Pva Tepla Ag · XETR:TPE
Pva Tepla — H1 2026 Earnings Presentation
18 slides from Pva Tepla's earnings presentation, Aug 6, 2026
Slide 1: Q2/H1 2026 Results
Q2/H1 2026 RESULTS AUGUST 6, 2026
Slide 2: H1 2026: Strong Demand and Improving Quarterly Performance
H1 2026: STRONG DEMAND AND IMPROVING QUARTERLY PERFORMANCE Strong order Intake of EUR 186.7 m Overall, revenue and Earnings improved Q-o-Q Order intake increased by 80% year-on-year, supported by Quarterly performance improved compared to Q1, with increasing demand in both segments revenue and EBITD
Slide 3: Financials
FINANCIALS
Slide 4: Group Revenue
GROUP REVENUE STABLE H1 REVENUE WITH AN IMPROVING MIX YEAR ON YEAR REGIONAL SPLIT H1 • Group revenue remained broadly stable in H1 [EUR MN] [EUR MN] (+0.8% YoY), while Q2 revenue increased by +0.8% 8.0% YoY, following a softer start into the year in Q1 119.6 120.5 Other North America 0.2 • Increasin
Slide 5: Order Intake
ORDER INTAKE EXCEPTIONAL H1 ORDER INTAKE CONFIRMS SUSTAINED CUSTOMER DEMAND YEAR ON YEAR REGIONAL SPLIT H1 • Demand remained strong across both [EUR MN] [EUR MN] business segments throughout the first half +80.2% of 2026 • Book-to-Bill for H1 at 1.55 186.7 Other 1.3 • High order intake reflects cont
Slide 6: Development of Order Intake
DEVELOPMENT OF ORDER INTAKE H1 ORDER INTAKE SUPPORTS REVENUE VISIBILITY H1 2026 • Following an exceptionally strong Q1, order intake returned to a more normalized level in Q2 +7.1% • The underlying demand environment remained intact across the 121.6 first half of the year • Metrology showed strong g
Slide 7: Group Profit
GROUP PROFIT IMPROVING QUARTERLY PROFITABILITY, BUT H1 RESULTS REMAINED IMPACTED BY LOWER UTILIZATION AND ONE-OFF EFFECTS GROSS PROFIT & GROSS PROFIT MARGIN EBITDA & EBITDA MARGIN [EUR MN] [EUR MN] -11.5% -70.5% 39.9 14.9 -3.5% 35.3 -55.2% 20.4 19.7 6.7 4.4 3.0 Q2 2025 Q2 2026 H1 2025 H1 2026 Q2 202
Slide 8: Segment: Material Solutions
SEGMENT: MATERIAL SOLUTIONS CONTINUED STRONG ORDER MOMENTUM, PROFITABILITY EXPECTED TO RECOVER IN H2 REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] [EUR MN] [EUR MN] +76.9% -10.5% -80.4% 75.4 10.2 89.0 67.6 +7.2% 50.3 35.7 -72.2% +17.2% 33.3 3.6 30.0 25.5 2.0 1.0 Q2 2025 Q2 2026 H1 2025 H1 202
Slide 9: Segment: Metrology
SEGMENT: METROLOGY CONTINUED GROWTH IN REVENUE AND ORDER INTAKE; STRATEGIC INVESTMENTS TEMPORARILY WEIGHING ON PROFITABILITY REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] [EUR MN] [EUR MN] +83.3% +20% -33.3% 53.0 8.7 97.7 44.2 -32.1% +9% 5.8 5.3 30.0 53.3 27.5 +9.7% 3.6 35.1 32.0 Q2 2025 Q2 2
Slide 10: H1 2026 Actuals & FY 2026 Guidance
H1 2026 ACTUALS & FY 2026 GUIDANCE H1 2026 Actuals Q3 Outlook Revenue: EUR 120.5 m • Group revenue is expected to remain broadly stable quarter-over- quarter EBITDA: EUR 4.4 m (Margin: 3.6%) • A significant improvement in profitability is expected, with the EBITDA margin approaching double-digit lev
Slide 11: Strategy Update
STRATEGY UPDATE
Slide 12: Update on Organizational Development
UPDATE ON ORGANIZATIONAL DEVELOPMENT INCREASING SYNERGIES AND EFFICIENCY ACROSS THE GROUP Strengthening the optical metrology platform Increasing efficiency in Material Solutions • As part of our ongoing portfolio optimization, we are • We launched a comprehensive redesign of our operational consoli
Slide 13: Indium Phosphide Market and Opportunity
INDIUM PHOSPHIDE MARKET AND OPPORTUNITY AI IS FUELING DEMAND FOR INP SUBSTRATES / FURNACES Structural demand drivers Opportunity for PVA | 2027-2030 AI data centers Total furnace demand* Addressable by PVA* Pluggable optics drive InP demand today; co-packaged optics (CPO) add a second wave from ~202
Slide 14: R&D | Aluminum Nitride
R&D | ALUMINUM NITRIDE PVA PRIMARY PARTNER IN ALL MAJOR EUROPEAN ALUMINUM NITRIDE PROJECTS Why Aluminum Nitride matters • AlN is an ultra-wide bandgap semiconductor with high critical field strength, superior thermal conductivity and UV transparency — and thus considered the next material after SiC.
Slide 15: Q&A
Q&A
Slide 16: Appendix
APPENDIX
Slide 17: Financial Calendar
FINANCIAL CALENDAR UPCOMING CONFIRMED EVENTS AND PUBLICATIONS Date Occasion Location Category PVA representatives August 6, 2026 Earnings Call H1 2026 Wettenberg, GER PVA event MGMT IR Jefferies | Semiconductor, IT Hardware & Communications Technology August 25, 2026 Conference Chicago, USA Investor
Slide 18: Contact & Disclaimer
CONTACT & DISCLAIMER Sebastian Gonsior Head of Corporate Communications & Investor Relations +49 (641) 68690-419 sebastian.gonsior@pvatepla.com This presentation contains forward-looking statements which are based on certain assumptions, expectations and opinions of the management of PVA TePla (the