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PVA TePla AG (OJ:TPE) 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. ---------------------------------------------------------------------- --------------
* 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; 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;
