PVA TePla with slight sales growth and robust earnings increase in 2024

PVA TePla with slight sales growth and robust earnings increase in 2024

Wettenberg, February 12, 2025. In a challenging economic environment, PVA TePla Group successfully concluded its fiscal year 2024. Based on preliminary figures, the company generated consolidated sales of around EUR 270 million (previous year: EUR 263 million). This represents growth of approximately 3%. Earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to be around EUR 48 million (previous year: EUR 41.5 million). PVA TePla thus closed the past fiscal year within the forecast ranges of EUR 270 to 290 million in sales and EUR 47 to 51 million in EBITDA. The EBITDA margin rose to around 18% compared to 15.8% in the previous year, underlining the positive development of the Group's profitability in the past fiscal year.

Focus on future technologies as a solid foundation

The modest increase in sales confirms the company's strategic focus on future technologies driven by the megatrends of digitization, mobility, and decarbonization. In particular, quality inspection systems for increasingly complex chip architectures in the semiconductor industry and refining technologies, such as coating processes for the aerospace industry, contributed to this positive development. Investments in the PVA Technology Hub have also strengthened the company's innovation leadership. Thanks to shorter development cycles and extensive process know-how, the Technology Hub opens up access to new markets and customers and is therefore a key element for further growth in the coming years.

For the rest of the year, PVA TePla expects a gradual recovery in key industries such as semiconductors and automotive. Increasing demand for materials used in power electronics and energy storage devices opens up additional growth potential and supports the company's medium-term targets.

All stated results are preliminary and unaudited. The annual report with the detailed financial results for the 2024 financial year as well as the forecast for 2025 will be published on 19 March 2025.

Contact:
Dr. Gert Fisahn
Investor Relations
Phone: +49(0)641/68690-400
ir@pvatepla.com

About PVA TePla
PVA TePla is a leading high-tech company specialized in materials and metrology technology. Established in 1991, PVA TePla develops and manufactures customized solutions for high-precision material production, refinement, and processing (Material Solutions), as well as systems for inspecting materials and components using acoustic, wet-chemical, and optical methods (Metrology).

PVA TePla’s Technology Hub is an innovation center that focuses on market-oriented research and the development of future-ready advanced materials. The company can cater to highly specific and individual customer requirements with its internal research and development capabilities. Solutions from PVA TePla are applied early in the value chain of products and technologies. They address global challenges associated with the megatrends of digitalization, decarbonization, and mobility.

PVA TePla has an international footprint with locations across Europe, Asia, and North America. The company is headquartered in Wettenberg, Germany, and employs more than 800 people worldwide. PVA TePla AG shares are traded on XETRA, Tradegate, and German regional stock exchanges (ISIN DE0007461006, WKN 746100).