PVA TePla publishes 2021 financial results, sees record order intake

March 29, 2022

PVA TePla AG, headquartered in Wettenberg, Germany, a systems manufacturer and equipment supplier for the semiconductor industry and for high-tech materials, has published its annual report for 2021. The group states that consolidated sales revenue grew by 13.6% from €137 million in 2020 to €155.7 million. The operating result before depreciation and amortisation (EBITDA) rose slightly to €23 million (previous year: €22.7 million). This means the group’s forecast of sales between €140-150 million and earnings (EBITDA) between €18-20 million, which was published in March 2021, was significantly exceeded.

Sales in the Semiconductor Systems division increased by a further 29% to €117.8 million in the fiscal year 2021 (previous year: €91.4 million). The main growth drivers were sales of crystal growing systems for the semiconductor wafer industry and metrology systems. The Industrial Systems Division achieved sales of €37.9 million (previous year: €45.6 million). Brazing systems for the electrical industry, process systems for vacuum sintering of hard metals, diffusion brazing systems for complex, high-purity workpieces such as heat exchangers accounted for the majority of system sales.

PVA TePla reports that it achieved its highest order intake in the group’s history, reaching €312.5 million, a threefold increase compared with 2021. High order intake was achieved in all three product lines – Crystal Growing, Metrology and Advanced Materials. At the end of 2021, the order backlog amounted to €283.3 million and has a range into the year 2025.

For the future outlook, the high level of investment in the semiconductor industry is expected to continue and the PVA TePla Group states that it will benefit from this in many ways due to its broad technology portfolio. For the fiscal year 2022, sales revenues in the range of €170-180 million and EBITDA between €25 and €27 million are expected, again a significant increase compared to 2020. The group’s medium-term target is to achieve consolidated sales revenues of €250 million with an EBIT margin of 15% in the fiscal year 2024.

“We continue to expect significant growth in the semiconductor industry,” commented Manfred Bender, CEO. “The Advanced Materials business with its vacuum and high-temperature process equipment is also benefiting from investments in the semiconductor industry and also in renewable energies, one challenge in the current fiscal year will certainly be the possible effects of supply bottlenecks. We are working at full speed to keep these as low as possible. In this respect, the PVA TePla Group benefits from its business model of having long-term orders at our disposal, so that we can place our orders with our suppliers at an early stage.”


In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link