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Pfeiffer Vacuum Technology AG — Earnings Release 2019
Jul 19, 2019
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Earnings Release
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News Details
Ad-hoc | 19 July 2019 16:27
Pfeiffer Vacuum Technology AG: Guidance FY 2019 for Sales and EBIT-Margin specified
Pfeiffer Vacuum Technology AG / Key word(s): Change in Forecast/Quarter Results
Pfeiffer Vacuum Technology AG: Guidance FY 2019 for Sales and EBIT-Margin specified
19-Jul-2019 / 16:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad-hoc-Release
Disclosure of an inside information according to Article 17 MAR
Pfeiffer Vacuum Technology AG: Guidance FY 2019 for Sales and EBIT margin specified
Asslar, July 19, 2019 . Pfeiffer Vacuum Technology AG (“Pfeiffer Vacuum”) achieved sales of EUR 157.4 million in the second quarter 2019. EBIT reached EUR 14.7 million. In particular, EBIT was significantly lower compared to the previous year’s figure amounting to EUR 20.3 million. EBIT margin amounted to 9.3% in the second quarter 2019. A less favorable product and customer mix and continuing investments in further growth and profitability are burdening the result. Additionally, negative effects came from currency conversions in the second quarter. The significant increase of planned CAPEX will have further negative impact on the EBIT margin in the second half of the year. Order intake amounted to EUR 144.9 million in the second quarter. Improving dynamics in the customer markets are still anticipated for the second half of the year. The guidance for 2019 as a whole is specified to sales of EUR 640 to 660 million with an EBIT margin of 11% to 14%.
Pfeiffer Vacuum will publish its detailed financial results and the financial report for the first half year 2019 on August 6 in accordance with its Financial Calendar.
**Kontakt:
Pfeiffer Vacuum Technology AG**
Investor Relations
Dinah Reiss
T +49 6441 802 1346
F +49 6441 802 1365
19-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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 |
| Indices: | SDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 844219 |
| End of Announcement | DGAP News Service |