PVA Tepla drops on 'disappointing' earnings guidance

Pva Tepla AG

19/03/2025 07:43

** Shares in PVA Tepla TPEG.DE drop 9.1% in early Frankfurt trade after the German industrial equipment maker gave a soft earnings guidance for 2025

** It expects annual EBITDA of 34-39 million euros ($37-42 million) vs LSEG consensus of 44 million euros, with a margin of only 17.7% vs 20.3% expected by analysts

** "Disappointing profitability should weigh on TPE shares today," a local trader says

** The stock is at the bottom of the German small-cap index .SDAXI

($1 = 0.9189 euros)

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))