Ad-hoc Release

Disclosure of an inside information according to Article 17 MAR

Pfeiffer Vacuum Technology AG Announces Preliminary First Nine Months 2021 Results and Further Improved Outlook

Asslar, October 25, 2021. Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") achieved record preliminary results for the first nine months of 2021 and a new all-time-high backlog level.

Group sales for the first nine months 2021 increased by 26.7 percent to EUR 575.3 million (first nine months 2020: EUR 453.9 million), marking it the strongest nine months performance in Pfeiffer Vacuum's history. Throughout 2021, the sales development in the Semiconductor and Emerging Technology market segment was especially dynamic with sales of EUR 293.4 million and a growth of 35.7 percent. In addition, sales in the Analytics, Industry and R&D market segment grew considerably by 18.6 percent to EUR 281.9 million compared to the previous year (first nine months 2020: Semiconductor and Emerging Technology EUR 216.2 million; Analytics, Industry and R&D EUR 237.7 million).

The preliminary first nine months 2021 operating result (EBIT) amounted to EUR 74.0 million and increased by 107.3 percent compared to the previous year period (first nine months 2020: EUR 35.7 million). The EBIT margin was at 12.9 percent (first nine months 2020: 7.9 percent).

For the first nine months 2021, the order intake was EUR 690.8 million, a record level for Pfeiffer Vacuum, and an increase of 49.8 percent from the previous year (first nine months 2020: EUR 461.3 million). The increase is related to the strong demand in both market segments. The backlog at the end of September 2021 was at a new record level of EUR 238.8 million (December, 31 2020: EUR 123.3 million).

Based on the preliminary results for the first nine months 2021 and the record order backlog, Pfeiffer Vacuum again 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 730.0 million and EUR 750.0 million (up from EUR 710.0 million to EUR 730.0 million). The EBIT margin performance is expected to be between 12.0 and 13.0 percent, unchanged from the previous expectations, and significantly improve from the same period in 2020 (fiscal year 2020: sales EUR 618.7 million; EBIT margin 7.3 percent).

Pfeiffer Vacuum will announce detailed results for first nine months of 2021 on November 4, 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
[email protected]
www.pfeiffer-vacuum.com