EANS-News: Pfeiffer Vacuum Technology AG / Pfeiffer Vacuum announces results for the first half of 2012

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Financial Figures/Balance Sheet/quarterly report/6-month report

Subtitle: Progress made in improving profitability
Full year forecast confirmed
Development of sales reflects market environment

Aßlar (euro adhoc) - Asslar, Germany - August 7, 2012. Pfeiffer
Vacuum's sales revenues reached EUR 242.3 million in the first half
of 2012. Following a good first quarter, this result now reflects the
general market trend.

Highlights at a glance:

| |H1/2012 |H1/2011* |Change |
| | | | |
|Sales revenues | EUR 242.3M |EUR 285.0M |- 15.0% |
|Operating profit |EUR 36.1M |EUR 36.9M |- 2.2% |
|(EBIT) | | | |
|Net income |EUR 24.0M |EUR 24.6 M |- 2.3% |
|Earnings per share |EUR 2.41 |EUR 2.48 |- 2.8% |
| | | | |
|New orders |EUR 247.5M |EUR 293.2M |- 15.6% |
|Order backlog |EUR 92.7M |EUR 99.4M |- 6.7% |

| |Q2/2012 |Q2/2011* |Change |
| | | | |
|Sales revenues |EUR 110.3M |EUR 141.4M |- 22.0% |
|Operating profit |EUR 16.0M |EUR 19.9M |- 19.4% |
|(EBIT) | | | |
|Net income |EUR 10.5M |EUR 13.2M |- 20.3% |
|Earnings per share |EUR 1.06 |EUR 1.33 |- 20.3% |
| | | | |

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

"The results for the first half-year are on a par with our
expectations. The very strong first half of 2011 must be taken into
account when this result is compared with the previous year. We are
witnessing a slight decline this year in various markets within the
bounds of normal fluctuations. It is only in the Coatings market that
we have a marked decline, particularly in Germany, due to the now
virtually non-existent solar business", says Manfred Bender, CEO of
Pfeiffer Vacuum. "This year we will concentrate on improving
profitability. We have made significant progress in this respect. We
are therefore holding fast to our objective for the full year 2012 of
raising our EBIT margin to around 15 percent with sales revenues of
between EUR 470 million and EUR 500 million." In Europe, sales in the
first half of 2012 declined by 27.8 percent to EUR 92.0 million
(previous year: EUR 127.4 million). Sales from Asia decreased by 6.9
percent to EUR 98.1 million (previous year: EUR 105.5 million). Sales
revenues in the Americas remained stable at EUR 51.6 million
(previous year: EUR 51.5 million).

Sales revenues according to product groups showed an increase in
Service of 4.0 percent to EUR 37.9 million (previous year: EUR 36.4
million). In contrast, the weak solar market caused a decline of
Backing Pump sales by 35.2 percent to EUR 71.1 million (previous
year: EUR 109.7 million). Sales of Turbopumps decreased by 11.3
percent to EUR 68.4 million (previous year: EUR 77.1 million). In
Systems, sales revenues doubled to EUR 5.9 million (previous year:
EUR 3.0 million).

Distribution of sales revenues according to endmarkets in the first
half of 2012 was as follows: the Semiconductor market segment
recorded a downturn of 5.9 percent to EUR 94.4 million (previous
year: EUR 100.4 million). The Industry market segment declined by 4.7
percent to EUR 55.3 million (previous year: EUR 58.0 million). In
Analytics there was a slight decline of 2.6 percent to EUR 42.1
million (previous year: EUR 43.2 million). In contrast, the Research
and Development market segment showed a slight improvement in sales
revenues of 0.9 percent to EUR 26.5 million (previous year: EUR 26.2
million). The biggest downturn occurred in the Coatings market
segment due to the general weakness in the solar industry. This
resulted in a decrease of 58.0 percent to EUR 24.0 million (previous
year: EUR 57.2 million).

New orders in the first half of 2012 amounted to EUR 247.5 million
and therefore were 15.6 percent down on last year's figure (previous
year: EUR 293.2 million). The book to bill ratio, the ratio of new
orders to sales revenue, stood at 1.02 (previous year: 1.03) as at
June 30, 2012. The order backlog fell 6.7 percent compared to the
same period last year EUR 92.7 million (previous year: EUR 99.4
million).

When comparing the profitability figures with the prior year the
following should be considered: after the finalization of the
purchase price allocation for the acquisition of adixen the
profitability figures were adjusted retrospectively for 2011 and,
therefore, the figures shown differ from those stated in the
Financial Report for the first half of 2011.

Despite a downturn in sales revenues of 15.0 percent, the gross
profit at EUR 86.9 million fell by only 6.5 percent compared to the
same period last year (previous year: EUR 92.9 million). In addition,
the operating profit of EUR 36.1 million was only 2.2 percent below
the comparison value (previous year: EUR 36.9 million). This resulted
in an EBIT margin of EUR 14.9 percent (previous year: 12.9 percent).
Net income fell by 2.3 percent to EUR 24.0 million (previous year:
EUR 24.6 million). Earnings per share stood at EUR 2.41 (previous
year: EUR 2.48).

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

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