Brief: Pfeiffer Vacuum Updates Mid-Term Targets

Pfeiffer Vacuum Technology AG

11/01/2021 09:06

Jan 11 (Reuters) - PFEIFFER VACUUM TECHNOLOGY AG  PV.DE :
    * UPDATES MID-TERM TARGETS; SALES AND MARGINS TO INCREASE
SIGNIFICANTLY - FISCAL YEAR 2020 SALES STRONGER THAN EXPECTED
    * ACCORDING TO PRELIMINARY FIGURES, PFEIFFER VACUUM RECORDED
HIGHER THAN ANTICIPATED SALES FOR FISCAL YEAR 2020, WHICH ARE
EXPECTED TO BE AT OR SLIGHTLY ABOVE EUR 616 MILLION
    * EXPECTS TO INCREASE MARKET SHARE VIA ORGANIC GROWTH AND
ACQUISITIONS, TO GROW SALES SUBSTANTIALLY AS WELL AS TO IMPROVE
PROFITABILITY CONSIDERABLY OVER NEXT 3 TO 5 YEARS

Source text for Eikon:  ID:nEQ8YTh2a 
Further company coverage:  PV.DE 

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