EANS-News: Pfeiffer Vacuum Technology AG / Pfeiffer Vacuum announces results for first nine months of 2012

Asslar, November 6, 2012. (euro adhoc) -

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

Subtitle: Development of sales exceeds expectations
Improved earnings
Full-year guidance confirmed

Pfeiffer Vacuum achieved sales revenues
of EUR 354.3 million during the first nine months of 2012. In a difficult market environment, this result came in better than expected.

Highlights at a glance:

| |9M/2012 |9M/2011* |Change | | | | | | |Sales revenues |EUR 354.3M |EUR 405.5M |- 12.6% | |Operating profit |EUR 53.0M |EUR 52.8M |+ 0.4% | |(EBIT) | | | | |Net income |EUR 35.3M |EUR 35.0M |+ 0.8% | |Earnings per share |EUR 3.56 |EUR 3.53 |+ 0.8% | | | | | | |New orders |EUR 348.2M |EUR 402.9M |- 13.6% | |Order backlog |EUR 81.4M |EUR 88.6M |- 8.1% | | |Q3/2012 |Q3/2011* |Change | | | | | | |Sales revenues |EUR 112.0M |EUR 120.4M |- 7.0% | |Operating profit |EUR 16.9M |EUR 15.9M |+ 6.4% | |(EBIT) | | | | |Net income |EUR 11.4M |EUR 10.5M |+ 8.2% | |Earnings per share |EUR 1.14 |EUR 1.06 |+ 7.6% | | | | | |

* Figures for 2011 adjusted in part to reflect the effects from the purchase price allocation carried out retroactively following the acquisition of adixen.

"Sales revenues in the third quarter exceeded our expectations", says Manfred Bender, CEO of Pfeiffer Vacuum. "Continued improvement in profitability is a particularly positive development. We are right on track in this respect. In nine months we have already generated an operating cash flow of over EUR 42 million. This figure is up about 18 percent over the previous year. Furthermore, liquid assets nearing EUR 90 million far outstrip bank liabilities totaling more than EUR 55 million. This means we are net debt free". Bender continues: "As far as the full-year result for 2012 is concerned, I believe we will be able to achieve our low-end target of EUR 470 million. The EBIT margin will be around the 15 percent mark."

The development of sales in the various key markets was very mixed. This is true both for market segments as well as for regional distribution. The distribution of sales revenues according to user markets showed a 6.5 percent decline in the Semiconductors market to EUR 131.5 million (previous year: EUR 140.7
million). Sales revenues in the Industry market segment decreased by 1.9 percent to EUR 85.1 million and have therefore proved relatively stable (previous
year: EUR 86.7 million). In Analytics, in contrast, there was an increase of 1.2 percent to EUR 63.0 million (previous year: EUR 62.2 million). Similarly, the Research and Development segment showed a 1.0 percent improvement in sales revenues to EUR 40.3 million (previous year: EUR 39.9 million). Only the Coating market segment recorded a significant downturn. Sales revenues here dropped 54.6 percent to EUR 34.4 million (previous year:
EUR 75.9 million).

In Europe, sales declined by 20.1 percent in the first nine months of 2012 to EUR
144.4 million (previous year: EUR 180.8 million). Sales in the Asian region decreased 9.6 percent to EUR 134.5 million (previous year:
EUR 148.8 million). Sales revenues in the Americas remained encouragingly stable at EUR 74.6 million (previous year: EUR 74.9 million).

Sales revenues according to product groups showed an increase in Service of 3.0 percent to EUR 57.2 million (previous year: EUR 55.6 million). In contrast, Backing
Pumps experienced a decline of 34.3 percent in sales revenues to EUR 97.4 million
(previous year: EUR 148.3 million). Sales of Turbopumps decreased by 8.9 percent to EUR 101.1 million (previous year: EUR 111.0 million). In Systems, sales revenues
almost tripled to EUR 14.7 million (previous year: EUR 5.5 million).

New orders in the first nine months of 2012 amounted to EUR 348.2 million and were therefore 13.6 percent down on last year's figure (previous year: EUR 402.9 million). The book to bill ratio, the ratio of new orders to sales revenue, stood at 0.98 as at September 30, 2012 (previous year: 0.99). The order backlog at EUR 81.4 million was 8.1 percent down on the comparison period (previous year:
EUR 88.6 million).

A particular feature can be observed when the key earnings figures are compared to the previous year: after finalizing the purchase price allocation for the acquisition of adixen, the key earnings figures for 2011 were adjusted retroactively and therefore differ from the figures posted in the statement for the first nine months of 2011.

Despite a downturn in sales revenues of 12.6 percent, the gross profit margin rose by 3.5 percent to 36.3 percent (previous year: 32.8 percent). The operating profit of EUR 53.0 million was 0.4 percent over the comparison value (previous year: EUR 52.8 million). This resulted in an operating profit margin of
15.0 percent (previous year: 13.0 percent) which was exactly in line with the target for 2012. Net income stood
0.8 percent over the previous year at EUR 35.3 million (previous year: EUR 35.0 million). Earnings per share stood at EUR 3.56 in the first nine months of 2012 (previous year: EUR 3.53).

Please find the complete press release including Consolidated Statements of Income, Consolidated Balance Sheets, Consolidated Statements of Cash Flows at www.pfeiffer-vacuum.com

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

end of announcement euro adhoc

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

Digital press kit: http://www.ots.at/pressemappe/EASY_9589/aom

Rückfragen & Kontakt:

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

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