Summary of PVA TePla Capital Markets Day - September 02, 2025 Company Overview - **Company**: PVA TePla (TPE) - **Event**: 2025 Capital Markets Day - **Location**: London - **Key Speakers**: CEO Jalin Ketter, CFO Karl Markus Gross, Vice Presidents including Dr. Jan Pfeiffer, Dr. Peter Zurates, and Dr. Oude Boyd Core Industry Focus - **Primary Industry**: Semiconductor - **Other Industries**: Energy, Aerospace, Automotive Key Points and Arguments Strategic Transformation - PVA TePla is undergoing a transformation focusing on two main product lines: Material Solutions and Metrology [8][10] - The company has shifted from a reactive to an active sales and service approach, enhancing customer engagement, especially in the semiconductor industry [9][10] Market Focus - The semiconductor market constitutes 60% to 70% of PVA TePla's activities, with significant growth potential in the Metrology business [10][11] - Other markets of interest include: - **Energy Market**: Growth driven by energy transition and renewables [11][12] - **Aerospace Market**: Early-stage opportunities with existing customers [12] - **Automotive Industry**: Long-term interest, focusing on metrology solutions [13] Product Portfolio - **Metrology Technologies**: - Acoustic technology for non-destructive testing in semiconductor production [14] - Optical technology for surface inspection [14] - Chemical technology for contamination detection [14] - **Material Solutions**: - Focus on synthesis technology, joining technology, refining technology, and surface treatment [15][16] Strategic Goals - The strategy is built on four cornerstones: 1. **Segment Growth**: Increase market share and improve margins [17] 2. **Regional Focus**: Tailored approaches for Europe, Asia, and North America [18] 3. **Strategic Investments**: Focus on R&D, M&A, and partnerships [19] 4. **Innovation**: Continuous development of new technologies [19] Recent Developments - Acquisition of Descompro Engineering to enhance clean room capacity for semiconductor production [23] - Collaboration with Stantec Instruments to expand optical technology portfolio [24] - Entry into X-ray technology for semiconductor applications [26] Financial Outlook - PVA TePla aims to achieve EUR 500 million in sales by leveraging its technology and market strategies [67] R&D Focus - R&D is crucial for evolving into a solution provider, emphasizing partnerships and faster time-to-market for new technologies [39][40] - Ongoing projects include aluminum nitride and silicon carbide developments, with a focus on commercialization [44][56] Market Growth Projections - The metrology market is expected to grow at 6% from 2025 to 2031, with acoustic microscopy projected to grow at 9% [81] - PVA TePla aims to increase its market share in acoustic microscopy from 22% to 40% within two years [82] Conclusion - PVA TePla is strategically positioned to capitalize on growth opportunities in the semiconductor and other markets through innovation, strategic partnerships, and a robust product portfolio [66][67]