Brief: PVA Tepla Q1 EBITDA Margin At 10.2%

Pva Tepla AG

05/05/2022 07:06

May 5 (Reuters) - PVA TEPLA AG  TPEG.DE :
    * START OF THE YEAR FOR PVA TEPLA WITH HIGH INCREASE IN
SALES AND
CONTINUED VERY STRONG ORDER INTAKE
    * QUARTERLY SALES ROSE 40 PERCENT TO 33 MILLION EUR
    * Q1 EBIT MARGIN INCREASED TO 6.9% (PREVIOUS YEAR: 5.5%)
    * Q1 SALES OF EUR 33 MILLION 40% ABOVE PRIOR-YEAR PERIOD
    * Q1 ORDER INTAKE MORE THAN DOUBLED TO EUR 61.4 MILLION
    * Q1 EBITDA MARGIN STABLE AT 10.2%
    * OUTLOOK 2022: EXECUTIVE BOARD CONFIRMS PREVIOUS STATEMENT
ON
BUSINESS DEVELOPMENT IN 2022

Source text for Eikon:  ID:nEQbWP3jxa 
Further company coverage:  TPEG.DE 

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