EANS-News: Pfeiffer Vacuum Technology AG
Pfeiffer Vacuum achieves full-year
profitability target for 2012
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Subtitle: Turnover at 461.3 million EBIT at 67.7 million significantly higher than previous year Incoming orders at 445.6 million annual result/Financial Figures/Balance Sheet Aßlar (euro adhoc) - February 19, 2013. Pfeiffer Vacuum announces its preliminary, unaudited results for fiscal 2012. The company's turnover decreased as anticipated by 11.2 percent to EUR 461.3 million (previous year: EUR 519.5 million). In contrast, operating profit rose by 9.6 percent to EUR 67.7 million (previous year: EUR 61.8 million). The resulting operating margin of 14.7 percent for 2012, therefore above the prior year's level (previous year: 11.9 percent). Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, states: "We have successfully implemented our plan to raise operating profit - despite declining turnover in a difficult market. I'm very proud of this achievement. The integration of adixen is progressing according to plan. We have interesting products in the pipeline which we plan to introduce at the "Hannover Messe" trade exhibition. These products will give a foretaste of the breadth of expertise the new Pfeiffer Vacuum is now able to offer." Orders received by Pfeiffer Vacuum for the fiscal year 2012 amounted to EUR 445.6 million (previous year: EUR 515.9 million). The book-to-bill ratio, which is the ratio of orders to sales, was at 0.97 in 2012 compared to 0.99 in 2011. The relatively low year-end level of order backlog of EUR 71.8 million in 2012 previous year: EUR 87.6 million) is the result of unusually weak business in December. Bender adds, "Business is currently very inconsistent. One month it's good, the next it slackens off. It is too early as yet to deliver a forecast for the current fiscal year 2013. One thing is certain however - we will need to focus intensely on further improving our already respectable profitability in the months ahead." The detailed audited earnings figures, the full balance sheet and the dividend payout proposal will be announced by the company on the day of the press conference on their financial statements scheduled for March 22, 2013. About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange Symbol PFV, ISIN DE0006916604) is one of the world's leading providers of vacuum solutions. In addition to a full range of hybrid and magnetically levitated turbopumps, the product portfolio comprises backing pumps, measurement and analysis devices, components as well as vacuum chambers and systems. Ever since the invention of the turbopump by Pfeiffer Vacuum, the company has stood for innovative solutions and high-tech products that are used in the markets Analytics, Industry, Research & Development, Coating and Semiconductor. Founded in 1890, Pfeiffer Vacuum is active throughout the world today. The company employs a workforce of some 2,300 people and has more than 20 subsidiaries. For more information, please visit www.pfeiffer-vacuum.com Further inquiry note: Brigitte Looß Leiterin Investor Relations Tel.: +49 (6441) 802-1346 E-Mail: Brigitte.Loos@pfeiffer-vacuum.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: Pfeiffer Vacuum Technology AG Berliner Str. 43 D-35614 Aßlar phone: +49(0)6441-802-0 FAX: +49 (6441) 802-1202 mail: info@pfeiffer-vacuum.de WWW: http://www.pfeiffer-vacuum.de sector: Machine Manufacturing ISIN: DE0006916604 indexes: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original-Content von: Pfeiffer Vacuum Technology AG, übermittelt durch news aktuell