EANS-News: PVA TePla AG
Key figures for fiscal year 2010
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Financial Figures/Balance Sheet
Wettenberg (euro adhoc) - Sales revenues of EUR 120 million (previous year: EUR 134.7 million) Incoming orders of EUR 93 million (previous year: EUR 69.0 million) Order backlog of EUR 53 million (previous year: EUR 87.8 million)
(Wettenberg, February 22, 2011) - PVA TePla AG, Wettenberg, a manufacturer of silicon crystallization systems as well as vacuum and high-temperature systems, published its preliminary consolidated figures for the fiscal year 2010. Consolidated sales revenues amounted to EUR 120 million (previous year: EUR 134.7 million). Incoming orders increased from EUR 69.0 million in the previous year to EUR 93 million in 2010. As at December 31, 2010, the order backlog amounted to EUR 53 million (previous year: EUR 87.8 million). The decline in business volume compared to 2009 is the result of the reduced order backlog during the economic and financial crisis of 2009. The encouraging rise in incoming orders in 2010 is due to lively demand for vacuum systems, plasma systems, analytical systems, and float-zone systems.
The sales revenues of the Industrial Systems division came in at EUR 28 million and those for the Semiconductor Systems division at EUR 34 million. The Solar Systems division achieved sales revenue of EUR 58 million. For the solar market, two major orders in this area were completed for delivery of crystal-growing systems for a European and a Chinese client in the fiscal year 2010.
The operating consolidated profit margin for 2010 will be at the upper end of the published 8%-10% range in accordance with previous forecasts.
The lively demand in the areas named above will also continue into the beginning of the fiscal year 2011. Here there is also a follow-up order for crystal-growing systems from the semiconductor industry in the amount of EUR 11 million.
For fiscal year 2011, the previous outlook is affirmed. Thus, consolidated sales revenues will be between EUR 120 million and EUR 130 million. An EBIT margin of 8%-10% is expected.
The preliminary profit figures for the 2010 fiscal year will be released in early March. The full 2010 Annual Report of PVA TePla AG will be submitted on March 31, 2011.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Dr. Gert Fisahn
Telefon: +49(0)641 68690-400
E-Mail: gert.fisahn@pvatepla.com
Branche: Misc. Industrials
ISIN: DE0007461006
WKN: 746100
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade
Original content of: PVA TePla AG, transmitted by news aktuell