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PVA TePla continues successful business development with strong third quarter

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DGAP-News: PVA TePla AG / Key word(s): 9 Month figures
04.11.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

PVA TePla continues successful business development with strong third quarter
 

- Sales revenues in the first nine months with a clear plus of 19% at EUR 115.3 million

- EBITDA rises by 24% to EUR 16.2 million in the nine-month period, EBIT increases by 27% to EUR 12.7 million

- Strong order intake almost quadrupled to EUR 246.1 million (previous year: EUR 63.5 million)

- Full-year sales revenues expected to be between EUR 140 and 150 million and operating result (EBITDA) between EUR 18 and 20 million
 

The PVA TePla Group (ISIN DE0007461006), Wettenberg - Germany, is continuing on its profitable growth path. In the third quarter, sales revenues and earnings in the product areas for the semiconductor market increased significantly. The operating result increased disproportionately. The excellent order intake in the past months demonstrates the technological strength of the company and the relevance of its products and services along the entire value chain in the semiconductor industry. PVA TePla successfully supports its customers in their capacity expansions, which are required by the transformation through digitalisation, automation and sustainability.

Strong results for the nine-month period 2021
At EUR 115.3 million, Group turnover increased by 19% compared to the same period of the previous year (EUR 96.9 million). EBITDA, at EUR 16.2 million (previous year: EUR 13.1 million) and an EBITDA margin of 14.1% (previous year: 13.5%), was also significantly above the previous year's figure. EBIT was increased by 27% to EUR 12.7 million (previous year: EUR 10.0 million).
 

Very high order intake
The company recorded a very high order intake - the volume almost quadrupled to EUR 246.1 million (previous year: EUR 63.5 million). The order backlog of EUR 256.5 million thus provides high visibility into the next few financial years.
 

Forecast
The previously published forecast for sales revenues and earnings figures for the current financial year remains unchanged. In view of the existing project structure in the order book, the Executive Board continues to expect sales revenues in the range of EUR 140 to 150 million and an operating result before taxes, depreciation and amortisation (EBITDA) of between EUR 18 and 20 million in the 2021 financial year.


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


04.11.2021 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.
Archive at 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

Indices:

SDAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1245849


 

End of News

DGAP News Service

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