Pfeiffer Vacuum Technology AG — Earnings Release 2001

Aug 7, 2001

News Details

Ad-hoc | 7 August 2001 08:01

Pfeiffer Vacuum english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Pfeiffer Vacuum, a leading manufacturer of high-quality vacuum pumps, vacuum gauges and complete vacuum systems, announces its results for the 1st half of 2001. Highlights at a glance: 1st half year 2000 1st half year 2001 Change Sales EUR 88.8 Mio. EUR 89.9 Mio. + 1.2 % Operating profit (EBIT) EUR 15.6 Mio. EUR 16.4 Mio. + 5.0 % After-tax income EUR 8.0 Mio. EUR 10.5 Mio. + 30.7 % Earnings per share EUR 0.95 EUR 1.22 + 28.4 % New orders EUR 93.4 Mio. EUR 86.7 Mio. – 7.3 % Orders on hand EUR 28.1 Mio. EUR 34.2 Mio. + 21.7 % It proves to be the Company’s strength to have a well-balanced mix of products, market segments and regions, and not being dependent upon cyclic segments like the semiconductor industry. The Company was able to offset sluggish sales in the semiconductor segment through stronger sales in the analytical industry as well as in flat glass and optical coatings. The goal of growing our earnings at a faster pace than sales was achieved. Regionally, the 5 percentage-point decline in sales in the United States (from 34 % during the first half of 2000 to 29 % during the first half of 2001) was able to be more than offset through growth in Germany (+ 7 percentage points, from 20 % to 27 %). In Germany, a number of major orders were shipped for turbomolecular pumps, dry backing pumps and vacuum gauges for use with flat glass coating systems, decorative deposition and industrial research facilities. New orders for helium leak detection systems for checking fuel tanks for hydrocarbon emissions also developed on a positive note. At today’s financial press and analyst conference, which is being held for the first time at the corporate group’s headquarters and sole production location in Asslar, Wolfgang Dondorf and Chief Financial Officer Wilfried Glaum will be detailing the company’s business prospects and strategy. Detailed press release including financial tables on the internet under www.pfeiffer-vacuum.de. end of ad hoc announcement (c) DGAP 07.08.2001 ——————————————————————————– WKN: 691660; Index: NEMAX 50 Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, München, Hamburg, Hannover und Stuttgart 070801 Aug 01