PVA TePla jumps as FY order intake more than triples

Pva Tepla AG

24/03/2022 09:12

** Shares in PVA TePla  TPEG.DE  hike 13% as the German
industrial equipment maker reports record order intake alongside
final FY results  urn:newsml:reuters.com:*:nASM0004WN
    ** FY order intake more than tripled year-on-year to 312.5
million euros, " the highest order intake in the company's
history," the company says
    ** "Momentum continues to be solid into '22, particularly in
metrology equipment," Jefferies notes, highlighting strong
EBITDA margins in Q4
    ** Stock tops German small-cap index  .SDAXI 

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))