DGAP-News: PVA TePla AG
/ Key word(s): Quarterly / Interim Statement
Start of the year for PVA TePla with high increase in sales and continued very strong order intake
- Order intake more than doubled to EUR 61.4 million
- Sales of EUR 33 million 40% above prior-year period
- EBITDA margin stable at 10.2%
- EBIT margin increased to 6.9% (previous year: 5.5%)
Order intake and order backlog
At EUR 61.4 million, order intake in the first quarter of 2022 is around 140% higher than in the same period of the previous year (EUR 25.5 million). In both business units - Semiconductor and Industrial Systems - customer orders more than doubled. Both business units benefited from strong demand for process equipment for the manufacture of high-tech materials and complex components. Of particular note is a volume order received in the first quarter to supply equipment for the production of silicon carbide (SiC) crystals. SiC is of strategic importance for many industrial applications in the field of power electronics.
At EUR 311.1 million, the order backlog has reached a new record level and forms a strong basis for achieving our medium-term targets.
Sales and earnings
Dr. Gert Fisahn
05.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||PVA TePla AG|
|Im Westpark 10-12|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1343647|
|End of News||DGAP News Service|