PVA TePla Publishes Forecast for 2010 and Confirms Forecast for 2009

• Expected consolidated sales revenues for 2010:  EUR 120 million
• Operating profit (EBIT margin) for 2010 shall be between 8% - 10%
• Confirmation of forecast for 2009
• Significant growth expected in 2011 and 2012

(Wettenberg, November 25, 2009) - At its meeting held today, the Supervisory Board of PVA TePla AG, Wettenberg - a specialist for high-temperature vacuum systems and crystal-growing systems - approved the Management Board's plans for 2010. According to this, consolidated sales revenues should be around EUR 120 million in 2010. An EBIT margin of 8 - 10% is expected.

The estimates take into account the decrease in incoming orders in 2009 caused by the economic crisis. As things stand, consolidated sales revenues of approx.  EUR 100 million are secured by the order backlog at the end of 2009, orders in final negotiations and ongoing serial production and service business. In the first few months of 2010, PVA TePla expects additional orders to the value of EUR 20 million, resulting in a total revenues forecast of EUR 120 million for 2010. If the photovoltaic market grows strongly in the next fiscal year, as assumed in various studies and analyses, there will be further growth potential beyond the revenues level forecast for 2010 for the Solar Systems division of PVA TePla.

PVA TePla envisages a gradual market recovery in the Industrial Systems segment. Sales opportunities for equipment and systems in the Semiconductor Systems division are expected to be better in 2010 than in 2009. The markets of the Solar Systems division have the best growth potential. For 2011 and 2012, PVA TePla again expects its business volume to grow significantly.

An EBIT margin of 8 - 10% is expected for fiscal year 2010.

For fiscal year 2009, PVA TePla confirms its published forecast of consolidated sales revenues of approx. EUR 145 million and an operating profit (EBIT) of EUR 15 million to EUR 17 million.

For further information, please contact:

Dr. Gert Fisahn

Investor Relations

PVA TePla AG

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

gert.fisahn@pvatepla.com  

www.pvatepla.com