PVA TePla Sees Surge in Orders, Despite Q3 Sales Drop

PVA TePla, a high-tech equipment specialist, reported a 110% surge in new orders for Q3, reaching nearly €73 million, driven by demand for measuring and crystal growing equipment. However, sales fell by 11% to €56 million due to project delays and uncertain trade policies, leading to a 64% drop in EBITDA to €4 million. Despite these challenges, the company confirmed its full-year outlook for next year, expecting sales between €235-255 million and EBITDA between €25-30 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.