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Sparks commentary - PVA TePla

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Sparks - PVA TePla

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PVA TePLa (XET: TPE) reports final FY24 results
Published by Edwin De Jong

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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