WETTENBERG (dpa-AFX) - PVA Tepla is becoming somewhat more optimistic for the current year. The specialist for semiconductor and vacuum technologies now expects sales and earnings to be at the upper end of the forecast ranges issued, as it announced on Thursday when presenting its nine-month figures in Wettenberg. PVA Tepla has so far budgeted for 2023 earnings of 240 million to 260 million euros and earnings before interest, taxes, depreciation and amortization (Ebitda) of 36 million to 40 million euros.

In the first nine months, sales rose by 46 percent to 191.2 million euros. Both the Semiconductor and Industrial divisions contributed to this growth. Ebitda improved to 29.1 million euros, compared to 16.5 million euros in the same period last year. After taxes, PVA Tepla was able to slightly more than double its profit to 16.7 million euros./nas/mis