PVA TePla AG — Earnings Release 2006

Nov 14, 2006

News Details

Corporate | 14 November 2006 08:00

PVA TePla AG: Good Group Result for PVA TePla AG in the First Nine Months of 2006

Corporate news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— • Group revenues increased by 46% to €53 million • Operating result (EBIT) of €2.5 million • EBIT margin of 4.8% (Asslar, November 14, 2006) – In the first nine months of 2006, PVA TePla AG increased Group revenues to €53 million, representing an increase of 46% on the same period in the previous year (PY). The operating result (EBIT) increased to +€2.5 million (PY: +€0.4 million). The EBIT margin reached 4.8%. Sales revenue The main force behind the growth in revenues is the Crystal Growing division, which generated revenues of €21.7 million (PY: €3.7 million). The Vacuum Systems division contributed revenues of €21.2 million, marginally lower than the excellent value of €24.3 million contributed in the previous year. The Plasma Systems division reported revenues of €10.1 million, exceeding the previous year’s figure of €8.3 million. Profitability The improvement in results when compared with the previous year is mostly due to a substantial rise in gross profit to €12.7 million (PY: €8.6 million). On the basis of rising Group revenues, the gross margin also climbed slightly to €24 million (PY: €23.8 million). There was a vast increase in EBIT to €2.5 million (PY: +€0.4 million), which led to a similar improvement of the EBIT margin to 4.8% (PY: +1.1%). In addition, at +€1.6 million the net income of the Group was significantly higher than the previous year’s value of +€0.5 million. The operating cash flow rose to its current value of +€2.7 million (PY: +€1.6 million), while the free cash flow rose to +€0.9 million (PY: +€ 0.4 million). Incoming orders Incoming orders grew to €61.3 million, an increase of 39.6% when compared with September 30, 2005 (€43.9 million). The book-to-bill ratio was therefore 1.16 (PY: 1.21). Orders on hand amounted to €41.4 million (PY: +€27.7 million). Forecast Based on the figures up to September 30, 2006, we can confirm our forecasted doubling of the order volume, a 30 % annual increase in Group revenues, and an EBIT margin of 4-6 % for the current financial year. 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 (c)DGAP 14.11.2006 ————————————————————————— Language: English Issuer: PVA TePla AG Emmeliusstr. 33 35614 Asslar Deutschland Phone: +49 (0)6441 56 92 342 Fax: +49 (0)6441 56 92 118 E-mail: ir@pvatepla.com WWW: www.pvatepla.com ISIN: DE0007461006 WKN: 746100 Indices: CDAX, PRIMEALL, TECALLSHARE, GEX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————