EANS-News: PVA TePla AG Releases Planning for 2012 and Confirms Forecast for 2011
05.12.2011 – 15:53
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings Forecast Wettenberg (euro adhoc) - Expected consolidated sales revenues between EUR 120-130 million in 2012 2012 operating EBIT margin in the 8-10% range again Confirmation of forecast for 2011 Initial implementation from Strategy Project (Wettenberg, December 5, 2011) - At its meeting today, the Supervisory Board of PVA TePla AG in Wettenberg, - a manufacturer of systems for the crystallization of silicon along with vacuum and high-temperature systems - approved the Management Board´s plans for 2012. It stated that consolidated sales revenues in 2012 are expected in a range between EUR 120 million and EUR 130 million as in 2011 despite an assumed decline in the world economy. An EBIT margin of 8-10% is expected. As part of a strategy project, decisions were made to increase the focus on select foreign markets vital to PVA TePla such as in China along with sales measures in regions where it lacks a strong presence. PVA TePla expects sales revenues in the Industrial Systems division to remain the same for 2012 as in 2011. In this division PVA TePla's market position is to be expanded to include a broader range of systems on the one hand, while increasing global sales activities on the other hand. In the Semiconductor Systems division increased sales are expected on the basis of existing orders for crystal-growing systems used to produce semi-conductor wafers. The other product areas in this division, such as equipment for non-destructive quality inspection, float-zone systems for the manufacture of silicon wafers for high-performance electronics and plasma systems for cleaning and activation processes in the semiconductor and life science industries are expected all together to maintain 2011 revenue levels. Weaker revenue figures are expected for the Solar Systems division as a result of market trends in the photovoltaic industry. The products in this division will become more competitive through intensive technological development and rigorous cost management. The EBIT margin for the 2012 fiscal year is expected to be in 8-10% range again as in 2011. PVA TePla expects higher business volume in 2013 and 2014 due to a reviving solar market and the advanced implementation of strategic measures. For the 2011 fiscal year, PVA TePla is confirming its published forecast of consolidated sales revenues of between EUR 120 million and EUR 130 million and an EBIT margin in the 8-10% range, with both figures expected at the upper end of the range. You can obtain further information from: Dr. Gert Fisahn Investor Relations PVA TePla AG Phone: +49(0)641/68690-400 gert.fisahn@pvatepla.com www.pvatepla.com 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: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, Hannover, München language: English
Original content of: PVA TePla AG, transmitted by news aktuell