Corporate | 14 August 2015 08:00

PVA TePla AG: Publication of business figures for the first half of 2015

PVA TePla AG / Key word(s): Half Year Results

2015-08-14 / 08:00

PVA TePla: Publication of business figures for the first half of 2015

– Incoming orders of EUR 56.3 million (previous year: EUR 30.9 million)

– Order backlog of EUR 61.1 million (previous year: EUR 34.7 million)

– Consolidated sales revenues of EUR 33.5 million (previous year: EUR 38.7 million)

– EBIT of EUR -2.0 million (previous year: EUR -5.1 million)

– Equity ratio of 41.6% (December 31, 2014: 43.6%)

Sales revenues and earnings
PVA TePla AG, Wettenberg, a manufacturer of systems for the production of industrial crystals, vacuum and high-temperature systems as well as plasma systems and systems for non-destructive quality inspections, generated consolidated sales revenues of EUR 33.5 million in the first half of 2015 (previous year: EUR 38.7 million), which is due to the low order backlog at the beginning of the year. Operating earnings of EUR -2.0 million were negatively impacted by underutilization of capacity as well as accompanying actions as part of the reorganization measures.

Incoming orders
In the first six months of 2015, incoming orders for the PVA TePla Group amounted to EUR 56.3 million and were considerably higher than the previous year’s incoming orders of EUR 30.9 million. The book-to-bill ratio stood at 1.7 (previous year: 0.8). Both divisions made a contribution to the increase in incoming orders.

Net asset situation
Total assets of EUR 89.0 million as of June 30, 2015 amounted to the value of December 31, 2014 [previous year]. Equity declined slightly to EUR 37.0 million (previous year: EUR 38.8 million) on account of the net loss for the period of EUR -2.1 million (previous year: EUR -4.1 million). The equity ratio declined to 41.6% (previous year: 43.6%).

Cash flow from operating activities amounted to EUR -0.8 million in the first six months of 2015 (previous year: EUR -10.5 million). The net financial position (cash minus current and non-current financial liabilities) amounted to EUR -7.8 million (previous year: EUR -12.1 million).

Outlook for fiscal year 2015
Consolidated sales revenues of between EUR 70 million and EUR 80 million and break-even EBIT are still anticipated for fiscal year 2015.

The quarterly report can be downloaded from today on the company website www.pvatepla.com .

For further information please contact:

Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
gert.fisahn@pvatepla.com
www.pvatepla.com

2015-08-14 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:	English
Company:	PVA TePla AG
	Im Westpark 10-12
	35435 Wettenberg
	Germany
Phone:	0641/686900
Fax:	0641/68690800
E-mail:	info@pvatepla.com
Internet:	www.pvatepla.com
ISIN:	DE0007461006
WKN:	746100
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart

End of News DGAP News-Service

386743  2015-08-14