Pfeiffer Vacuum Will Contribute Even More Actively to Industrial Trends

Total sales revenues for 2011, which were previously announced as preliminary and have meanwhile been audited, stand at €519.5 million. This is an increase of 135.6 percent (previous year: €220.5 million). The first-time inclusion of sales revenues from adixen as well as favorable developments in the core business were responsible for this good result. The earnings development progressed as expected. The initial consolidation of the new subsidiaries had a marked effect on the Consolidated Statements of Income. As a result of the high sales revenues, an operating profit of €61.8 million (previous year: €52.9 million) and a net income of €41.6 million (previous year: €38.3 million) were recorded. The Management Board and Supervisory Board propose a dividend payout of €3.15 per share. This results, as in previous years, in a payout ratio of 75 percent. “In the first year after a large acquisition, Pfeiffer Vacuum is highly profitable. In view of our consolidated net profit of €41.6 million, we intend to distribute 31.1 million, which corresponds to a dividend of €3.15 per share (previous year: €2.90). Our shareholders therefore benefit from the Company’s new direction right from the start“, comments Pfeiffer Vacuum CEO, Manfred Bender, the results. Bender continues, “In future, Pfeiffer Vacuum will contribute even more actively to industrial trends, such as increasing digitalization and growing environmental awareness. Together with adixen, we provide perfect solutions which make numerous technological developments possible in the first place”. Increased sales revenues recorded in 2011 in all regions were largely the result of the first-time inclusion of adixen, but were also due to growth in core business.