Pva Tepla Ag · XETR:TPE
Pva Tepla — Q1 2026 Earnings Presentation
20 slides from Pva Tepla's earnings presentation, May 7, 2026
Slide 1: Q1 2026 Results
- PVA@TePIa =, 2026 RESULTS
Slide 2: Q1 2026 Paves Way for Future Growth
Q1 2026 PAVES WAY FOR FUTURE GROWTH Record order Intake at EUR 121.6 m Gaining traction in high-tech Growth MARKETS Second strongest quarterly order intake in company AI-related orders for HBM in Metrology and compound history, well diversified over customers and technologies semiconductor materials
Slide 3: New Segment Structure
NEW SEGMENT STRUCTURE IMPROVING OUR VALUE PROPOSITION TO ALL STAKEHOLDER GROUPS OLD NEW Semiconductor Systems Industrial Systems Material Solutions Metrology • Was designed around industries and the legal structure of • Reporting now follows the way we manage and develop the Group our business with
Slide 4: New Segment Structure: Segment Overview
NEW SEGMENT STRUCTURE SEGMENT OVERVIEW Material Solutions Metrology Generating and processing high-tech materials and components Leading technologies for inspection and quality control End Markets End Markets Semiconductor Aerospace Energy Semiconductor Aerospace Key Applications Key Applications •
Slide 5: Financials
FINANCIALS
Slide 6: Segment Characteristics
SEGMENT CHARACTERISTICS HIGHLIGHTING THE KEY DIFFERENCES OF THE NEW SEGMENTS Material Solutions Metrology • 12-18 months • 4-8 months System lead times • often over time • point in time Revenue recognition • Prepayment structure of • No prepayments Payment terms 30%/60%/10% or similar • Project-tail
Slide 7: Group Revenue
GROUP REVENUE SLIGHT OVERALL DECREASE IN Y-O-Y SALES BUT SOLID GROWTH IN METROLOGY YEAR ON YEAR REGIONAL SPLIT • At EUR 54.9 million, revenue was still [EUR MN] [EUR MN] affected by the weaker order intake in 2024 and early 2025 -6.7% • Performance across the operating segments 58.8 was mixed; Mater
Slide 8: Order Intake
ORDER INTAKE SECOND STRONGEST QUARTERLY ORDER INTAKE IN COMPANY HISTORY YEAR ON YEAR REGIONAL SPLIT • Q1 2026 shows the strongest quarterly order [EUR MN] [EUR MN] intake in company history after Q3 2021 +164.0% • Order intake shows a healthy mix between segments with a roughly 50/50 split 121.6 Oth
Slide 9: Development of Order Intake
DEVELOPMENT OF ORDER INTAKE CONTINUOUS GROWTH OVER LTM, Q2 EXPECTED TO RETURN TO NORMALIZED RUN RATES Q1 2026 • Order intake in Metrology nearly tripled y-o-y to EUR 62.7 m, partially due to catch-up effects from Q4 and orders already placed for delivery in 2027 121.6 • Material Solutions more than
Slide 10: Group Profit
GROUP PROFIT LOWER REVENUE AND TEMPORARY CAPACITY UNDERUTILIZATION IMPACTED PROFITABILITY GROSS PROFIT & GROSS PROFIT MARGIN EBITDA & EBITDA MARGIN [EUR MN] [EUR MN] -20.0% 8.2 19.5 15.6 -3.9 -0.7 -1.2 -0.8 1.4 -0.6 0.4 Q1 2025 Q1 2026 Q1 2025 Gross S&D Admin R&D Other D&A* Q1 2026 profit 33.1% 28.5
Slide 11: Segment: Material Solutions
SEGMENT: MATERIAL SOLUTIONS STRONG ORDER INTAKE IMPROVES VISIBILITY FOR REVENUE CONVERSION IN SUBSEQUENT REPORTING PERIODS REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] [EUR MN] [EUR MN] +137.9% -24.4% -84.8% 42.2 6.6 59.0 31.9 24.8 1.0 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 15.6% 3.
Slide 12: Segment: Metrology
SEGMENT: METROLOGY STRONG REVENUE AND ORDER INTAKE GROWTH, WITH PROFITABILITY IMPACTED BY SCALE-UP INVESTMENTS REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] +38.2% [EUR MN] [EUR MN] +194.4% -35.3% 23.0 3.4 62.7 16.6 2.2 21.3 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 20.5% 9.5% • Revenue
Slide 13: Outlook
OUTLOOK
Slide 14: Q1 2026 Actuals & FY 2026 Guidance
Q1 2026 ACTUALS & FY 2026 GUIDANCE Q1 2026 Actuals Q2 Outlook Revenue: EUR 54.9 m • Order intake in Metrology is expected to return to the run-rate of roughly EUR 30 m. EBITDA: EUR 1.4 m (Margin: 2.5%) • Order momentum in Material Solutions is expected to continue but is characterized by higher vola
Slide 15: Q&A
Q&A
Slide 16: Appendix
APPENDIX
Slide 17: Material Solutions
MATERIAL SOLUTIONS GENERATING AND PROCESSING HIGH-TECH MATERIALS AND COMPONENTS SYNTHESIS JOINING REFINING SURFACE TREATMENT Creating new materials by trans- Combining solid materials to Adjusting material properties for Modifying surfaces to enable forming solid, liquid, or vapor create complex par
Slide 18: Metrology
METROLOGY LEADING TECHNOLOGIES FOR INSPECTION AND QUALITY CONTROL ACOUSTIC OPTICAL CHEMICAL Non-destructively detecting Non-destructively identifying defects Identifying contaminations and cavities, voids, bubbles, inclusions, and characterizing thin-film conduct trace elements analysis in and delam
Slide 19: Financial Calendar
FINANCIAL CALENDAR UPCOMING CONFIRMED EVENTS AND PUBLICATIONS Date Occasion Location Category PVA representatives May 7, 2026 Earnings Call Q1 2026 Wettenberg PVA event MGMT IR May 11-12, 2026 Frühjahrskonferenz Equity Forum Frankfurt Investor conference IR June 16, 2026 Annual General Meeting Gieße
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