PVA TePla Reports Modest Revenue Growth and Enhanced Profitability

PVA TePla AG, a key player in material and measurement technology, announced a 3.7% revenue increase to EUR 198.3 million for the first nine months of 2024. The company also reported an 11.1% rise in EBITDA to EUR 32.4 million. Strong demand for semiconductor metrology systems and materials technologies were primary growth drivers.

Operational progress was highlighted by advancements in silicon carbide crystal production. A strategic partnership with Scientific Visual has enhanced volume analysis and quality control, optimizing production efficiency.

Despite a reduced order backlog, PVA TePla maintains a solid growth path with a focus on R&D and strategic investments. The company confirmed its 2024 forecast, expecting revenues and EBITDA at the lower end of its projected range.