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PVA TePla AG — Earnings Release 2013
Nov 8, 2013
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Earnings Release
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News Details
Corporate | 8 November 2013 08:30
PVA TePla AG: PVA TePla publishes business figures as of September 30, 2013
PVA TePla AG / Key word(s): Quarter Results
08.11.2013 / 08:30
- Positive development in incoming orders (EUR 65.3 million)
- Reduction of operating loss
Rising trend in incoming orders
At EUR 33.0 million, incoming orders reached a satisfactory level in the
third quarter and confirmed a gradual easing in the order situation.
Overall, incoming orders of EUR 65.3 million (previous year: EUR 42.2
million) were generated in the first nine months. With business progressing
normally, the order backlog will be significantly higher at the start of
2014 than the start of 2013. In the first nine months of 2013, incoming
orders in the Industrial Systems business unit amounted to EUR 36.9 million
(previous year: EUR 22.5 million). With incoming orders of EUR 20.6
million, the Semiconductor Systems business unit was up slightly on the
same period of the previous year (EUR 18.7 million). Systems worth EUR 7.8
million (previous year: EUR 1.0 million) were ordered in the Solar Systems
business unit. An order for the delivery of crystal-growing systems was
received from a solar module manufacturer in Asia.
Consolidated sales revenues and operating earnings at expected level
In the first nine months, consolidated sales revenues of EUR 46.5 million
(previous year: EUR 83.7 million) were generated with operating earnings of
EUR -8.8 million (previous year: EUR 6.2 million). The cost-cutting
measures initiated in the first half of the year are taking effect as
planned, with the result that operating earnings for the third quarter
improved to EUR -460 thousand; operating cash flow also developed
positively and amounted to EUR 1.0 million in the third quarter.
Forecast confirmed
The previous forecast for the current fiscal year is confirmed. The Group
is forecasting sales revenues of between EUR 75 million and EUR 85 million
- though the figure is currently expected to be at the lower end of this
range - and low positive operating earnings before extraordinary expenses.
This forecast is based in part on the assumption that the currently planned
sales revenues from the disposal of inventory systems will be recognized by
the end of the year.
The nine-month report is available for download using the following link:
http://www.pvatepla.com/fileadmin/pdf/Q_G_Berichte/2013/PVA_Q3_en.pdf
For further information please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
[email protected]
www.pvatepla.com
End of Corporate News
08.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: PVA TePla AG
Im Westpark 10-12
35435 Wettenberg
Germany
Phone: 0641/686900
Fax: 0641/68690800
E-mail: [email protected]
Internet: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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