PVA TePla : Publication of figures for first half of 2017

Sales revenues and operating earnings PVA TePla AG, Wettenberg, a leading manufacturer of systems for the production of industrial crystals and vacuum and high-temperature systems, plasma systems and systems for non-destructive quality inspection, generated consolidated sales revenues of EUR 43.6 million in the first six months of 2017, up 12.3% on the same period of the previous year (EUR 38.8 million). Gross profit increased by 8.5% to EUR 10.1 million (previous year: EUR 9.3 million). This leads to a gross margin of 23.1% (previous year: 23.9%). EBIT amounted to EUR 1.5 million (previous year: EUR 0.6 million). The consolidated net income for the period was EUR 0.5 million (previous year: EUR 0.4 million). Incoming orders/order backlog Incoming orders for the PVA TePla Group rose by 27.5% to EUR 45.6 million in the first six months of 2017 (previous year: EUR 35.8 million). Both the Industrial Systems division and the Semiconductor division contributed to the growth in incoming orders, with increases of 41% and 19% respectively. The book-to-bill-ratio is 1.05 (previous year: 0.92). The order backlog was EUR 51.7 million as of June 30, 2017 (previous year: EUR 64.9 million). Net asset situation Total assets were down significantly at EUR 90.3 million as of June 30, 2017 (Decem-ber 31, 2016: EUR 94.7 million). Equity increased slightly to EUR 40.6 million (Decem-ber 31, 2016: EUR 40.3 million) on account of the net profit for the period of EUR 0.5 million. The equity ratio climbed to 45.0% (previous year: 42.5%). Cash and cash equivalents have risen sharply to EUR 6.0 million (previous year: EUR 2.5 million). The operating cash flow for the first six months of 2017 was clearly positive at EUR 10.2 million (H1 2016: EUR -6.6 million). Outlook for fiscal 2017 Consolidated sales revenues on the scale of EUR 85 million and an EBITDA margin on the scale of 6% are still assumed for fiscal 2017. The interim report is now available to download on the company's website www.pvatepla.com.