PVA TePla AG (TPE.DE), a supplier of high-tech equipment and processes, Tuesday announced its medium-term growth targets and provided a strategic outlook.
Backed by investments in technology and infrastructure, the company expects revenue of around 500 million euros by the end of 2028.
Meanwhile, its long-term goal is to achieve an EBITDA margin of 20 to 25 percent and a gross margin of 38 to 43 percent.
PVA's stock closed at 25.58 euros, down 5.33 percent on the London Stock Exchange.
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