EANS-News: PVA TePla AG
Half-year 2012 figures
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- quarterly report Wettenberg (euro adhoc) - - Consolidated sales revenues EUR 60.2 (previous year: EUR 46.3) million - Operating profit (EBIT) EUR 4.9 (previous year: EUR 3.6) million - Incoming orders EUR 29.3 (previous year: EUR 90.4) million - Order backlog EUR 41.5 (previous year: EUR 96.9) million - Sales revenues and earnings forecast confirmed (Wettenberg, August 15, 2012) - Consolidated sales revenues and earnings were in line with PVA TePla Group planning in the first half of 2012. The company, which specializes in crystallization systems for semiconductor and solar silicon as well as vacuum and high-temperature systems - generated consolidated sales revenues of EUR 60.2 million (previous year: EUR 46.3 million). EBIT amounted to EUR 4.9 million (previous year: EUR 3.6 million). As at June 30, 2012, the order backlog amounted to EUR 41.5 million (previous year: EUR 96.9 million). These figures are in line with company plan-ning. In view of the order backlog, the sales revenues and earnings forecast for the whole of 2012 is confirmed with expected sales revenues of between EUR 120 million and EUR 130 million and an EBIT margin of 8-10%. The Industrial Systems division increased its sales revenues slightly from EUR 24.2 mil-lion to EUR 26.0 million year-on-year, and the Semiconductor Systems division gener-ated sales revenues of EUR 29.6 million (previous year: EUR 17.2 million) on account of the very positive development of business with crystal growing systems for the semiconductor industry. The Solar Systems division only posted sales of EUR 4.6 mil-lion (previous year: EUR 4.8 million) due to the weak order situation. EBIT amounted to EUR 4.9 million (previous year: EUR 3.6 million). At 8.2%, the EBIT margin was within the range forecast for the year as a whole of 8-10%. Consolidated net income for the period totaled EUR 3.2 million (previous year: EUR 2.4 million). Incoming orders came to EUR 29.3 million (previous year: EUR 90.4 million), with the trend being particularly weak in the second quarter. The book-to-bill-ratio stood at 0.49 (previous year: 1.96). Across almost all divisions, customers are currently show-ing considerable restraint in their investment decisions. This also applies to the impor-tant Chinese market, where we observed much lower demand for our products in the first half of 2012. In particular, the solar market is currently characterized by substan-tial overcapacity and intense price pressure across the entire supply chain, meaning that demand for production facilities is low. As at June 30, 2012, the order backlog amounted to EUR 41.5 million (previous year: EUR 96.9 million). The liquidity situation of the PVA TePla Group was again strong in the first half of 2012. As expected, the operating cash flow was positive at EUR +3.0 million (previous year: EUR -0.6 million). For the 2012 fiscal year, the previous forecast is confirmed, with consolidated sales revenues of between EUR 120 million and EUR 130 million and an EBIT margin of 8-10%. 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
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