Pva Tepla Ag · XETR:TPE
Pva Tepla — FY2024 Earnings Presentation
20 slides from Pva Tepla's earnings presentation, Mar 19, 2025
Slide 1: FY 2024 Presentation
FY 2024 PRESENTATION 19 March 2025
Slide 2: Agenda
AGENDA BUSINESS HIGHLIGHTS FY 2024 FINANCIALS FY 2024 STRATEGY AND OUTLOOK 2
Slide 3: Highlights 2024
HIGHLIGHTS 2024 DELIVERING ON OUR STRATEGY 2028 Strategy 2028 introduced, targeting EUR 500 m in sales New management setup completed Newly established Technology Hub drives innovation in future areas like silicon carbide processing Metrology: Further strengthened with high-precision quality control
Slide 4: Share Buyback
SHARE BUYBACK FOR ACQUISITIONS AND INCENTIVE PLANS Objective: For acquisitions or investments to strengthen the company's competitive position Allocation to board members and executives as part of long-term compensation models Framework: Period: November 22, 2024, to December 31, 2025 Maximum number
Slide 5: ESG Update
ESG UPDATE DRIVING SUSTAINABILITY: STRONG PERFORMANCE AND STRATEGIC PROGRESS ENVIRONMENT Net Zero achieved for Scope 1 & 2 in 2024, with a significant CO₂ reduction of 63.3% Energy Mix: 85% of electricity from renewable sources SOCIAL Increased focus on social sustainability, improving employee sati
Slide 6: Agenda
AGENDA BUSINESS HIGHLIGHTS FY 2024 FINANCIALS FY 2024 STRATEGY AND OUTLOOK 6
Slide 7: Key Figures
KEY FIGURES PROFITABILITY AND SALES IN LINE WITH GUIDANCE; INVESTMENTS ON TRACK Key figures met 2024 forecast Solid sales growth in spite of challenging market Sales EBITDA conditions EUR 270.1 m EUR 47.8 m EBITDA increased to EUR 47.8 m from EUR 41.5 m, 2.5% 15.7% margin at 17.7%. – gross margin ro
Slide 8: Group Sales
GROUP SALES MODERATE GROWTH IN CHALLENGING ENVIRONMENT Year to Year Segment Split Both divisions benefit from [EURm] [EURm] +2.5% megatrends, e.g. digitalization, decarbonization, and mobility 263.4 270.1 Regional sales split: Asia 55%, Europe 31%, North America 14% Semiconductor grew by 0.8%, 31% I
Slide 9: Order Intake
ORDER INTAKE SHIFT IN MIX WITH SHORTENED LEAD TIMES Year to Year Product Groups Regional Split: Asia 40%, Europe [EURm] [EURm] 39%, North America 21% -32.1% 221.8 Semiconductor segment Material Solutions contributed 66% of new orders, Industrial 34% 150.6 Balanced product mix: 48% Material Solutions
Slide 10: Semiconductor
SEMICONDUCTOR STRONG METROLOGY GROWTH OFFSETS WEAKNESS IN MATERIAL SOLUTIONS Sales EBITDA Order intake [EURm] [EURm] [EURm] +0.8% +18.2% -30.6% 186.1 187.6 40.2 142.4 34.0 98.8 (margin) 18.3% 21.4% 2023 2024 2023 2024 2023 2024 10
Slide 11: Industrial
INDUSTRIAL DEMAND FROM AEROSPACE, MEDICAL TECHNOLOGY, AND OPTICAL INDUSTRIES Sales EBITDA Order intake [EURm] [EURm] [EURm] +6.7% +7.6% -34.8% 82.5 14.1 79.4 77.4 13.1 51.8 (margin) 17.0% 17.1% 2023 2024 2023 2024 2023 2024 11
Slide 12: Group Profit
GROUP PROFIT SOARED ON ALL LEVELS Gross Profit EBITDA EBIT [EURm] [EURm] [EURm] +13.5% +15.2% +15.1% 88.0 47.8 39.6 77.5 41.5 34.4 (margin) 29.4% 32.6% (margin) 15.8% 17.7% (margin) 13.0% 14.7% 2023 2024 2023 2024 2023 2024 12
Slide 13: Agenda
AGENDA BUSINESS HIGHLIGHTS FY 2024 FINANCIALS FY 2024 STRATEGY AND OUTLOOK 13
Slide 14: Driving Transformation
DRIVING TRANSFORMATION UNLOCKING FUTURE GROWTH Sales & Service Actively addressing new markets Expanding sales and service teams in Asia and North America Enhancing service capacities, including 24/7 support where needed R&D Technology Hub as central platform for innovation and research on future ma
Slide 15: Geographical Approach
GEOGRAPHICAL APPROACH STRENGTHENING EXISTING AND ADDRESSING NEW MARKETS North America Asia Expansion in Taiwan and Korea Addressing Japan and India Expansion in the U.S. Addressing Mexico and Canada 15
Slide 16: Recent Strategic Investments
RECENT STRATEGIC INVESTMENTS STRENGTHENING OUR METROLOGY CAPABILITIES Strategic Benefits Strategic Benefits Strengthening manufacturing capabilities for fully Strengthening quality control and defect detection automated metrology systems for silicon carbide crystals Securing critical automation expe
Slide 17: Realignment of the Supervisory Board
REALIGNMENT OF THE SUPERVISORY BOARD EXPANSION OF THE BOARD´S EXPERTISE IN KEY AREAS Since the election of Dr Myriam Jahn in 2023, the Supervisory Board has been in a process of realignment, which will be successfully concluded with the AGM 2025. Prof Dr Gernot Hebestreit to hand over to Christoph v
Slide 18: Guidance 2025
GUIDANCE 2025 TRANSITIONING FOR GROWTH Operational focus areas 2025 Expanding high-in-demand metrology solutions and developing SiC technologies to market readiness Building up sales & service infrastructure in Asia and North America Scaling production and optimizing processes Financial targets 2025
Slide 19: Financial Calendar
FINANCIAL CALENDAR FISCAL YEAR 2025 May 15 Publication of Q1 Results June 24 Annual General Meeting August 13 Publication of H1 Results September Capital Markets Day November 12 Publication of Q3 Results 19
Slide 20: Forward-looking statements disclaimer
This presentation contains forward-looking statements which are based on certain assumptions, expectations and opinions of the management of PVA TePla (the "Company") or cited from third-party sources. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A va