EANS-News: PVA TePla AG
Analysts´ Conference
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annual result
Wettenberg (euro adhoc) - Very sound incoming order situation in the first few months of 2011 New Management Board Main investor continues to support the company
(Wettenberg, April 4, 2011) - PVA TePla AG, Wettenberg, a manufacturer of high-temperature vacuum systems and a specialist in the construction of crystal-growing systems, held its annual analysts´ conference in Frankfurt on April 1. The event enabled around 25 bank representatives to gain an overview of the past fiscal year and an outlook of the prospects for the year ahead.
The healthy incoming order trend continued in the first two months of 2011. As things stand, the company therefore remains well-placed to meet its sales forecast of Euro 120 million - Euro 130 million in 2011.
On his first official day at work, CEO-elect Dr. Arno Knebelkamp took the opportunity to introduce himself to the banks.
At the conference, the current CEO, Peter Abel, stressed that he will retain the shares in PVA TePla AG that he holds via PA Beteiligungsgesellschaft as a long-term strategic investment after he steps down from the Management Board following this year´s Annual General Meeting. After handing over the chairmanship as part of the strategic corporate development, Mr. Abel will continue to assist the company in an advisory capacity.
end of announcement euro adhoc --------------------------------------------------------------------------------
Contact:
Dr. Gert Fisahn
Telefon: +49(0)641 68690-400
E-Mail: gert.fisahn@pvatepla.com
Branche: Misc. Industrials
ISIN: DE0007461006
WKN: 746100
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade