EANS-News: PVA TePla AG
Good earnings figures
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annual result
Wettenberg (euro adhoc) - Consolidated EBIT of EUR 12.0 million (previous year: EUR 16.6 million)
(Wettenberg, March 25, 2011) - PVA TePla AG, Wettenberg, a manufacturer of silicon crystallization systems, vacuum and high-temperature systems, has published its consolidated EBIT for fiscal 2010. Consolidated EBIT amounted to EUR 12.0 million (previous year: EUR 16.6 million). At 10.0% (previous year: 12.3%), the EBIT margin was therefore at the upper end of the forecast published by PVA TePla. The consolidated net profit for the year amounted to EUR 7.5 million (previous year: EUR 10.7 million)
As already reported in the press release of February 22, 2010, consolidated sales revenues amounted to EUR 120.4 million (previous year: EUR 134.7 million). Incoming orders increased from EUR 69.0 million in the previous year to EUR 93.4 million in 2010. As of December 31, 2010, the order backlog amounted to EUR 52.9 million (previous year: EUR 87.8 million). The increase in incoming orders is due to good demand for vacuum systems, plasma systems, analytical systems and float-zone systems. In the single-entity financial statements of PVA TePla AG in accordance with the German Commercial Code, sales revenues of EUR 113.2 million and a net profit for the year of EUR 5.8 million were generated in fiscal 2010.
The forecasts previously published for fiscal 2011 have been confirmed. Thus, consolidated sales revenues will be between EUR 120 million and EUR 130 million. An EBIT margin of 8%-10% is expected.
A press conference and analysts´ meeting to comment on the past fiscal year and the prospects for further development will be held in Frankfurt on April 1, 2011.
The annual report will be published on March 31, 2011.
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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