Germany's PVA TePla Q1 revenue falls 7%, order intake jumps 164%

Pva Tepla AG

07/05/2026 06:03

Overview

Germany materials and metrology firm's Q1 revenue fell 7% yr/yr to EUR 54.9 mln

Q1 EBITDA dropped to EUR 1.4 mln, reflecting lower capacity utilization and restructuring costs

Order intake surged 164% to EUR 121.6 mln, co reaffirmed 2026 guidance

Outlook

PVA TePla reaffirms 2026 revenue guidance of EUR 255 mln to EUR 275 mln

Company maintains 2026 EBITDA guidance at EUR 26 mln to EUR 31 mln

Company expects capacity utilization to rise gradually during the yr

Result Drivers

LOWER CAPACITY UTILIZATION - Revenue and earnings were impacted by low capacity utilization, which the company expects to improve over the year

RESTRUCTURING AND INVESTMENTS - Earnings were affected by investments in infrastructure, processes, and organization, as well as one-time restructuring expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
EUR 54.90 mln
EUR 63.50 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for PVA TePla AG is €35.00, about 7.7% below its May 6 closing price of €37.90

The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 28 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)