EANS-News: PVA TePla AG Releases Planning for 2012 and Confirms Forecast for 2011
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Earnings Forecast
Wettenberg (euro adhoc) - Expected consolidated sales revenues between EUR
120-130 million in 2012
2012 operating EBIT margin in the 8-10% range again
Confirmation of forecast for 2011
Initial implementation from Strategy Project
(Wettenberg, December 5, 2011) - At its meeting today, the Supervisory Board of
PVA TePla AG in Wettenberg, - a manufacturer of systems for the crystallization
of silicon along with vacuum and high-temperature systems - approved the
Management Board´s plans for 2012. It stated that consolidated sales revenues in
2012 are expected in a range between EUR 120 million and EUR 130 million as in
2011 despite an assumed decline in the world economy. An EBIT margin of 8-10% is
expected. As part of a strategy project, decisions were made to increase the
focus on select foreign markets vital to PVA TePla such as in China along with
sales measures in regions where it lacks a strong presence.
PVA TePla expects sales revenues in the Industrial Systems division to remain
the same for 2012 as in 2011. In this division PVA TePla's market position is to
be expanded to include a broader range of systems on the one hand, while
increasing global sales activities on the other hand. In the Semiconductor
Systems division increased sales are expected on the basis of existing orders
for crystal-growing systems used to produce semi-conductor wafers. The other
product areas in this division, such as equipment for non-destructive quality
inspection, float-zone systems for the manufacture of silicon wafers for
high-performance electronics and plasma systems for cleaning and activation
processes in the semiconductor and life science industries are expected all
together to maintain 2011 revenue levels. Weaker revenue figures are expected
for the Solar Systems division as a result of market trends in the photovoltaic
industry. The products in this division will become more competitive through
intensive technological development and rigorous cost management.
The EBIT margin for the 2012 fiscal year is expected to be in 8-10% range again
as in 2011.
PVA TePla expects higher business volume in 2013 and 2014 due to a reviving
solar market and the advanced implementation of strategic measures.
For the 2011 fiscal year, PVA TePla is confirming its published forecast of
consolidated sales revenues of between EUR 120 million and EUR 130 million and
an EBIT margin in the 8-10% range, with both figures expected at the upper end
of the range.
You can obtain further information from:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
gert.fisahn@pvatepla.comwww.pvatepla.com
Further inquiry note:
Dr. Gert Fisahn
Telefon: +49(0)641 68690-400
E-Mail: gert.fisahn@pvatepla.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: PVA TePla AG
Im Westpark 10-12
D-35435 Wettenberg
phone: +49(0)641 68690-0
FAX: +49(0)641 68690-800
mail: ir@pvatepla.com
WWW: http://www.pvatepla.com
sector: Misc. Industrials
ISIN: DE0007461006
indexes: CDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English