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Pfeiffer Vacuum Technology AG

EANS-News: Pfeiffer Vacuum Technology AG
Pfeiffer Vacuum announces results for the first nine months of 2010

Aßlar (euro adhoc) -

•	Q3 the best quarter in the company’s history
•	Double-digit growth rates in all metrics
•	Guidance raised for full fiscal year
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Financial Figures/Balance Sheet/quarterly report
Subtitle: •	Q3 the best quarter in the company’s history
•	Double-digit growth rates in all metrics
•	Guidance raised for full fiscal year
Asslar, Germany, November 3, 2010. Pfeiffer
Vacuum closed the month of September with the best quarter ever in 
its corporate history. This also produced above-average developments 
for the first nine months. All metrics posted significant, 
double-digit growth rates.
Highlights at a glance:
9M/2010          9M/2009         Change
Sales revenues    EUR 158.5 million     EUR 137.5 million       + 15.3 %
EBIT              EUR 37.1 million      EUR 27.7 million        + 33.8 %
Net income        EUR 29.0 million      EUR 19.7 million        + 47.1 %
EPS                     EUR 3.39                EUR 2.31              + 46.8 %
New orders       EUR 165.3 million      EUR 117.3 million       + 40.9 %
Orders on hand  EUR 48.6 million        EUR 40.8 million        + 19.1 %
Q3/2010          Q3/2009     Change
Sales revenues    EUR 59.1 million      EUR 38.9 million        + 51.8 %
EBIT              EUR 14.4 million      EUR 5.9 million + 146.9 %
Net income        EUR 11.3 million      EUR 4.2 million + 169.0 %
EPS                     EUR 1.32                EUR 0.49                + 169.4
%
Pfeiffer Vacuum Chief Executive Officer Manfred Bender had this to say about the
results: "We are very proud of these numbers. The development of our business
has far surpassed our expectations. The volume of new orders is overwhelming,
and there has already been a clear improvement in margins during the first year
of the Trinos integration. We therefore now anticipate sales revenues of around
EUR 210 million for the full fiscal year, and an EBIT margin of over 23
percent."
Sales revenues by region The regional sales mix produced strong, 
double-digit growth rates on international markets during the first 
nine months of the 2010 fiscal year. In the United States, sales 
revenues improved by 42.2 percent to EUR 38.9 million (2009: EUR 27.4
million), and by 46.2 percent in Asia and the rest of the world to 
EUR 27.5 million (2009: EUR 18.8 million). In the other countries of 
Europe, sales revenues rose by 11.6 percent to EUR 41.0 million 
(2009: EUR 36.7 million). A special effect that was incurred last 
year due to a major contract from the solar industry has distorted 
year-on-year comparisons for Germany, causing sales revenues in 
Germany to decline by 6.4 percent from EUR 54.6 million to EUR 51.1 
million. Currency translation effects accounted for EUR 3 million in 
the first nine months of 2010.
Sales revenues by market segment Posting a triple-digit growth rate, 
the Semiconductor market was especially noteworthy in the sales 
revenue mix by markets, with Pfeiffer Vacuum recording an increase of
125.2 percent to EUR 17.1 million (2009: EUR 7.6 million). The 
Analytical segment, too, saw a significant 39.3-percent rise to EUR 
45.6 million (2009: EUR 32.7 million). Sales revenues in Industrial 
Applications improved by 28.5 percent to EUR 34.6 million (2009: EUR 
27.0 million). The Research & Development market segment continued to
sustain its upward trend, with sales revenues advancing by 25.2 
percent to EUR 30.9 million (2009: EUR 24.7 million). Following a 
number of negative quarters, the development of sales revenues in the
Chemical and Process Technology segment developed on a highly 
positive note, rising by 18.2 percent to EUR 6.4 million (2009: EUR 
5.4 million). Only in the Coating segment was there a significant 
40.5-percent year-on-year decline in sales revenues to EUR 23.8 
million (2009: EUR 40.1 million).
Further profitability numbers Pfeiffer Vacuum´s industry-leading 
profitability continued to improve during the first nine months of 
fiscal 2010. Operating profit rose by 33.8 percent to EUR 37.1 
million (2009: EUR 27.7 million), while the EBIT margin increased by 
3.2 percentage points to 23.4 percent. Net income advanced by 47.1 
percent to EUR 29.0 million (2009: EUR 19.7 million), with earnings 
per share thus amounting to EUR 3.39 (2009: EUR 2.31).
Please find the complete press release including financial tables at
www.pfeiffer-vacuum.com
About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange Symbol PFV, 
ISIN DE0006916604) is one of the world´s leading providers of vacuum 
solutions. Among a full range of hybrid- and magnetically levitated 
turbopumps, the portfolio comprises of backing pumps, measurement and
analysis devices, components, vacuum chambers and systems. Ever since
the invention of the turbomolecular pump by Pfeiffer Vacuum, the 
company has stood for innovative solutions and high-technology 
products that are used in the analytical segment, in research and 
development, environmental technology, chemistry, semiconductor 
production and coating technology, as well as in the automotive 
industry and any number of further sectors. Founded in 1890, Pfeiffer
Vacuum is today active throughout the world together with a workforce
of some 900 people as well as 14 subsidiaries and over 20 agencies. 
Further information is available at www.pfeiffer-vacuum.com.
end of announcement                               euro adhoc

Further inquiry note:

Brigitte Looß
Leiterin Investor Relations
Tel.: +49 (6441) 802-346
E-Mail: Brigitte.Loos[at]pfeiffer-vacuum.de

Branche: Machine Manufacturing
ISIN: DE0006916604
WKN: 691660
Index: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

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