Brief: Pfeiffer Vacuum - 9M Order Intake At EUR 461.3 Mln

Pfeiffer Vacuum Technology AG

03/11/2020 06:33

Nov 3 (Reuters) - PFEIFFER VACUUM TECHNOLOGY AG  PV.DE :
    * ORDER INTAKE OF EUR 461.3 MILLION IN 9M 2020, UP 2.5% FROM
PREVIOUS YEAR
    * SALES DOWN 2.9% IN 9M 2020 AND DOWN 2.7% IN Q3 2020
    * EBIT MARGIN REACHES 7.9% IN 9M 2020 AND 10.6% IN Q3 2020
    * GROSS PROFIT FOR FIRST NINE MONTHS WAS EUR 158.0 MILLION
(9
MONTHS 2019: EUR 161.4 MILLION)
    * 9-MONTH NET INCOME DECLINED TO EUR 24.8 MILLION (9 MONTHS
2019:
EUR 34.7 MILLION)
    * CURRENTLY EXPECTS SALES IN Q4 2020 TO BE SIMILAR TO Q3
2020
LEVELS, WHILE EBIT MARGIN FOR FULL YEAR 2020 IS EXPECTED TO BE
AROUND 7 PERCENT
    * END OF Q3 2020, ORDER BACKLOG OF EUR 118.2 MILLION, DOWN
7.4%
COMPARED TO PREVIOUS YEAR (SEPTEMBER 30, 2019: EUR 127.6
MILLION)

Source text for Eikon:  ID:nEQ9hwd1ra 
Further company coverage:  PV.DE 

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