PVA TePla (PVA) reported its final FY24 numbers, which were in line with the preliminary numbers reported on 12 February (revenues of €270.1m and EBITDA of €47.8m). For FY25, PVA TePla expects revenues of €260–280m and an EBITDA of €34–39m, with a somewhat higher gross margin, offset by higher opex to expand its service and sales organisations across the world. Order intake was €150.6m, with a strong order intake in Q4. The vast majority of the order book of €155.6m will be executed in FY25, which covers well over half of expected revenues. For FY26, PVA TePla expects growth again and the FY28 target of revenues of around €500m was also reiterated.
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