PFEIFFER VACUUM TECHNOLOGY AG (FRA:PFV) Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Preliminary First Half 2021 Results and Further Improved Outlook

Transparency directive : regulatory news

21/07/2021 15:09

DGAP-Ad-hoc: Pfeiffer Vacuum Technology AG / Key word(s): Half Year Results/Change in Forecast
Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Preliminary First Half 2021 Results and Further Improved Outlook

21-Jul-2021 / 15:09 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 Announces Preliminary First Half 2021 Results and Further Improved Outlook

Asslar, July 21, 2021.
Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") achieved preliminary results for the first half 2021 showing significant improvement compared to the same period of the previous year. After having reported record sales for the first quarter 2021, the second quarter 2021 sales further increased from the previous quarter.

Sales for the first half 2021 increased by 29.6 percent to EUR 391.2 million (first half 2020: EUR 301.9 million), marking it the strongest half-year performance in Pfeiffer Vacuum's history. Especially the sales development in the Semiconductor and Emerging Technology market segment was dynamic with sales of EUR 206.6 million and a growth of 40.7 percent in addition to considerable sales growth in the Analytics, Industry and R&D market segment of 19.1 percent to EUR 184.5 million compared to the previous year (first half 2020: Semiconductor and Emerging Technology EUR 146.9 million; Analytics, Industry and R&D EUR 155.0 million).

The preliminary first half 2021 operating result (EBIT) amounted to EUR 48.1 million and increased by 146.1 percent compared to the previous year period (first half 2020: EUR 19.5 million). The EBIT margin was at 12.3 percent (first half 2020: 6.5 percent).

For the first half 2021, the order intake was EUR 451.6 million, a record level for Pfeiffer Vacuum, and an increase of 42.6 percent from the previous year (first half 2020: EUR 316.6 million). The increase is related to the strong demand in both market segments.

Based on the preliminary results for the first half 2021 and the record order intake, Pfeiffer Vacuum improves its outlook and expects a more positive development compared to previously announced expectations. Pfeiffer Vacuum now anticipates that in the fiscal year 2021, sales will be in a range between EUR 710.0 million and EUR 730.0 million. The EBIT margin performance will significantly improve from the same period in 2020 and is expected to be between 12.0 and 13.0 percent (fiscal year 2020: sales EUR 618.7 million; EBIT margin 7.3 percent).

Pfeiffer Vacuum will announce detailed results for first half 2021 on August 3, 2021.

 


Contact:
Heide Erickson
Pfeiffer Vacuum Technology AG
Berliner Strasse 43
35614 Asslar
T +49 6441 802-1360
M +49 162 2022573
F +49 6441 802-1365
heide.erickson@pfeiffer-vacuum.de
www.pfeiffer-vacuum.com

21-Jul-2021 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: info@pfeiffer-vacuum.de
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: 1220691

 
End of Announcement DGAP News Service

1220691  21-Jul-2021 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1220691&application_name=news&site_id=symex


Other stories

02/08/2021 19:07
02/08/2021 18:18
02/08/2021 13:15
02/08/2021 18:16
02/08/2021 15:58
02/08/2021 10:28
02/08/2021 18:15
02/08/2021 15:56
02/08/2021 16:37
02/08/2021 15:49
02/08/2021 14:56
02/08/2021 18:13
02/08/2021 16:17
02/08/2021 15:20
02/08/2021 16:57
02/08/2021 15:34
02/08/2021 11:46
02/08/2021 16:22
02/08/2021 18:12
02/08/2021 12:54
02/08/2021 07:00
02/08/2021 13:46
02/08/2021 13:57
02/08/2021 16:18
02/08/2021 16:40
02/08/2021 17:26
02/08/2021 19:15
02/08/2021 18:25
02/08/2021 16:55
02/08/2021 17:55
01/08/2021 23:15
02/08/2021 09:26
02/08/2021 12:25
02/08/2021 17:00
02/08/2021 11:14
01/08/2021 20:23
01/08/2021 14:59
02/08/2021 06:00