FRANKFURT (dpa-AFX) - The jump in PVA Te pla's share price in early trading after the figures was just a flash in the pan. The technology company's shares quickly reversed their gains, which had not been enough to reach the high for the year of 23.66 euros reached at the beginning of March. In the afternoon, they were the weakest stock in the SDax, losing 4.6 percent to 20.32 euros, falling to their lowest level since the end of January.

The company, which specializes in vacuum technology and measurement technology and also supplies the semiconductor and photovoltaic industries, earned slightly more after tax last year than in the previous year. Thanks to stronger business with customers from the semiconductor industry, PVA Tepla performed solidly in the fourth quarter and slightly exceeded its estimates overall, wrote analyst Constantin Hesse from Jefferies in a study.

However, there will once again be no dividend. PVA Tepla last paid a dividend in 2013 /ajx/jha/.