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Ad hoc: PVA TePla AG: PVA TePla AG: Consolidated figures for 2008 meet forecasts |
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PVA TePla AG / Annual accounts / Ad hoc: PVA TePla AG: Consolidated
figures for 2008 meet forecasts
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 169 million (previous year:
EUR 113.7 million)
* Consolidated operating profit (EBIT) of EUR 15 million
(previous year: EUR 10.0 million)
* Incoming orders of EUR 190 million (previous year:
EUR 146.0 million)
* Order backlog of EUR 152 million (previous year:
EUR 137.1 million)
(Wettenberg, March 19, 2009) - PVA TePla AG, a specialist
manufacturer of vacuum and heat treatment systems based in
Wettenberg, Germany, has published its preliminary consolidated
figures for fiscal year 2008. Consolidated sales revenues rose by
around 50% year-on-year, from EUR 113.7 million to EUR 169 million,
meaning that the Company continued the strong revenue growth recorded
in recent years. Consolidated operating profit also increased
significantly as against the previous year, totaling EUR 15 million
after EUR 10 million in fiscal year 2007. Incoming orders grew from
EUR 146.0 million in the previous year to EUR 190 million in 2008,
while the order backlog totaled EUR 152 million at December 31, 2008
(previous year: EUR 137.1 million). These figures are in line with
the forecasts and estimates made by the Company.
The revenue growth was driven by the Vacuum Systems and Crystal
Growing Systems divisions, with major orders in the latter in
particular accounting for a substantial contribution to consolidated
sales revenues. In terms of incoming orders, the Vacuum Systems
division again recorded an impressive volume of EUR 43.3 million in
2008 (previous year: EUR 48.4 million). The Crystal Growing Systems
division generated a significant increase, with incoming orders
rising from EUR 81.3 million in 2007 to EUR 128.6 million in the past
fiscal year. These orders will mean a high level of utilization in
the current fiscal year and will go into 2010.
With a book-to-bill ratio of 1.1 at Group level, the Company remains
on its growth path.
The operating profit (EBIT) of around EUR 15 million and the
resulting EBIT margin of 8.9% are in line with the Company's
published forecasts (at the upper end of the projected range of
7-9%). The complete Group annual report will be published on March
31, 2009.
The forecast for the current fiscal year - consolidated sales
revenues at the same level as 2008 and an improvement in operating
profit to between 9-11% - is hereby confirmed, despite the fact that
the development of the targeted markets is difficult to assess.
For further information, please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Tel.: +49(0)6441/5692-342
gert.fisahn@pvatepla.com
www.pvatepla.com
--- End of Message ---
PVA TePla AG
Im Westpark 10 - 12 Wettenberg Germany
WKN: 746100;
ISIN: DE0007461006; Index: CDAX, GEX, Prime All Share;
Listed: 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,
Regulierter Markt in Frankfurter Wertpapierbörse; Copyright © Hugin AS 2009. All rights reserved.
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