PVA TePla Increases Profitability in First Half of 2024

PVA TePla AG has reported improved profitability for the first half of 2024, driven by high demand for its metrology systems. Sales rose to EUR 135.3 million, a 7% increase compared to the same period in 2023. The company's EBITDA margin also saw significant improvement, reaching 16.2% up from 13.8% in H1 2023.

The Semiconductor Systems segment posted sales of EUR 94.7 million, a nearly 6% rise, and an operating result of EUR 16.1 million. Meanwhile, the Industrial Systems segment achieved sales of EUR 40.6 million, up by 10%, with an operating result of EUR 4.2 million.

Despite a decrease in new orders to EUR 72.5 million, the company remains optimistic. CEO Jalin Ketter noted strong demand for ultrasound microscopy in the chip industry. The firm anticipates a pickup in demand during the fourth quarter.

The company’s full-year forecast remains unchanged, targeting Group sales between EUR 270 and 290 million, and an EBITDA of EUR 47 to 51 million.