EANS-News: 2012 Annual General Meeting of PVA TePla AG in Giessen
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Annual & Special Corporate Meetings Wettenberg (euro adhoc) - (Wettenberg, June 14, 2012) - The Annual General Meeting of PVA TePla AG, Wettenberg, a manufacturer of silicon crystallization systems as well as vacuum and high-temperature systems, was held yesterday at the Gießen Congress Center. The items on the agenda were passed with a large majority and 47% of shareholders were in attendance. In his speech to the shareholders and guests, the Chairman of the Management Board of PVA TePla Dr. Arno Knebelkamp discussed fiscal year 2011. Both the consolidated sales revenues for 2011 of around EUR 133 million and the EBIT margin of 10.3% - again at a pleasingly high level for a manufacturer of equipment and machinery - were slightly higher than expected. The company thus followed on seamlessly from the quality of the previous years' results in 2011, despite the crisis in the photovoltaics industry. The major strategic goal of establishing an additional product area in the Industrial Systems division as a fourth pillar alongside the existing activities in sintering, brazing and graphite processing was also described. CFO Arnd Bohle then discussed the consolidated financial statements for 2011 and the figures for the first quarter of the current fiscal year and concluded by giving the shareholders an outlook for the current fiscal year. The forecast of consolidated annual sales revenues of EUR 120 million - EUR 130 million and an EBIT margin of 8% - 10% was confirmed. Further inquiry note: Dr. Gert Fisahn Telefon: +49(0)641 68690-400 E-Mail: gert.fisahn@pvatepla.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: PVA TePla AG Im Westpark 10-12 D-35435 Wettenberg phone: +49(0)641 68690-0 FAX: +49(0)641 68690-800 mail: ir@pvatepla.com WWW: http://www.pvatepla.com sector: Misc. Industrials ISIN: DE0007461006 indexes: CDAX stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original content of: PVA TePla AG, transmitted by news aktuell