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Pfeiffer Vacuum increases sales 21% in 2010

17 February 2011 | By Mark Osborne | News > Critical Components

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Preliminary financial results for Pfeiffer Vacuum show the company has increased its sales revenues by 21.1% to €220.5 million, compared to the prior year’s €182 million. A strong fourth quarter in sales led to higher than expected overall business, the company noted.

The orders received for the 2010 financial year total €223.7 million, a 38.8% increase  from the previous year of €161.2 million. The Book to Bill Ratio was 1.01 compared with 0.89 in 2009. New orders received were €58.4 million compared with €43.9 million the previous year, up 33%.

"Thanks to the good fourth quarter, which came out better than we expected, we have significantly exceeded our forecasts we made in November,” noted Manfred Bender, CEO of Pfeiffer Vacuum Technology AG. “The turnover forecasts we released in November for the vacuum unit adixen, which at the time was still owned by Alcatel-Lucent, can be confirmed and so far the orders received look very promising."

The company will present its full financial statements on March 29, 2011.

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