Pfeiffer Vacuum Technology AG: Significant increase in revenues for the full year 2017. EBIT and EBIT margin burdened by special effects.
Pfeiffer Vacuum Technology AG / Key word(s): Preliminary Results
Asslar, February 16, 2018. Pfeiffer Vacuum Technology AG (ISIN: DE0006916604) announces preliminary results for the financial year 2017. Compared to the previous year (474.3 million euros), sales increased by 23.8 percent to 587.0 million euros. EBIT amounted to 73.9 million euros, an increase of 5.9 million euros over the previous year's figure of 68.0 million euros. The EBIT margin is 12.6 percent, adjusted 14.2 percent. Included for the first time in the fourth quarter are special effects from purchase price allocations for the companies acquired during the year in the United States and Germany amounting to approximately 6 million euros as well as negative influences from exchange rates and increased legal and consulting costs. The book-to-bill ratio, the ratio of incoming orders to sales, rose by 7 basis points year-on-year to 1.09. At the end of December 2017, Pfeiffer Vacuum had an order backlog of 127.4 million euros, an increase of 76.2 percent over the previous year (72.3 million euros).
The final annual result 2017 will be published on March 21, 2018.
Pfeiffer Vacuum Technology AG
T +49 6441 802 1346
F +49 6441 802 1365
|Company:||Pfeiffer Vacuum Technology AG|
|Berliner Str. 43|
|Phone:||+49 6441 802-0|
|Fax:||+49 6441 802-1365|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|