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PVA TePla increases sales revenues by 75% in the first quarter, making an outstanding start to the new fiscal year

PVA TePla - A world market leader on course for growth

PVA TePla AG invests in two new production halls on the company premises in Wettenberg in 2023.

PVA TePla shows strong growth in all business areas

• Sale of the remaining share package amounting to around 14 percent of the company's shares

Sales and earnings forecast for fiscal year 2022 significantly exceeded

PVA TePla AG (ISIN DE0007461006), Wettenberg, Germany, increased its consolidated sales revenue by 32% to EUR 205 million in the past fiscal year 2022, thus significantly exceeding the forecast (EUR 170 - 180 million).

• CFO Jalin Ketter takes over the position of Speaker of the Management Board as of 1 July 2023

• CEO Manfred Bender leaves the company for personal reasons as of 30 June 2023