PVA TePla (ETR:TPE) Second Quarter 2024 Results

Key Financial Results

• Revenue: €73.9m (up 8.3% from 2Q 2023).

• Net income: €7.51m (up 36% from 2Q 2023).

• Profit margin: 10% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue.

• EPS: €0.35 (up from €0.25 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PVA TePla Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 35%.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.

Performance of the German Semiconductor industry.

The company's shares are up 12% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on PVA TePla's balance sheet health.

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