DGAP-News

Pfeiffer Vacuum Technology AG: Harmonious AGM in Wetzlar

DGAP-News: Pfeiffer Vacuum Technology AG / Key word(s): AGM/EGM
Pfeiffer Vacuum Technology AG: Harmonious AGM in Wetzlar

21.05.2015 / 17:15

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PRESS RELEASE

Harmonious Annual General Meeting of Pfeiffer Vacuum in Wetzlar

- Vast majority of voting shareholders approve all agenda items

- Dividend for 2014 to amount to EUR 2.65 per share

- Outlook concretized

Asslar, May 21, 2015. Today the Annual General Meeting of Pfeiffer Vacuum
Technology AG took place in the town hall of Wetzlar, Germany. The
meeting's attendance amounted to 55.29 percent of the voting rights. Some
300 guests attended the event and were guided through the agenda by Dr.
Michael Oltmanns, the Chairman of the Supervisory Board. The vast majority
of represented shareholders approved all agenda items voted on. As a
result, a dividend of EUR 2.65 per share will be paid out on May 22. This
corresponds to a total amount of EUR 26,149,296.35.

In his speech, Manfred Bender, CEO of Pfeiffer Vacuum, commented on the
business development in the past year. "We are optimistic that the positive
trend that began at the end of last year will continue, so that we will be
able to generate sufficient liquidity in the current year as well. Larger
investments in form of acquisitions are presently not planned."

As already disclosed, FY 2014 sales of EUR 406.6 million had been slightly
below the preceding year's level.

Bender, however, is optimistic: "We saw a significant upswing of sales in
the 4th quarter. That was later than we had expected at the beginning of
the year. Projects with our customers in the Semiconductor industry but
also in Coating were postponed and continue to be pushed back. There is
good news to report from the Analytics market segment. On the one hand, we
have been able to win back an important customer who had once counted to
our largest clients - until it suddenly had its own vacuum business as the
result of an acquisition. On the other hand, we have also been able to win
completely new customers in this field. Today, it is safe to say that
practically all renowned producers of analytical equipment are on our
customer list. Business with our Semiconductor customers also significantly
increased in the 4th quarter - but not as powerfully as in the previous