PVA TePla: Figures for Fiscal Year 2009

 
  • Sales revenues of EUR135million (previous year: EUR168.6million)
  • Incoming orders of EUR69million (previous year: EUR189.9million)
  • Order backlog of EUR87million (previous year: EUR151.8million)

 

(Wettenberg, February 23, 2010) - PVA TePla AG, Wettenberg, a specialist for high-temperature vacuum systems and crystal-growing systems, has published its preliminary consolidated figures for fiscal year 2009. Consolidated sales revenues were EUR 135 million (previous year: EUR 168.6 million). Incoming orders decreased from EUR 189.9 million in the previous year to EUR 69 million in 2009. As of December 31, 2009, the order backlog amounted to EUR 87 million (previous year: EUR 151.8 million). The decrease in business volume as compared with 2008 is due to the economic and financial crisis, which led to a plunge in capital expenditure in PVA TePla's key sales markets. Consolidated sales revenues were below the forecasted figure due to delivery extensions to 2010 requested by customers.

 

The largest contribution to sales revenues (EUR 57 million) was made by the Solar Systems division. Its main activity in fiscal year 2009 was completing two orders to supply crystal-growing systems for European customers in the solar market. Sales in the Industrial Systems and Semiconductor Systems divisions of EUR 39 million each were at the same level.

 

Operating consolidated net income for 2009 will be at the high end of the forecasted range of EUR 15 million to EUR 17 million.

 

The previously published forecast for fiscal year 2010 is confirmed. Accordingly, consolidated sales revenues are expected to amount to approximately EUR 120 million. An EBIT margin of 8%-10% is expected.

 

The preliminary figures for the operating profit for fiscal year 2009 will be published at the beginning of March and the complete 2009 annual report of PVA TePla AG will be provided on March 31, 2010.

 

For further information, please contact:

Dr. Gert Fisahn

Investor Relations

PVA TePla AG

Phone: +49(0)641/68690-400

gert.fisahn@pvatepla.com