21.05.2015
Pfeiffer Vacuum Technology AG DE0006916604
DGAP-News: Pfeiffer Vacuum Technology AG: Harmonious AGM in Wetzlar
DGAP-News: Pfeiffer Vacuum Technology AG / Key word(s): AGM/EGM
Pfeiffer Vacuum Technology AG: Harmonious AGM in Wetzlar
21.05.2015 / 17:15
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PRESS RELEASE
Harmonious Annual General Meeting of Pfeiffer Vacuum in Wetzlar
- Vast majority of voting shareholders approve all agenda items
- Dividend for 2014 to amount to EUR 2.65 per share
- Outlook concretized
Asslar, May 21, 2015. 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 55.29 percent of the voting rights. Some
300 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 22. This
corresponds to a total amount of EUR 26,149,296.35.
In his speech, Manfred Bender, CEO of Pfeiffer Vacuum, commented on the
business development in the past year. "We are optimistic that the positive
trend that began at the end of last year will continue, so that we will be
able to generate sufficient liquidity in the current year as well. Larger
investments in form of acquisitions are presently not planned."
As already disclosed, FY 2014 sales of EUR 406.6 million had been slightly
below the preceding year's level.
Bender, however, is optimistic: "We saw a significant upswing of sales in
the 4th quarter. That was later than we had expected at the beginning of
the year. Projects with our customers in the Semiconductor industry but
also in Coating were postponed and continue to be pushed back. There is
good news to report from the Analytics market segment. On the one hand, we
have been able to win back an important customer who had once counted to
our largest clients - until it suddenly had its own vacuum business as the
result of an acquisition. On the other hand, we have also been able to win
completely new customers in this field. Today, it is safe to say that
practically all renowned producers of analytical equipment are on our
customer list. Business with our Semiconductor customers also significantly
increased in the 4th quarter - but not as powerfully as in the previous
year. It is important, however, to observe that the increase in Q4/2014
stemmed from a broad base while the prior year had mainly benefitted from a
single large project."
More interesting to the shareholders is likely to be the CEO's outlook on
the current fiscal year. Bender states: "Based on the very good order
intake in the first quarter, as well as our knowledge of customers' project
plans, and continuous strong demand from the Analytics and Semiconductor
industry, we expect FY 2015 sales within a range of EUR 430 - 450 million
and a noticeable increase in operating profit and of the EBIT margin
compared to the prior year."
Order intake in the 1st quarter of 2015 amounted to EUR 120.3 million.
Detailed information relating to the results of the voting is available at
www.pfeiffer-vacuum.com/agm
Contact
Pfeiffer Vacuum Technology AG
Investor Relations
Eerik Budarz
T +49 6441 802 1346
F +49 6441 802 1365
[email protected]
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.group.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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360769 21.05.2015
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