Pfeiffer Vacuum: Seen down after guidance cut

Pfeiffer Vacuum Technology AG

25/09/2019 07:43

** Shares in German vacuum pump maker Pfeiffer Vacuum
 PV.DE  are indicated about 10% down pre-market after guidance
cut  urn:newsml:reuters.com:*:nASP00178Z
    ** The company cuts sales and EBIT margin guidance due to
delayed orders from customers in the semiconductor and coating
markets 
    ** Now sees FY 2019 sales of EUR 620-640 million (previously
EUR 640-660 million) and EBIT margin to be around 10%
(previously 11-14%)

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