DGAP-News: Pfeiffer Vacuum Technology AG / Key word(s): Final Results Pfeiffer Vacuum Technology AG: Announcement of final results for FY 2015 23.03.2016 / 07:30 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PRESS RELEASE Pfeiffer Vacuum to invest in further growth after a strong FY 2015 - Total sales of EUR 451.5 million - EBIT margin at 13.5 percent - Dividend proposal of EUR 3.20 - 18-20 million euros investments planned in FY 2016 Asslar, Germany, March 23, 2016. Total sales for FY 2015, which had been preliminarily announced and have meanwhile been audited, amounted to EUR 451.5 million. This represents an increase of 11.0 percent (previous year: EUR 406.6 million). Operating profit (EBIT) grew 35.8 percent and amounted to EUR 60.8 million (previous year: EUR 44.7 million). As a result, the operating profit margin (EBIT margin) for FY 2015 amounted to 13.5 percent and, thus, was 2.5 percentage points higher than the previous year's figure of 11.0 percent. The Management and Supervisory Boards propose a dividend of EUR 3.20 per share (previous year: EUR 2.65). The payout ratio therefore would amount to around 75 percent of consolidated net income. Key figures at a glance:

                          FY 2015         FY 2014            Change
Sales                     EUR 451.5m      EUR 406.6m         +11.0%
Operating profit (EBIT)   EUR 60.8m       EUR 44.7m          +35.8%
Net income                EUR 42.9m       EUR 32.4m          +29.3%
EPS                       EUR 4.25        EUR 3.29           +29.2%
Dividend per share        EUR 3.20*       EUR 2.65           +20.8%
Order intake              EUR 456.9m      EUR 404.9m         +12.8%
Order backlog             EUR 64.7m       EUR 59.3m           +9.1%

* Subject to the approval of the Annual General Meeting. Order intake for FY 2015 amounted to EUR 456.9 million (prior year: EUR 404.9 million). This resulted in a book-to-bill ratio of 1.01 for FY 2015 (prior year: 1.00). Year-end FY 2015 order backlog amounted to EUR 64.7 million (year-end FY 2014: EUR 59.3 million). Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, comments: "The year of our 125th anniversary was a very successful one. After three decreasing years, we were able to increase our sales significantly. The already good profitability was further improved. All market segments contributed to this growth. The best development was seen in the Semiconductor and Analytics markets. In order to let shareholders participate in this positive development, Management and the Supervisory Board will propose a dividend of EUR 3.20 per share at the AGM in May. The investment in our company shall remain worthwhile for all shareholders in the future." In context of regional sales, Europe posted a slight increase of 2.1 percent to EUR 187.0 million (previous year: EUR 183.2 million). In Asia, sales rose 16.3 percent to EUR 151.5 million (previous year: EUR 130.3 million). Even more pleasing was the development in the Americas where sales increased by 21.3 percent to EUR 112.4 million (previous year: EUR 92.6 million). Sales of turbopumps rose disproportionately by 16.1 percent to EUR 144.8 million (previous year: EUR 124.7 million). Revenues from backing pumps increased by 14.5 percent to EUR 102.4 million (previous year: EUR 89.4 million). Business with instruments and components expanded by 1.9 percent to EUR 98.8 million (previous year: EUR 96.9 million). Service revenues rose by 13.8 percent to EUR 96.7 million (previous year: EUR 85.0 million). Finally, systems sales amounted to EUR 8.8 million after EUR 10.6 million in the previous year. All markets exhibited growth in the reported year 2015: The Semiconductor market produced sales of EUR 139.9 million (previous year: EUR 118.4 million) - this represents an increase of 18.1 percent. In the heterogeneous market segment Industry there was a sales increase of 7.3 percent to EUR 115.0 million (previous year: EUR 107.2 million). Sales in the Analytical market segment rose disproportionately by 16.6 percent to EUR 91.7 million (previous year: EUR 78.7 million). The Research and Development market segment increased its sales to EUR 55.6 million (previous year: EUR 55.2 million). Coating sales grew by 4.7 percent and amounted to EUR 49.3 million (previous year: EUR 47.1 million). Gross profit for the reporting period amounted to EUR 175.5 million (previous year: EUR 143.4 million). This meant that the gross profit margin increased by 3.6 percentage points to 38.9 percent (previous year: 35.3 percent). The operating profit (EBIT) amounted to EUR 60.8 million. It was 35.8 percent above the previous year's figure of EUR 44.7 million. This corresponds to an operating profit margin (EBIT margin) of 13.5 percent (previous year: 11.0 percent). The financial result increased to EUR -0.3 million (previous year: EUR -0.5 million) and the tax rate amounted to 30.7 percent (previous year: 26.8 percent). This resulted in net income of EUR 41.9 million which represents an increase of 29.3 percent (previous year: EUR 32.4 million). Earnings per share amounted to EUR 4.25 (previous year: EUR 3.29), representing an increase of 29.2 percent. Despite the payment of the high dividend, Pfeiffer Vacuum was able to increase its net cash position to EUR 94.7 million as at December 31, 2015 (previous year: EUR 70.3 million). The equity ratio rose to 67.3 percent (previous year: 65.2 percent). With reference to the motto of our annual report that has been published today, we have been thinking further: Concretization of mid-term planning Pfeiffer Vacuum's goal is the continuation of its successful growth path in the years to come. Significant potential is seen in both areas Semiconductor/Coating and Analytics/Industry. By consistently aligning the business units Semiconductor/ Coating and Analytics/Industry towards customer demand and global growth trends like increasing digitalization, renewable energy and population growth, Pfeiffer Vacuum will sustainably benefit from these dynamics. The company expects the business unit Semiconductor/Coating to grow by an average of 5-7 percent per year over the cycle and Analytics/Industry to exhibit an average of 3-5 percent growth per year over the cycle. First implementation success of GAP already in 2015 In order to create the prerequisites for profitable growth on an operational level, Pfeiffer Vacuum initiated its GAP program last year. The goals of GAP are the optimization of operational processes and the establishment of more efficient structures. The emphasis of GAP is on key account management, the optimization of the supply chain, and the alignment of production towards a competency center approach. GAP's main measures are aimed towards being realized by the end of 2017 while some have already been successfully put into effect during the past financial year 2015. Advanced investment planning in order to increase capacity The optimization of Pfeiffer Vacuum's production is a further goal for sustainable growth. The company's comprehensive investment plan includes the enlargement of its machine park and in this context the expansion of existing production locations or the establishment of new ones. In this context, additional capital expenditures in the amount of EUR 6-8 million have been planned for the current fiscal year 2016. Active use of the strong balance sheet to seize opportunities for acquisitions In addition to the operational measures, Pfeiffer Vacuum plans to use its financial strength in order to foster the company's long-term growth through selective acquisitions. Potential targets must fulfill strict internal criteria and can arise from the current consolidation process within the industry or from adjacent relevant markets. Outlook 2016 For the FY 2016 Pfeiffer Vacuum expects a noticeable increase in sales compared to FY 2015. This is expected to coincide with a noticeable improvement in operating profit and the EBIT margin compared to FY 2015. Attachments: Income statement, balance sheet and cash flow statement. 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 2,350 people and has more than 20 subsidiaries. For more information, please visit group.pfeiffer-vacuum.com --------------------------------------------------------------------------- 23.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX End of News DGAP News Service --------------------------------------------------------------------------- 447959 23.03.2016