PVA Tepla : 2025 set to be a transition year ahead of a recovery further out
>Outperform rating and € 20 target price maintained - Based on the group’s Q3 2024 results, we maintain our Outperform rating and target price of € 20. PVA Tepla continues to face demand weakness, particularly in its ‘Material Solutions’ business, where lacklustre trends in the wafer market continue to take a toll. On this basis, it now expects 2024 revenues and EBITDA to come in at the lower end of the range. The group, while it did not give precise guidance, expect...PVA Tepla AG. PVA TePla AG is a Germany-based company that provides vacuum solutions for high temperature and plasma treatment processes, as well as plant engineering solutions. The Company operates through two segments: Industrial Systems and Semiconductor Systems. The Industrials Systems segment specializes in the development, construction and marketing of vacuum heat treatment furnaces for processing materials at high temperatures. The Semiconductor Systems segment provides systems for the semiconductor and solar industry ranging from systems for the production of silicon crystals for the semiconductor, solar and opto-electronic industry to systems for plasma treatment in the semiconductor assembly, as well as systems for non-destructive, ultrasonic quality inspection of materials. The Company operates through subsidiaries in Europe, Asia and North America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.