EANS-News: PVA TePla AG Excellent figures for 2011
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annual report
Wettenberg (euro adhoc) - Sales revenues of EUR 132.6 million (previous
year: EUR 120.4 million)
Incoming orders of EUR 156.2 million (previous year: EUR 93.4 million)
Order backlog of EUR 74.9 million (previous year: EUR 52.9 million)
(Wettenberg, March 13, 2012) - PVA TePla AG, Wettenberg-Germany, a manufacturer
of silicon crystallization systems, vacuum and high-temperature systems, has
published its provisional consolidated figures for fiscal 2011, which show a
pleasing increase over fiscal 2010. PVA TePla AG generated consolidated sales
revenues of EUR 132.6 million (previous year [PY]: EUR 120.4 Mio), slightly
higher than its previously advised forecast.
The rise in incoming orders to EUR 156.2 million was particularly significant,
resulting in correspondingly higher order backlog of currently EUR 74.9 million
as of December 31, 2011 (comparative figures for 2010: incoming orders of EUR
93.4 million and order backlog of EUR 52.9 million).
At EUR 57.0 million, the Industrial Systems division´s sales revenues were twice
as high as in fiscal 2010 (EUR 28.4 million). This is the highest sales revenue
figure for this division in the history of the company. The development in
incoming orders was also very promising, rising to a record level of EUR 59.2
million (PY: EUR 40.8 million). Vacuum systems were mainly provided to customers
on the hard metals market.
Sales revenues in the Semiconductor Systems division also rose significantly
year-on-year in 2011 to EUR 49.3 million (PY: EUR 33.9 million). The strong rise
in sales revenues is due to the crystal-growing system business units for the
semiconductor industry (Czochralski and float-zone processes). The PVA TePla
Analytical Systems subsidiary posted stable sales revenues at a high level in
2011. Sales revenues in the plasma systems product group even improved slightly.
The Semiconductor Systems division also saw high growth in incoming orders from
EUR 42.5 million in 2010 to EUR 68.1 million in 2011.
In a challenging market environment, sales revenues in the Solar Systems
division declined to EUR 26.3 million in the past fiscal year (PY: EUR 58.1
million). Sales revenues essentially related to an order received in April 2011
to provide systems for the production of monocrystalline silicon crystals in
Asia. Incoming orders increased as a result of the above order to EUR 28.9
million (PY: EUR 10.1 million) and at least matched the 2009 level after a weak
2010.
EBIT, which was forecast at between 8% and 10%, will slightly exceed 10% in
2011.
Further figures will be described in a press release on March 29, 2012 in
connection with the publication of the annual report for PVA TePla AG.
The current forecast for fiscal 2012 has been confirmed. Thus, consolidated
sales revenues are expected to amount to between EUR 120 million and EUR 130
million. An EBIT margin of 8%-10% is anticipated.
Further inquiry note:
Dr. Gert Fisahn
Telefon: +49(0)641 68690-400
E-Mail: gert.fisahn@pvatepla.com
end of announcement euro adhoc
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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