PVA TePla AG / Dissemination of a Voting Rights Announcement transmitted by DGAP
PVA TePla AG: Substantial increase in revenue compared to first quarter of 2004 – Net result slightly negative Asslar, 13.05.05: In the first quarter of 2005, previously a weaker quarter for sales, the PVA TePla Group succeeded in boosting revenues by almost 29% to € 10.7 million (Q1/2004: € 8.3 million).
PVA TePla AG / Quarter Results
Ad-hoc-Announcement according to § 15 WpHG transmitted by EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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PVA TePla AG: Substantial increase in revenue compared to first quarter of
2004 – Net result slightly negative
Asslar, 13.05.05: In the first quarter of 2005, previously a weaker quarter
for sales, the PVA TePla Group succeeded in boosting revenues by almost 29%
to € 10.7 million (Q1/2004: € 8.3 million). The largest share of sales, €
6.9 million, was generated by the Vacuum Systems division, which exceeded
its Q1/2004 figure by 47%. The regional breakdown of sales shows an
increase in all the company’s core markets.
Gross profit, at € 2.2 million, was higher than a year before (€ 1.6
million), but was burdened by low sales in the Crystal Growing Systems
division. The operating result was € –0.4 million, a significant
improvement on the Q1/2004 figure of € –1.5 million, based on the result of
cost reduction measures. Due to the prescribed capitalisation of deferred
taxes, the first-quarter net result was € –0.2 million (Q1/2004: € –0.8
million).
Operative cash flow was again positive at € 0.6 million (Q1/2004: € –0.3
million).
By the end of March, total incoming orders had reached the high level of €
11.8 million, more than Group sales in the first quarter (book-to-bill
ratio: 1.1). The order backlog amounted to € 22.3 million, another slight
increase on the strong figure at the end of the 2004 financial year.
In the 2005 financial year, the PVA TePla Group will no longer be reporting
in accordance with US GAAP, but for the first time in compliance with IFRS
(International Financial Reporting Standards). We refer to the details in
the quarterly report regarding the effects of this transition.
Due to continued strong demand in the core business fields and an emergent
upswing in demand for crystal growing systems, we are able to confirm our
positive expectations and forecasts for the 2005 business year.
Contact: Peter Banholzer (IR Manager)
fon: +49 (0)6441 / 5692-342
E-mail: peter.banholzer@pvatepla.com
EquityStory AG 13.05.2005
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language: English
emitter: PVA TePla AG
Emmeliusstr. 33
35614 Asslar Deutschland
phone: +49 (0)89 905 03-106
fax: +49 (0)89 905 03-147
email: ir@pvatepla.com
WWW: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
indexes: CDAX, PRIMEALL, TECHALLSHARE
stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Hannover, Hamburg, Düsseldorf, Stuttgart
End of News EQS News-Service
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