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EANS-News: Pfeiffer Vacuum Technology AG / Pfeiffer Vacuum holds harmonious Annual Shareholders Meeting in Wetzlar

Geschrieben am 22-05-2012

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Dividend Announcements/Distribution/Annual & Special Corporate
Meetings

Subtitle: All items on the agenda adopted by a large majority
Annual forecast anticipates significant improvement in margin
€ 3.15 dividend approved

Aßlar (euro adhoc) - May 22, 2012. The Annual Shareholders Meeting of
Pfeiffer Vacuum AG was held in the Stadthalle in Wetzlar today with
an outstanding 47.02 percent of share capital present and some 400
shareholders in attendance. Supervisory Board Chairman Dr. Michael
Oltmanns chaired a harmonious Annual Shareholders Meeting. The
shareholders voted with a large majority to adopt all items on the
agenda.

Chief Executive Officer Manfred Bender presented a successful development of
business in fiscal 2011 marked largely by the integration of adixen. Pfeiffer
Vacuum acquired their former competitor in December 2010. The merging of the
sales and marketing and the product portfolio was concluded within the first
year. The new product combinations which resulted allow complete vacuum
solutions to be supplied. Pfeiffer Vacuum and adixen are the technology leaders
in all essential product groups. There are many modern industrial products that
cannot be made without a vacuum. This is particularly true where ongoing further
developments within information technology and the safeguarding of global energy
supplies are concerned.

"In the current year we are continuing with the fine tuning work in the adixen
integration process. We intend to work on our profitability and achieve an
operating margin of around 15 percent," explained Manfred Bender. "Global
economic conditions are still not on a solid footing. We are still receiving
very mixed signals from the semiconductor market and see no signs of recovery in
the solar industry. We are therefore expecting sales revenues in 2012 as a whole
to be in the range of between EUR 470 and EUR 500 million."

Only in the first year after acquiring a large rival, Pfeiffer Vacuum
is already back on an extremely sound financial footing and has no
net indebtedness. The cash and cash equivalents amount to EUR 108.3
million. Against this background the Annual Shareholders Meeting
voted in favor of a dividend payout of EUR 3.15 per share. This was
in line with the payout proposed by the Management and Supervisory
Boards. As a result, on May 23, 2012, as in previous years some 75
percent of the net income reported in the Annual Financial Statements
will be distributed.

Manfred Bender's presentation plus detailed information relating to
the results of the voting are available at
www.pfeiffer-vacuum.de/shareholders_meeting.

About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange Symbol PFV,
ISIN DE0006916604) is one of the world's leading providers of vacuum
solutions. In addition to a full range of hybrid and magnetically
levitated turbopumps, the product portfolio comprises backing pumps,
measurement and analysis devices, components as well as vacuum
chambers and systems. Ever since the invention of the turbopump by
Pfeiffer Vacuum, the company has stood for innovative solutions and
high-tech products that are used in the markets Analytics, Industry,
Research & Development, Coating and Semiconductor. Founded in 1890,
Pfeiffer Vacuum is active throughout the world today. The company
employs a workforce of some 2,300 people and has more than 20
subsidiaries. For more information, please visit
www.pfeiffer-vacuum.com

Further inquiry note:
Brigitte Looß
Leiterin Investor Relations
Tel.: +49 (6441) 802-1346
E-Mail: Brigitte.Loos@pfeiffer-vacuum.de

end of announcement euro adhoc
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company: Pfeiffer Vacuum Technology AG
Berliner Str. 43
D-35614 Aßlar
phone: +49(0)6441-802-0
FAX: +49 (6441) 802-1202
mail: info@pfeiffer-vacuum.de
WWW: http://www.pfeiffer-vacuum.de
sector: Machine Manufacturing
ISIN: DE0006916604
indexes: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English


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