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Pfeiffer Vacuum Technology AG — Earnings Release 2013
Feb 21, 2014
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Earnings Release
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News Details
Corporate | 21 February 2014 07:23
Pfeiffer Vacuum Technology AG: Report of preliminary figures for FY 2013
Pfeiffer Vacuum Technology AG / Key word(s): Preliminary Results/Incoming Orders
21.02.2014 / 07:23
PRESS RELEASE
Pfeiffer Vacuum reports preliminary figures for FY 2013:
– Sales at EUR 408.7 million
– EBIT margin of 12.4 percent
– Incoming orders at EUR 398.0 million
Asslar, 21 February, 2014. Pfeiffer Vacuum announces first results for FY 2013. According to preliminary and unaudited numbers, FY 2013 sales amounted to EUR 408.7 million, a decrease of 11.4 percent compared to the previous year’s figure of EUR 461.3 million. EBIT decreased to EUR 50.5 million (previous year: EUR 68.5 million). This resulted in an EBIT margin of 12.4 percent for FY 2013.
Order intake for FY 2013 amounted to EUR 398.0 million (previous year: EUR 445.6 million). At 0.97 the book-to-bill ratio for FY 2013 remained at the same level as in FY 2012. Q4/2013 was characterized by various customers’ order postponements which led to an order intake figure of EUR 88.5 million (Q4/2012: EUR 97.4 million). As a result of this development, we reduced our FY 2013 sales guidance on 21 January, 2014. Year-end FY 2013 order backlog amounted to EUR 61.1 million (year-end FY 2012: EUR 71.8 million).
Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, comments: “The ever-increasing pace in our business means that the translation of orders to sales is taking place more and more rapidly – often within the same quarter. For this reason the order figures’ suitability as an indicator for our future performance is limited. We intend to increase sales and improve our EBIT margin in FY 2014. “
The complete audited results as well as the dividend proposal will be announced on the day of the financial press conference which is scheduled for March 20, 2014.
Contact
Pfeiffer Vacuum Technology AG
Investor Relations
Eerik Budarz
T +49 6441 802 1346
F +49 6441 802 1365
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, our product portfolio encompasses 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 globally active. The company employs a workforce of some 2,200 people and has more than 20 subsidiaries worldwide.
For more information, please visit www.pfeiffer-vacuum.com
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| Language: | English |
| Company: | Pfeiffer Vacuum Technology AG |
| Berliner Str. 43 | |
| 35614 Asslar | |
| Germany | |
| Phone: | +49 6441 802-0 |
| Fax: | +49 6441 802-1365 |
| E-mail: | [email protected] |
| Internet: | www.pfeiffer-vacuum.de |
| ISIN: | DE0006916604 |
| WKN: | 691660 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart |
| End of News | DGAP News-Service |
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