EQS-News: PVA TePla: Slight revenue growth with significantly improved profitability
EQS-News: PVA TePla AG
/ Key word(s): 9 Month figures
PVA TePla: Slight revenue growth with significantly improved profitability
In a persistently challenging industry environment, the increase in revenues and earnings underlines the successful implementation of the business strategy: revenues rose by the end of September by 3.7 % to EUR 198.3 million (9M 2023: EUR 191.2 million) and operating earnings before depreciation and amortization (EBITDA) by 11.1 % to EUR 32.4 million (9M 2023: EUR 29.1 million). Jalin Ketter, CEO of PVA TePla AG, says: "We are very satisfied with our operational progress, good business performance and earnings development in particular. Our team is putting our 'Strategy 2028', which we presented in spring, into action. In particular, the increasing demand for our inspection systems in the semiconductor segment confirms that we are on the right track to grow this business area." Strong demand for metrology systems for ultrasonic microscopy in the Semiconductor segment contributed to the positive performance in the first nine months. The Industrial Systems segment instead benefited from the demand for materials technologies. PVA TePla Group received new orders totaling EUR 107.2 million (9M 2023: EUR 177.6 Mio.) in the first nine months of 2024. The reduced order backlog of EUR 187.3 million (30 September 2023: EUR 297.3 million) continues to provide a solid basis for the Group's further growth. A significant portion of the incoming orders in the Semiconductor Systems segment is now attributable to the metrology systems product area. PVA TePla drives implementation of “Strategy 2028” forward – focus on investments in R&D PVA TePla secures its long-term growth path with research and development in the Technology Hub and through strategic investments. In the third quarter, this was particularly successful in the area of crystal production with silicon carbide (SiC). Thanks to the efforts of the Technology Hub team, PVA TePla is now able to produce SiC-powder – as a starting material for crystal production – in different grain sizes with consistently high quality and reproducibility. 25 percent stake in Scientific Visual: progress in volume analysis and quality control To expand activities related to the future material silicon carbide in the metrology division, PVA TePla entered a strategic partnership with Scientific Visual. In this context, work is currently being done on the 3D analysis of silicon carbide crystals, so-called pucks. Volume inspection of the crystal allows even earlier detection of defects than at the wafer level. This enables identification of material sections in the puck of excellent quality and select them specifically for further processing. As a result, production processes are accelerated, scrap is minimized, and energy is saved. Growth in revenues and earnings in both segments The Semiconductor Systems segment contributed over two thirds (68.5 %; 9M 2023: 70 %) of the total revenue for the first nine months of 2024, with revenue of EUR 135.7 million (9M 2023: EUR 133.8 million). The main growth drivers were equipment for material synthesis, such as crystal growing systems, as well as acoustic metrology systems (ultrasonic microscopy). The operating result rose by 8.7 % to EUR 23.4 million (9M 2023: EUR 21.5 million). The Industrial Systems segment grew by 9.0 %, with revenues increasing to EUR 62.5 million (9M 2023: EUR 57.4 million), accounting for 31.5 % (9M 2023: 30.0 %) of total revenues. Joining and finishing technologies were the focus of the deliveries. The operating result increased slightly to EUR 7.6 million (9M 2023: EUR 7.5 million). PVA TePla increased earnings before interest, taxes, depreciation and amortization (EBITDA) noticeably to EUR 32.4 million (9M 2024: EUR 29.1 million). The EBITDA margin rose to 16.3 % compared to 15.2 % in the first nine months of 2023. Earnings before interest and taxes (EBIT) also rose significantly to EUR 26.6 million (9M 2023: EUR 23.9 million, with an EBIT margin of 13.4 % (9M 2023: 12.5 %). Cash flow from operating activities improved significantly to EUR 21.2 million due to the successful execution of major customer contracts and is therefore clearly positive – in the first nine months of 2023, operating cash flow was still negative at EUR -0.01 million. Forecast 2024 confirmed and specified For the full year 2024, the company confirms its forecasts and specifies consolidated revenues and EBITDA at the lower end of the previously announced ranges of EUR 270 – 290 million and EUR 47 – 51 million. Overview of key figures for the nine-month period
Contact: Dr. Gert Fisahn Investor Relations PVA TePla AG Tel: +49(0)641/68690-400 gert.fisahn@pvatepla.com
12.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2027449 |
End of News | EQS News Service |
|
2027449 12.11.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 96,78 | 130,97 | 137,04 | 155,74 | 205,23 | 263,45 | 284,00 | |
EBITDA1,2 | 12,28 | 16,21 | 22,75 | 23,03 | 30,03 | 41,53 | 50,00 | |
EBITDA-Margin3 | 12,69 | 12,38 | 16,60 | 14,79 | 14,63 | 15,76 | 17,61 | |
EBIT1,4 | 9,47 | 12,31 | 18,52 | 18,33 | 25,09 | 34,38 | 43,00 | |
EBIT-Margin5 | 9,79 | 9,40 | 13,51 | 11,77 | 12,23 | 13,05 | 15,14 | |
Net Profit (Loss)1 | 5,97 | 7,71 | 12,73 | 12,16 | 17,66 | 24,42 | 30,00 | |
Net-Margin6 | 6,17 | 5,89 | 9,29 | 7,81 | 8,61 | 9,27 | 10,56 | |
Cashflow1,7 | 11,65 | -0,59 | 8,06 | 58,86 | -14,07 | 2,00 | 0,00 | |
Earnings per share8 | 0,27 | 0,35 | 0,59 | 0,56 | 0,81 | 1,12 | 1,38 | |
Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: BDO
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
©boersengefluester.de | ||||||
PVA Tepla | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
746100 | DE0007461006 | AG | 295,15 Mio € | 21.06.1999 | Kaufen | 9F2CJJ5X+66 |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
8,48 | 29,60 | 0,29 | 25,13 | 2,32 | 147,72 | 1,12 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,00 | 0,00 | 0,00 | 0,00% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
30.08.2024 | 15.05.2024 | 14.08.2024 | 12.11.2024 | 20.03.2024 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
+7,36% | -11,24% | -33,48% | -32,82% | +32,39% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.