PVA TePla AG - Earnings Release 2018

News Details

Corporate | 4 March 2019 08:00

PVA TePla exceeds targets in fiscal year 2018 – Record order backlog secures growth trajectory in subsequent years

DGAP-News: PVA TePla AG / Key word(s): Preliminary Results

04.03.2019 / 08:00

The issuer is solely responsible for the content of this announcement.

– Consolidated sales revenues: EUR 96.8 million [2017: EUR 85.4 million]

– Incoming orders: EUR 135 million [2017: EUR 163.9 million]

– Order backlog: EUR 171.5 million [2017: EUR 129.1 million]

Sales revenue growth

According to provisional and unaudited figures, the PVA TePla Group, Wettenberg, concluded fiscal year 2018 with a considerable increase in sales revenues and a further upturn in incoming orders.

Consolidated sales revenues of the PVA TePla Group climbed by approximately 13% to EUR 96.8 million [previous year: EUR 85.4 million]. Of this figure, the Semiconductor Systems division posted EUR 59.5 million (+14%) and the Industrial Systems division EUR 37.3 million (+12%).

High incoming orders and order backlog

Incoming orders at EUR 135 million exceeded consolidated sales revenues by almost 40%. As expected the previous-year figure of EUR 163.9 million (which was impacted by a large order) was not achieved. The Industrial Systems division saw order volume surge by EUR 33% to EUR 52.9 million (previous year: EUR 40.4 million). The Semiconductor Systems division generated incoming orders of EUR 82.1 million, an increase of 48% on 2017 adjusted for the large order.

As a result of successful new business, the order backlog in the PVA TePla Group rose by 33% to the record figure of EUR 171.5 million to the end of 2018 [previous year: EUR 129.1 million]. Of this EUR 52.7 million related to the Industrial Systems division (+57%) and EUR 118.9 million to the Semiconductor Systems division (+25%). “The high order buffer reflects especially strong demand from the wafer industry for applications in micro and high-performance electronics,” commented Alfred Schopf, CEO of PVA TePla. “This secures our development this year, and beyond well.”

The audited consolidated financial statements together with the annual forecast for the present fiscal year will be published on March 28, 2019, and can be downloaded from the company’s website www.pvatepla.com from that date.

For further information, please contact:

Dr. Gert Fisahn

Investor Relations

PVA TePla AG

Phone: +49(0)641/68690-400

[email protected]

www.pvatepla.com

04.03.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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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:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange