Ad-hoc | 27 March 2001 07:31
Ad hoc-Service: Pfeiffer Vacuum
english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Pfeiffer Vacuum Technology AG reports record-breaking earnings. Net income for
the year 43.1 % more than last year. Earnings per share EUR 2.24. Higher
dividend. The leading producer of high-quality vacuum pumps, measuring
instruments and complete vacuum systems, announces its full earnings for 2000.
Highlights at a glance:
1999 2000 Rise
Sales EUR 153.5 million EUR 184.7 million + 20.3 %
Orders received EUR 147.8 million EUR 196.8 million + 33.2 %
Operating profit (EBIT) EUR 22.9 million EUR 35.5 million + 54.8 %
Net income for the year EUR 13.3 million EUR 19.1 million + 43.1 %
Earnings per share EUR 1.54 EUR 2.24 + 45.5 %
The favorable trend of the first nine months continued in the fourth quarter.
Pfeiffer Vacuum’s most important products, turbomolecular pumps, made a decisive
contribution to the successful business results. Consistent cost management and
a shift in product mix to items with more productive margins yielded a
disproportionally higher result compared with 1999. The profit to sales ratio
(before tax) rose from 15.5 % in 1999 to 18.4 % in 2000. On the basis of the
outstanding business results the company will propose to the General Meeting the
distribution of a gross dividend of EUR 0.72 per share / ADR(1999: EUR 0.56).
At today’s financial press conference and at the following analysts’ conference
in Frankfurt, President and CEO Wolfgang Dondorf will also present a forecast
for the current financial year. Once again it was possible to increase orders
received and turnover by two-digit percentages in the first two months of the
year.
For full today’s press release incl. financial tables see www.pfeiffer-
vacuum.de.
end of ad hoc announcement, (c) DGAP 27.03.2001
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WKN: 691660; Index: NEMAX 50
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
München, Hamburg, Hannover und Stuttgart
270731 Mär 01