Brief: PVA Tepla 9-Month Revenue Up 14% To EUR 131 Mln

Pva Tepla AG

03/11/2022 07:06

Nov 3 (Reuters) - Pva Tepla Ag  TPEG.DE :
    * PVA TEPLA  REMAINS ON TRACK FOR GROWTH IN Q3 AND CONFIRMS
GUIDANCE
    * NINE MONTHS REVENUE ROSE 14 PERCENT TO 131.0 MILLION EUR
    * NINE-MONTH SALES REVENUES UP AROUND 14% AT EUR 131.0
MILLION
    * ORDER BACKLOG INCREASES BY 34% TO EUR 343.9 MILLION
    * EBITDA MARGIN AFTER NINE MONTHS OF 12.6% (PREVIOUS YEAR:
14.1%)
    * FULL TAKEOVER OF MPA INDUSTRIE SA PLANNED
    * GUIDANCE FOR FULL YEAR 2022 AS A WHOLE CONFIRMED
    * FULL-YEAR GUIDANCE CONFIRMED
    * DESPITE INCREASED GEOPOLITICAL AND ECONOMIC RISKS,
MANAGEMENT
BOARD IS CONFIRMING GROWTH FORECAST FOR 2022 AS A WHOLE WITH
SALES REVENUES IN RANGE OF EUR 170 MILLION AND EUR 180 MILLION
AND AN EBITDA BETWEEN EUR 25 MILLION AND EUR 27 MILLION
    * OPERATING RESULT (EBIT) AMOUNTED TO EUR 13.1 MILLION AS
AGAINST
EUR 12.7 MILLION IN SAME PERIOD OF PREVIOUS YEAR AND EBIT MARGIN
CAME TO 10% COMPARED TO 11%
    * REVENUE CLIMBED BY 13.6% YEAR ON YEAR IN FIRST NINE MONTHS
OF
2022 TO EUR 131.0 MILLION

Source text for Eikon:  ID:nEQ9NjVma 
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