06.11.2020 PVA TePla AG  DE0007461006

DGAP-News: PVA TePla increases sales revenues and earnings in the first nine months 2020


DGAP-News: PVA TePla AG / Key word(s): 9 Month figures
PVA TePla increases sales revenues and earnings in the first nine months 2020

06.11.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

PVA TePla increases sales revenues and earnings in the first nine months 2020

- Sales revenues of EUR 96.9 million above previous year, despite COVID-19 restrictions

- EBIT increase of almost 11% over the previous year

- EBIT margin in double digits at 10.3%

- Equity ratio increases to 35.4% due to increased profitability

- Sales revenues expectations in 2020 in the scale of EUR 130 million and operating profit (EBITDA) in the scale of EUR 17 million

In a challenging overall economic environment, PVA TePla again performed very well in the first nine months of 2020. In a strong third quarter, the Group increased both sales revenues and earnings significantly compared to the two previous quarters. At EUR 96.9 million after nine months, consolidated sales revenues are now slightly higher than in the same period of the previous year. The operating result EBIT has improved overproportionately. At 10.3%, the EBIT margin is in the double-digit range. For the current 2020 fiscal year, PVA TePla AG expects sales revenues in the scale of EUR 130 million and an operating result (EBITDA) in the scale of EUR 17 million.

"Our good result in the first three quarters is all the more pleasing given that the Corona pandemic has caused many uncertainties and obstacles in recent months," says Alfred Schopf, CEO of PVA TePla AG. "The fact that we have been able to stand our ground so successfully even under these challenging conditions shows how well positioned we are both in terms of products and structures. Our set of measures to increase profitability is also paying off.

Overproportional increases
At EUR 96.9 million in the first three quarters, the PVA TePla Group exceeded the previous year's level of EUR 96.2 million in terms of sales revenues. The Semiconductor Systems division made a significant contribution to this, increasing sales revenues to EUR 64.2 million (previous year: EUR 62.6 million). As in previous quarters, orders for the supply of crystal growing systems and ultrasonic measuring systems for the semiconductor production were among the most important sales drivers. With sales revenues of EUR 32.7 million, the Industrial Systems division achieved the previous year's level (EUR 33.6 million).

With a slight increase in business volume compared to the same period of the previous year, PVA TePla achieved a further significant qualitative improvement in earnings. The gross margin increased to 30.9% (previous year: 28.4%), while EBITDA of EUR 13.1 million (previous year: EUR 11.9 million) was higher than in the same period of the previous year, both in absolute terms and in percentage terms (13.5%; previous year: 12.3%). The operating result (EBIT) rose by more than 10% to EUR 10.0 million compared to EUR 9.0 million in the first three quarters of 2019. The EBIT margin at Group level was 10.3% (previous year: 9.4%) and thus double-digit.

By the increased profitability, PVA TePla's equity also rose to EUR 64.4 million (December 31, 2019: EUR 57.3 million). The equity ratio increased accordingly to 35.4% (December 31, 2019: 31.7%). The net financial position as of September 30, 2020 was EUR 22.6 million (December 31, 2019: EUR 21.0 million).

Good order situation for 2021
With a high order backlog of EUR 137 million (December 31, 2019: EUR 170.6 million), the PVA TePla Group is comfortably positioned and looks forward to the upcoming fiscal year with confidence. Despite the challenging market environment, orders amounting to EUR 63.5 million were obtained.

At the quarterly reporting date, the Semiconductor Systems division had an order backlog of EUR 92.1 million (December 31, 2019: EUR 114.1 million) and incoming orders of EUR 42.7 million (previous year: EUR 70.8 million). Order backlog in the Industrial Systems Division amounted to EUR 45.0 million (December 31, 2019: EUR 56.5 million). The division recorded incoming orders of EUR 20.9 million (previous year: EUR 40.0 million).

Medium to long-term growth trend intact
For the current 2020 financial year, the Group expects sales revenues in the scale of EUR 130 million and an operating profit (EBITDA) in the scale of EUR 17 million. With its innovative high-tech products and solutions, PVA TePla AG has a stable basis for further growth.

For further information, please contact:
Dr. Gert Fisahn
Investor Relations
Phone: +49(0)641/68690-400
[email protected]


06.11.2020 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
Phone: 0641/686900
Fax: 0641/68690800
E-mail: [email protected]
Internet: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1145963

End of News DGAP News Service

1145963  06.11.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 86,60 85,36 96,78 130,97 137,04 155,74 177,00
EBITDA1,2 6,51 5,48 12,28 16,21 22,75 23,03 26,50
EBITDA-Marge3 7,52 6,42 12,69 12,38 16,60 14,79 14,97
EBIT1,4 3,89 3,03 9,47 12,31 18,52 18,33 22,00
EBIT-Marge5 4,49 3,55 9,79 9,40 13,51 11,77 12,43
Jahresüberschuss1 2,93 5,59 5,97 7,71 12,73 12,16 14,60
Netto-Marge6 3,38 6,55 6,17 5,89 9,29 7,81 8,25
Cashflow1,7 -4,44 38,97 11,65 -0,59 8,06 58,86 0,00
Ergebnis je Aktie8 0,13 0,26 0,27 0,35 0,59 0,56 0,64
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ebner Stolz

PVA Tepla
WKN Kurs in € Einschätzung Börsenwert in Mio. €
746100 21,200 Kaufen 461,10
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
25,54 36,49 0,67 108,16
5,57 7,83 2,96 18,30
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,00 0,00 0,00 23.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2022 04.08.2022 03.11.2022 24.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
24,74% 5,57% -49,40% -48,85%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu PVA TePla AG  ISIN: DE0007461006 können Sie bei EQS abrufen

Spezialmaschinenbau , 746100 , TPE , XETR:TPE