clearly in subsequent years -
also on account of the subsidization of the markets serviced by PVA
TePla.
 
The divisions of PVA TePla AG will be restructured from 2009. The new
Industrial Systems division covers the product range of the previous
Vacuum Systems division and the systems of the PlaTeG subsidiary. The
Semiconductor Systems division comprises the plasma and crystal
growing systems for the semiconductor industry and the analysis and
measuring systems. As part of the further expansion of PVA TePla's
solar business, the new Solar Systems division will create the
organizational environment to further leverage the potential of
crystallization systems and other specific solutions for the rapidly
growing solar market.
 
Further information is available from:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)6441/5692-342
gert.fisahn@pvatepla.com
www.pvatepla.com
 
--- End of Message ---
 
PVA TePla AG
Emmeliusstr. 33 Asslar Germany
 
WKN: 746100; ISIN:
DE0007461006; Index: CDAX, GEX, Prime All Share;
Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse,
Freiverkehr in Börse Stuttgart, Freiverkehr in Niedersächsische Börse
zu Hannover,
Freiverkehr in Börse Berlin, Freiverkehr in Hanseatische
Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Düsseldorf;
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