DGAP-News: Pfeiffer Vacuum Technology AG / Key word(s): AGM/EGM Pfeiffer Vacuum Technology AG: Harmonious AGM in Wetzlar 22.05.2014 / 17:49 --------------------------------------------------------------------- PRESS RELEASE Harmonious Annual General Meeting at Pfeiffer Vacuum in Wetzlar - Vast majority of voting shareholders approve all agenda items - Dividend for 2013 to amount to EUR 2.65 per share - Outlook concretized Asslar, May 22, 2014. Today the Annual General Meeting of Pfeiffer Vacuum Technology AG took place in the town hall of Wetzlar, Germany. The meeting's attendance amounted to 54.31 percent of the voting rights. Some 240 guests attended the event and were guided through the agenda by Dr. Michael Oltmanns, the Chairman of the Supervisory Board. The vast majority of represented shareholders approved all agenda items voted on. As a result, a dividend of EUR 2.65 per share will be paid out on May 23. This corresponds to a total amount of EUR 26,149,296.35. In his speech, Manfred Bender, CEO of Pfeiffer Vacuum, commented on the repeated sales decline in 2013 which had been expected on account of the cyclical semiconductor market and the barely existing solar market. Bender also emphasized the fact that the company's sales had in no way decoupled from long-term benchmarks such as order intake registered by VDMA (the German engineering association) whose development tends to practically move in a parallel fashion. Bender affirmed his conviction that the purchase of adixen had been the right decision. He justified this with the fact that the semiconductor market is mainly supplied by products from the French entity. Despite this largest vacuum market's cyclicality it remains a business area he cannot and will not do without. New joint products are successful. Sales with leak detectors, for example, were up 14 percent in 2013 - a trend which has persisted into 2014. Concerning the outlook for FY 2014 the CEO re-emphasized that a precise outlook remains difficult due to mentioned cyclicality. Sales are expected to increase significantly in the second half of the year. Management expects FY 2014 sales within a range of 410 - 440 million euros. This is expected to coincide with an improvement of the EBIT margin. "The sentiment within our most important end markets has been increasingly improving, some interesting orders are firmly scheduled, other promising projects are regularly being inquired on", Bender explains. "We see significant growth potential especially within the semiconductor market, coating for displays, and even in the reviving solar industry. We see great opportunity in these areas especially through the innovations we have already introduced, or still will introduce, in this year." Detailed information relating to the results of the voting is available at www.pfeiffer-vacuum.de/shareholders_meeting. Contact: Pfeiffer Vacuum Technology AG Investor Relations Eerik K.D. Budarz T +49 6441 802 1346 F +49 6441 802 1365 [email protected] www.pfeiffer-vacuum.com About the Company 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 2,200 people and has more than 20 subsidiaries. For more information, please visit www.pfeiffer-vacuum.com End of Corporate News --------------------------------------------------------------------- 22.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and 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 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 270138 22.05.2014