Pfeiffer Vacuum Technology AG — Earnings Release 2001

May 8, 2001

News Details

Ad-hoc | 8 May 2001 08:01

Ad hoc-Service: Pfeiffer Vacuum english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Sales up 5.9 % Strong growth in Germany – Stagnation in the U.S.A. After-tax income advances sharply by 46.5 % Asslar, Germany, May 8, 2001. Pfeiffer Vacuum, a leading manufacturer of high- quality vacuum pumps, vacuum gauges and complete vacuum systems, announces its results for the 1st quarter of 2001. Highlights at a glance: Q 1 / 2000 Q 1 / 2001 Change Sales Eur 44.1 million Eur 46.7 million + 5.9 % Operating profit (EBIT) Eur 6.8 million Eur 8.8 million + 29.8 % After-tax income Eur 3.9 million Eur 5.6 million + 46.5 % Earnings per share Eur 0.46 Eur 0.65 + 41.3 % New orders Eur 51.8 million Eur 47.1 million – 9.1 % Orders on hand Eur 30.8 million Eur 38.2 million + 24.0 % The 5.9-% rise in sales primarily resulted from sales growth of 43 % in Germany. Sales in the remainder of Europe declined by approximately 8 %, stagnated in the United States, but did advance by 7 % in Asia and the rest of the world. As expected, the economic slump in the United States and, in particular, the crisis in the semiconductor industry impacted the overall course of business. New orders were down 9.1 % during the first quarter of 2001 on a year-to-year comparison basis, while orders on hand rose by 24 %. Rigorous cost consciousness and greater rationalization efforts produced a significant improvement in operating profit over the very good 1st quarter of the year 2000. In addition, a lower tax ratio also had a positive impact on after-tax income. See our full press release including financial tables also in the internet under www.pfeiffer-vacuum.de – Investor Relations – press releases. end of ad hoc announcement (c) DGAP 08.05.2001 ——————————————————————————– WKN: 691660; Index: NEMAX 50 Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, München, Hamburg, Hannover und Stuttgart 080801 Mai 01