Pva Tepla Ag · XETR:TPE
Pva Tepla — FY 2025 Earnings Presentation
20 slides from Pva Tepla's earnings presentation, Mar 19, 2026
Slide 1: FY 2025 Results & Outlook
FY 2025 RESULTS & OUTLOOK MARCH 19, 2026
Slide 2: FY 2025 Preparing for Future Growth
FY 2025 PREPARING FOR FUTURE GROWTH Strong order momentum Gaining traction in high-tech MARKETS Order intake increased significantly, reflecting Successful transfer from lab to fab in high-end semi sustained demand across key technology markets applications, energy sector, and aerospace and defense
Slide 3: Financials
FINANCIALS
Slide 4: Group Revenue
GROUP REVENUE REVENUE REFLECTS PROJECT TIMING EFFECTS WHILE DEMAND ACROSS MARKETS REMAINS INTACT YEAR ON YEAR PRODUCT GROUPS REGIONAL SPLIT [EUR MN] [EUR MN] [EUR MN] Other -9.6% North America 37.4 270.1 (15%) 98.0 Metrology 2.0 99.6 244.3 (40%) (1%) Asia (41%) 146.2 Material (60%) Solutions 105.2 (
Slide 5: Development of Order Intake
DEVELOPMENT OF ORDER INTAKE RECOVERY THROUGHOUT 2025 WITH BROAD CONTRIBUTION ACROSS PRODUCT GROUPS 2025 • Order intake recovered sequentially throughout 2025, reaching EUR 91.1 million in Q4 and EUR 267.6 million for the full year 91.1 • Demand was supported by both product groups, with strong contr
Slide 6: Order Intake
ORDER INTAKE STRONG MOMENTUM WITH BOOK-TO-BILL ABOVE 1 YEAR ON YEAR PRODUCT GROUPS REGIONAL SPLIT [EUR MN] [EUR MN] [EUR MN] Other +77.7% North America 1.4 53.2 (1%) 267.6 (20%) 108.9 Metrology (41%) 131.5 158.6 (49%) Asia Material (59%) 81.4 Solutions (30%) Semiconductor Europe 185.3 Systems 150.6
Slide 7: Group Profit
GROUP PROFIT GROSS MARGIN UNDERLINES RESILIENCE WHILE EBITDA REFLECTS STRATEGIC INITIATIVES GROSS PROFIT & GROSS PROFIT MARGIN EBITDA & EBITDA MARGIN [EUR MN] -11.6% [EUR MN] -47.1% 88.0 47.8 77.8 -18.3% 25.3 -57.4% 26.2 15.5 21.4 6.6 Q4 2024 Q4 2025 FY 2024 FY 2025 Q4 2024 Q4 2025 FY 2024 FY 2025 3
Slide 8: Segment Semiconductor Systems
SEGMENT SEMICONDUCTOR SYSTEMS REVENUE TIMING EFFECTS WHILE ORDER INTAKE SIGNALS IMPROVING SEMICONDUCTOR DEMAND REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE +87.6% -16.5% -43.0% [EUR MN] [EUR MN] [EUR MN] 187.6 40.2 185.3 156.6 22.9 +155.1% -45.6% 98.8 -20.3% 69.9 13.6 51.8 41.3 7.4 27.4 Q4 2024 Q4 20
Slide 9: Segment Industrial Systems
SEGMENT INDUSTRIAL SYSTEMS PROVIDING DIVERSIFICATION BEYOND SEMICONDUCTOR-DRIVEN MARKETS REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE +58.9% +6.2% -29.8% [EUR MN] [EUR MN] [EUR MN] 87.6 14.1 82.3 82.5 9.9 51.8 +38.0% -68.6% +32.5% 5.1 27.6 20.0 21.2 16.0 1.6 Q4 2024 Q4 2025 FY 2024 FY 2025 Q4 2024 Q4
Slide 10: Cash Development
CASH DEVELOPMENT CASH DEVELOPMENT REFLECTS ELEVATED INVESTMENT LEVEL 11.8 • Operating cash flow remained positive reflecting solid operating 31.4 performance • Investing cash flow mainly reflects investments in technology, -29.7 metrology capabilities, infrastructure, and capacity expansion • Around
Slide 11: FY 2025 Actuals & FY 2026 Guidance
FY 2025 ACTUALS & FY 2026 GUIDANCE FY 2025 IMPACTED BY TEMPORARY PROJECT DELAYS; RECOVERY IN FY 2026 FY 2025 Actuals FY 2026 GUIDANCE Revenue: EUR 244.3 m (FY 2024: EUR 270.1 m) Revenue: EUR 255 – 275 m (+4% to +13% growth vs. FY 2025) EBITDA: EUR 25.3 m (Margin: 10.4%) EBITDA: EUR 26 – 31 m EBIT: E
Slide 12: Strategy Update & Outlook
STRATEGY UPDATE & OUTLOOK
Slide 13: Acoustic Metrology Addressing High-Growth Markets
ACOUSTIC METROLOGY ADDRESSING HIGH-GROWTH MARKETS HIGH-END SEMICONDUCTOR APPLICATIONS EXPAND TOTAL ADDRESSABLE MARKET Scaling for high-volume semiconductor production KEY APPLICATIOns & Drivers R&D / NEARLINE metrology R&D / Production / Inline Memory AI / High-Performance Computing • For special ap
Slide 14: Material Solutions | Synthesis
MATERIAL SOLUTIONS | SYNTHESIS ADDRESSING GROWING SEMICONDUCTOR BULK MATERIAL MARKETS Successful diversification of Customers and Markets KEY Materials & Market Drivers Previously Today Silicon (CZ) Silicon Carbide (PVT) • High dependency on industry • R&D focus on new materials • Micro-electronics
Slide 15: Update on Organizational Development
UPDATE ON ORGANIZATIONAL DEVELOPMENT INCREASING EFFICIENCY THROUGHOUT THE GROUP Metrology Expansion Portfolio consolidation Operational Excellence ✓ Completed assembly expansion with new ✓ Consolidated China presence for more ✓ Headcount growth largely completed: cleanroom efficient market approach
Slide 16: Guidance FY 2026
GUIDANCE FY 2026 GRADUAL OPERATIONAL STABILIZATION SUPPORTED BY IMPROVED ORDER INTAKE Q1 2026 OUTLOOK FY 2026 GUIDANCE Beyond 2026 • Order intake momentum continues, with • Revenue supported by improved order • Increasing revenue contribution from strong demand in Metrology development strategic inv
Slide 17: Key Takeaways
KEY TAKEAWAYS 1. ACoustic Metrology market Grows significantly New applications are increasing the number of process steps addressable by our inspection technologies. 2. Energy, aerospace, and defense strengthen our industrial end markets Growing demand from these sectors complements the semiconduct
Slide 18: Q&A
Q&A
Slide 19: Financial Calendar
FINANCIAL CALENDAR UPCOMING CONFIRMED EVENTS AND PUBLICATIONS Date Occasion Location Category PVA representatives March 19, 2026 Earnings Call FY 2025 Wettenberg PVA event MGMT IR March 24, 2026 Jefferies Pan-European Mid-Cap Conference London Investor conference MGMT IR March 25, 2026 Roadshow with
Slide 20: Contact & Disclaimer
CONTACT & DISCLAIMER Sebastian Gonsior Head of Corporate Communications & Investor Relations P +49 (641) 68690-419 M +49 (151) 627 44381 sebastian.gonsior@pvatepla.com This presentation contains forward-looking statements which are based on certain assumptions, expectations and opinions of the manag