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BRIEF-PVA Tepla Q1 consolidated net income at EUR 0.8 million
May 12, 2017 / 5:55 AM / 4 months ago

BRIEF-PVA Tepla Q1 consolidated net income at EUR 0.8 million

May 12 (Reuters) - PVA TEPLA AG

* Q1 CONSOLIDATED NET INCOME FOR PERIOD TOTALED +EUR 0.8 MILLION (PREVIOUS YEAR: -EUR 1.2 MILLION)

* SALES REVE-NUES OF EUR 23.3 MILLION IN FIRST THREE MONTHS OF 2017, UP 37% ON SAME PERIOD OF PREVIOUS YEAR (EUR 17.0 MILLION)

* IN Q1, EBIT WAS POSITIVE AGAIN FOR FIRST TIME IN FIVE YEARS AND AMOUNTED TO +EUR 0.6 MILLION (PREVIOUS YEAR: -EUR 0.7 MILLION)

* Q1 INCOMING ORDERS FOR PVA TEPLA GROUP AMOUNTED TO EUR 21.0 MILLION AND WERE HIGHER THAN PREVIOUS YEAR‘S LEVEL (EUR 17.9 MILLION)

* COMPANY CONTINUES TO ANTICIPATE CONSOLIDATED SALES REVENUES OF EUR 85 MILLION AND AN EBITDA MARGIN OF 6% FOR FISCAL YEAR 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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