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Pfeiffer Vacuum Technology AG — Earnings Release 2014
Feb 20, 2015
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Earnings Release
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News Details
Corporate | 20 February 2015 07:30
Pfeiffer Vacuum Technology AG: Announcement of preliminary figures for FY 2014
Pfeiffer Vacuum Technology AG / Key word(s): Preliminary Results
2015-02-20 / 07:30
PRESS RELEASE
Pfeiffer Vacuum reports preliminary figures for FY 2014:
– Sales at EUR 406.6 million
– EBIT amounts to EUR 44.7 million
– Incoming orders at EUR 404.9 million
Asslar, February 20, 2015. Pfeiffer Vacuum announces first results for FY 2014. According to preliminary and unaudited numbers, FY 2014 sales amounted to EUR 406.6 million, a decrease of 0.5 percent compared to the previous year’s figure of EUR 408.7 million. EBIT amounted to EUR 44.7 million (prior year: EUR 50.5 million). This resulted in an EBIT margin of 11.0 percent for FY 2014.
Order intake for FY 2014 amounted to EUR 404.9 million (prior year: EUR 398.0 million). This resulted in a book-to-bill ratio of 1.00 for FY 2014 (prior year: 0.97). Order intake increased 24 percent in the fourth quarter to EUR 109.7 million (Q4/2013: EUR 88.5 million). Year-end FY 2014 order backlog amounted to EUR 59.3 million (year-end FY 2013: EUR 61.1 million).
Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, comments: “Order intake in the fourth quarter was more than ten million euros higher than in the previous quarters. This development, including orders received in the first few weeks of FY 2015, points towards the year having started off positively. For this reason as well as our strong balance sheet and the improved operating cash flow, we prefer to keep the dividend payment stable for FY 2014 despite slightly lower net earnings. As a result, management and the supervisory board intend to propose a dividend of EUR 2.65 / share at the AGM in May.”
The complete audited results will be announced on the day of the financial press conference which is scheduled for March 26, 2015.
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, the 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 today. The company employs a workforce of some 2,250 people and has more than 20 subsidiaries.
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: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart |
| End of News | DGAP News-Service |
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| 325243 2015-02-20 |