PVA TePla AG / Dissemination of a Voting Rights Announcement transmitted by DGAP
Stronger revenue and - higher income in the 2005 business year - Excellent order situation - Confirmation of positive expectations for 2006 Aßlar, 31.03.06: PVA TePla AG today published its 2005 Annual Report containing the final and audited figures of the consolidated financial statements for the 2005
PVA TePla AG / Final Results
Ad-hoc-Announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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- Stronger revenue and
- higher income in the 2005 business year
- Excellent order situation
- Confirmation of positive expectations for 2006
Aßlar, 31.03.06: PVA TePla AG today published its 2005 Annual Report
containing the final and audited figures of the consolidated financial
statements for the 2005 financial year. Group earnings before interest and
taxes (EBIT) were increased significantly year-on-year to € 1.4 million
(2004: € 0.3 million). Consolidated net income amounted to € 1.1 million
(2004: € 0.3 million). Cost reductions achieved in preceding years were a
significant factor behind the improved earnings figure.
PVA TePla AG increased its Group revenue by 16% to € 51.4 million (2004: €
44.2 million). The biggest growth in sales, at 61% was again achieved by
the Vacuum Systems division. The Plasma Systems division generated 25% of
total revenue, the Crystal Growing Systems division a share of 14%. Exports
accounted once more for a very high percentage of revenue, namely 70%.
Owing to the good order situation and the stronger business volume, higher
investments in property assets and increases in inventories and receivables
led to the balance sheet total rising as at 31 December 1998 to € 49.0
million, compared to € 42.0 million a year before. The company’s equity
increased to € 22.7 million (2004: € 21.3 million), mainly due to the net
income for the year. The equity ratio now amounts to 46.3% (2004: 50.7%).
Current and non-current financial liabilities total € 4.6 million. The
balance-sheet ratios thus indicate continued low indebtedness and a high
equity ratio.
Particularly encouraging, as far as future business prospects are
concerned, is the growth in order volume. As previously announced, incoming
orders rose significantly to around € 64 million (2004: € 54 million), an
increase of 19%. At 1.25, the book-to-bill ratio at Group level surpassed
the very high prior-year figure of 1.22. The order backlog within the Group
as a whole was considerably improved by 62% from € 20.5 million at the end
of 2004 to a new high of € 33.2 million as at 31.12.2005. This means that
50% of the forecast revenue for 2006 is already contained in the order
backlog as at 31.12.2005.
Total incoming orders in the first months of 2006 were ahead of plan. In
light of this overall situation, the Management Board continues to expect
an expansion of business volume by around 30% year-on-year in 2005 and an
EBIT margin (operating profit expressed as a percentage of revenue) in the
order of 4-6%.
The full 2005 Annual Report is available for download on our website at
www.pvatepla.com (Investor Relations section).
For further information, contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Emmeliusstr. 33
35614 Aßlar
Phone: +49(0)6441/5692-342
Fax: +49(0)6441/5692-118
gert.fisahn@pvatepla.com
www.pvatepla.com
DGAP 31.03.2006
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language: English
company: PVA TePla AG
Emmeliusstr. 33
35614 Asslar Deutschland
phone: +49 (0)6441 56 92 342
fax: +49 (0)6441 56 92 118
email: ir@pvatepla.com
WWW: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
indices: CDAX, PRIMEALL, TECALLSHARE, GEX
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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