PVA TePla AG concluded the 2025 fiscal year with a substantial increase in order intake, creating what management describes as a solid foundation for future business development despite a challenging market environment. Preliminary, unaudited figures show the Group generated revenue of approximately €244 million, down from €270.1 million the previous year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to around €25 million, a decrease from €47.8 million in 2024.
The company's order intake for the full year rose significantly to approximately €268 million, exceeding the previous year's figure of €150.6 million and surpassing annual revenue. This resulted in a book-to-bill ratio above 1, indicating growing demand for the company's solutions. Markus Groß, CFO of PVA TePla, attributed the 2025 revenue and earnings impact to project-related delays caused by trade policy uncertainties but noted that demand increased significantly during the year.
"For 2026, we expect steady progress in project realization," Groß stated. "At the same time, we are continuing to systematically focus our product portfolio on growth areas and increase our efficiency." The company is implementing structural measures that will continue to affect earnings in the short term but are intended to establish a foundation for sustainable profitability improvement.
CEO Jalin Ketter emphasized the significance of the strong order intake. "Our strong order intake in 2025 is a clear signal of the attractiveness of our product portfolio and the competitiveness of our technologies," Ketter said. The company reports continued high customer interest in its solutions, particularly in the metrology sector, which involves systems for inspecting materials and components.
Based on the current order situation, PVA TePla expects consolidated revenue of €255 million to €275 million for fiscal year 2026. EBITDA is projected to be in the range of €26 million to €31 million. Management anticipates a noticeable acceleration in business development beginning in 2027, with Group revenue expected to exceed €300 million that year. The company forecasts a return to significant double-digit growth rates that should continue in subsequent years.
PVA TePla remains committed to its strategic goal of increasing Group revenue to approximately €500 million in the medium term. The final audited figures for fiscal year 2025 and the annual report will be published on March 19, 2026, according to the company's announcement. The preliminary results suggest that while 2025 presented operational challenges, the substantial increase in orders positions the company for recovery and growth in the coming years as project processing normalizes and strategic focus areas gain traction.
