diff --git a/cmk/gui/plugins/wato/inventory.py b/cmk/gui/plugins/wato/inventory.py
index 7efd0ea8fdd6d..39e8047f98bc3 100644
--- a/cmk/gui/plugins/wato/inventory.py
+++ b/cmk/gui/plugins/wato/inventory.py
@@ -133,7 +133,7 @@ def _valuespec_inv_exports_software_csv():
             ("filename",
              TextAscii(
                  title=_(
-                     "Export file to create, containing <tt>&ly;HOST&gt;</tt> for the hostname"),
+                     "Export file to create, containing <tt>&lt;HOST&gt;</tt> for the hostname"),
                  help=_(
                      "Please specify the path to the export file. The text <tt>&lt;HOST&gt;</tt> "
                      "will be replaced with the host name the inventory has been done for. "
diff --git a/locale/de/LC_MESSAGES/multisite.po b/locale/de/LC_MESSAGES/multisite.po
index dffb54c87fa8c..dd9e044300ddd 100644
--- a/locale/de/LC_MESSAGES/multisite.po
+++ b/locale/de/LC_MESSAGES/multisite.po
@@ -15085,7 +15085,7 @@ msgstr "Als PNG exportieren"
 msgid "Export data of views using the CSV export"
 msgstr "Daten von Ansichten mit dem CSV-Export exportieren"
 
-msgid "Export file to create, containing <tt>&ly;HOST&gt;</tt> for the hostname"
+msgid "Export file to create, containing <tt>&lt;HOST&gt;</tt> for the hostname"
 msgstr ""
 "Zu erzeugende Export-Datei, <tt>&lt;HOST&gt;</tt> steht dabei für den "
 "Hostnamen"