Ad hoc: PVA TePla AG: PVA TePla AG: Strong consolidated net profit in first nine months of 2009

Friday, 06. November 2009 08:32
PVA TePla AG / Interim report / Ad hoc: PVA TePla AG: Strong
consolidated net profit in first nine months of

Ad hoc announcement according to §15 WpHG processed and transmitted
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* Consolidated sales revenues of EUR 98.9 million (previous year:
EUR 120.8 million)
* EBIT of EUR 11.1 million (previous year: EUR 9.7 million)
* Order backlog of EUR 90.0 million (previous year:
EUR 181.2 million)
* Forecast: sales revenues for 2009 of around EUR 145 million,
operating EBIT at EUR 15 - 17 million

(Wettenberg, November 6, 2009) PVA TePla AG, Wettenberg, manufacturer
of vacuum and high-temperature systems, generated sales revenues of
EUR 98.9 million in the first nine months of 2009 (previous year: EUR
120.8 million). Operating EBIT improved significantly year-on-year
from EUR 9.7 million to EUR 11.1 million.

Consolidated sales revenues declined on the same period of the
previous year due current orders being rescheduled to the next two
quarters. The Industrial Systems division noted sales revenues of EUR
30.8 million, below the level for the previous year (EUR
37.0 million). Following the scheduled completion of a major order
with Siltronic Samsung to supply crystal growing systems, the
Semiconductor Systems division posted sales revenues of EUR
25.1 million (previous year: EUR 55.3 million). At EUR 43.1 million
(previous year: EUR 28.6 million), the Solar Systems division was the
Group's strongest in terms of sales revenues.

In spite of the drop in sales revenues, operating EBIT improved
significantly year-on-year to EUR 11.1 million (previous year: EUR
9.7 million). The EBIT margin is therefore 11.2%. Consolidated net
profit amounted to EUR 7.3 million (previous year: EUR 6.5 million)

In the first three quarters of 2009, the order situation of the PVA
TePla Group was substantially weaker than in the same period of 2008
- as was also the case for its main competitors - on account of the
general market developments. Owing to various factors, this
development is due to the investment restraint among customers on our
key markets. Incoming orders came to EUR 39.6 million (previous year:
EUR 169.0 million). Broken down by division, incoming orders in
Industrial Systems in the reporting period were significantly lower
than the previous year's high figure of EUR 36.9 million at EUR
14.5 million. The current economic crisis is particularly affecting
the willingness to make investments in the hard metal market within
this division. The Semiconductor Systems division generated incoming
orders of EUR 15.2 million (previous year: EUR 32.1 million). Demand
for float-zone systems from the PVA TePla branch in Denmark played a
major role in this at the start of the fiscal year. Incoming orders
for the Solar Systems division amounted to EUR 9.9 million (previous
year: EUR 100.0 million). Negotiations with customers in this area in
particular have reached such an advanced stage that significant
orders can now be expected in the next few months.

At EUR 21.8 million, the operating cash flow in the first three
quarters was significantly higher than the previous year's figure of
EUR 16.1 million. Cash and cash equivalents also increased
considerably year-on-year from EUR 15.7 million to EUR 21.6 million.

Given the shifts in sales revenues mentioned above from the current
fiscal year to 2010, PVA TePla is assuming consolidated sales
revenues for fiscal 2009 as a whole of EUR 145 million. In line with
this, part of the result will be shifted to the following year and
therefore the operating result (EBIT) in 2009 is expected to lie
between EUR 15 million and EUR 17 million.

For further information, please contact:
Dr. Gert Fisahn
Investor Relations
Phone: +49(0)641/68690-400

--- End of Message ---

Im Westpark 10 - 12 Wettenberg Germany

WKN: 746100;
ISIN: DE0007461006; Index: CDAX, GEX, Prime All Share;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in
Börse Stuttgart,
Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in
Börse Berlin,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr
in Börse Düsseldorf,
Regulierter Markt in Frankfurter Wertpapierbörse;

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