PVA TePla AG: Sales revenues and earnings as forecast in Q1 2010
(Thomson Reuters ONE) -
PVA TePla AG / PVA TePla AG: Sales revenues and earnings as forecast in Q1 2010 processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
· Consolidated sales revenues of EUR 33.0 million (previous year: EUR
38.6 million)
· EBIT of EUR 3.2 million (previous year: EUR 4.7 million)
· Incoming orders of EUR 18.7 million (previous year: EUR 16.3 million)
· Order backlog of EUR 71.1 million (previous year: EUR 129.8 million)
· Annual guidance confirmed
(Wettenberg, May 12, 2010) - PVA TePla AG, Wettenberg, a manufacturer of vacuum
and high-temperature systems, generated sales revenues of EUR 33.0 million as
expected in the first quarter of 2010 (previous year: EUR 38.6 million). Its
EBIT amounted to EUR 3.2 million (previous year: EUR 4.7 million).
Owing to weak incoming orders in the previous year, the Industrial Systems
division recorded sales revenues of EUR 6.8 million (previous year: EUR
10.9 million). Sales revenues in the Semiconductor Systems division decreased to
EUR 3.4 million (previous year: EUR 10.9 million) on account of the lack of new
crystal growing orders. The Solar Systems division increased its sales revenue
to EUR 22.8 million (previous year: EUR 16.9 million), making it the Group's
strongest division in terms of sales revenues.
EBIT of EUR 3.2 million (previous year: EUR 4.7 million) and a consolidated net
profit of EUR 2.0 million (previous year: EUR 2.9 million) were generated. The
EBIT margin was within the forecasted range at 9.7% (previous year: 12.2%).
Incoming orders amounted to EUR 18.7 million (previous year: EUR 16.3 million)
and varied from division to division. In the first three months of the year,
incoming orders in the Industrial Systems division were up significantly on the
figure for the previous year at EUR 8.9 million (EUR 4.5 million). The
Semiconductor Systems division generated incoming orders of EUR 9.0 million
(previous year: EUR 8.5 million). Incoming orders for the Solar Systems division
amounted to EUR 0.8 million (previous year: EUR 3.2 million). This division is
still conducting talks on major projects with customers around the world.
At EUR -0.6 million, cash flow from operating activities was slightly negative
in the first quarter of 2010 after good figures in the preceding quarters
(previous year: EUR 4.5 million). Cash flow from investing activities amounted
to EUR ?0.2 million (previous year: EUR ?1.1 million). The free cash flow was
EUR ?0.8 million (previous year: EUR 3.2 million). The liquidity situation of
the PVA TePla remained positive - reflected in its high levels of cash and cash
equivalents.
PVA TePla is confirming its guidance for fiscal year 2010 of forecasted
consolidated sales revenues of EUR 120 million and an EBIT margin in the range
between 8% and 10%.
For further information, please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
gert.fisahn(at)pvatepla.com
www.pvatepla.com
[HUG#1415097]
--- End of Message ---
PVA TePla AG
Im Westpark 10 - 12 Wettenberg Germany
WKN: 746100;ISIN: DE0007461006;Index:Prime All Share,CDAX,GEX;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;
Unternehmensinformation / Kurzprofil:
Datum: 12.05.2010 - 08:30 Uhr
Sprache: Deutsch
News-ID 20769
Anzahl Zeichen: 0
contact information:
Town:
Wettenberg
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 228 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"PVA TePla AG: Sales revenues and earnings as forecast in Q1 2010"
steht unter der journalistisch-redaktionellen Verantwortung von
PVA TePla AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
