PVA TePla AG / Interim report / Ad hoc: Significant Increase in
Consolidated Sales Revenues and Earnings in
the First Nine Months
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 of EUR 120.8 million (Previous
year [PY] EUR 78.2 million)
* Operating profit (EBIT) of EUR 9.7 million (PY EUR 5.1
million)
* EBIT margin at 8.1% (PY 6.5%)
* Order intake of EUR 169.0 million
* Growth and earnings target for 2008 confirmed
(Asslar, November 11, 2008) - In the first nine months of 2008, PVA
TePla AG, Asslar, achieved a strong increase in consolidated sales
revenues and earnings versus the previous year period. Consolidated
sales revenues rose by approximately 55%, from EUR 78.2 million (PY)
to EUR 120.8 million and the operating profit (EBIT) by 92%, from EUR
5.1 million in the previous year period to the current EUR 9.7
million.
At EUR 75.0 million (PY: EUR 40.1 million), the Crystal Growing
Systems division made the greatest contribution to consolidated sales
revenues. At EUR 34.8 million (PY: EUR 26.3 million), the Vacuum
Systems division again achieved significantly higher sales revenues
than in the already very pleasing previous year period. At EUR 11.1
million, the Plasma Systems division generated sales revenues at the
level of the previous year (EUR 11.7 million). In the Plasma Systems
division, a positive result was achieved in the third quarter of this
year.
Incoming orders more than doubled to EUR 169.0 million (PY EUR 83.1
million). In the first nine months, incoming orders in the Vacuum
Systems division of EUR 32.5 million were almost at the high level of
the previous year (EUR 33.3 million). With EUR 120.8 million versus
EUR 36.8 million (PY), the Crystal Growing Systems division generated
significantly more incoming orders in the first three quarters of
2008 versus the corresponding previous year period. Incoming orders
for the Plasma Systems division rose to EUR 15.7 million in
comparison to EUR 13.1 million in the previous year period.
Thus, in the first nine months of 2008, the liquidity situation of
the PVA TePla Group continued to be positive and stable. Operating
cash flow was EUR +16.1 million (PY EUR +1.3 million). Cash and cash
equivalents stand at EUR 15.7 million (December 31, 2007: EUR 9.1
million).
The company confirms the forecast for the year as a whole of a
consolidated sales increase of approximately 40% and an EBIT margin
at the upper end of the 7% to 9% range.
For more information, please contact:
Dr. Gert Fisahn
Investor Relations:
PVA TePla AG
Emmeliusstr. 33
35614 Asslar
Phone: +49(0)6441/5692-342
gert.fisahn@pvatepla.com
www.pvatepla.com
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PVA TePla AG
Emmeliusstr. 33 Asslar Germany
WKN: 746100; ISIN:
DE0007461006; Index: CDAX, GEX, Prime All Share;
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