PVA TePla AG / Dissemination of a Voting Rights Announcement transmitted by DGAP
PVA TePla AG: Positive result in 2004 business year Turnaround after merger of TePla and PVA Asslar, 14.03.05: PVA TePla AG, which is listed in the Prime Standard segment of the German stock exchange, today announced its provisional figures for the 2004 business year. With a positive operating result
PVA TePla AG / Preliminary 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: Positive result in 2004 business year
Turnaround after merger of TePla and PVA
Asslar, 14.03.05: PVA TePla AG, which is listed in the Prime Standard
segment of the German stock exchange, today announced its provisional
figures for the 2004 business year.
With a positive operating result of € 0.3 million (2003: € –5.7 million),
PVA TePla AG – the company formed by a merger in late 2002 – achieved its
turnaround in fiscal 2004, thus confirming its previous earnings forecast.
Group revenues rose to € 44.2 million (2003: € 38.9 million), and the gross
margin to almost 29% (2003: 26.7%). Following continuous revival of
business activity in the course of the year, the fourth quarter generated
further substantial growth in revenues and earnings in all three divisions.
In all areas of activity, cost savings resulting from the restructuring
successfully completed by mid-year led to improvements in both gross margin
and earnings.
With a positive cash flow of € 5.1 million (2003: € –4.7 million), the
Group improved its internal financing considerably.
The book-to-bill ratio is high, at 1.2, due to an extensive increase in
incoming orders to around € 55 million (2003: € 38.1 million). The Group
started the 2005 business year with € 20.2 million in order backlog (2004:
€ 11.0 million).
The complete, audited annual financial statements for 2004 will be
published as scheduled on 31 March 2005.
Contact: Peter Banholzer (IR Manager)
Fon: +49 / (0)6441 / 5692-342
eMail: peter.banholzer@pvatepla.com
EquityStory AG 14.03.2005
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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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