Brief: PVA Tepla H1 EBIT 18.2 Mln

Pva Tepla AG

14/08/2024 07:04

Aug 14 (Reuters) - PVA TEPLA AG  TPEG.DE :
    * H1 INDUSTRIAL SYSTEMS' OPERATING RESULT INCREASED SLIGHTLY
TO
EUR 4.2 MILLION
    * SALES INCREASE TO EUR 135.3 MILLION IN THE FIRST HALF OF
2024
    * EBITDA MARGIN IMPROVES SIGNIFICANTLY TO 16.2% (H1 2023:
13.8%)
    * ORDER SITUATION EXPECTED TO PICK UP IN THE SECOND HALF OF
2024;
FORECAST CONFIRMED
    * THE INDUSTRIAL SYSTEMS SEGMENT RECORDED SALES GROWTH OF
AROUND
10% TO EUR 40.6 MILLION (H1 2023: EUR 37 MILLION). THE OPERATING
RESULT INCREASED SLIGHTLY TO EUR 4.2 MILLION (H1 2023: EUR 4.0
MILLION)
    * H1 EBIT 18.2 MILLION
    * H1 OPERATING CASH FLOW EUR 11.1 MILLION

Further company coverage:  TPEG.DE 

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