ASSLAR (dpa-AFX) - German vacuum pumps maker Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK) said it expects a further positive development in fiscal year 2016.
In his speech at Annual General Meeting, Manfred Bender, CEO of Pfeiffer Vacuum, is set to touch on the business development of the past year. As already disclosed, the company experienced significant growth in fiscal year 2015 and expects a further positive development in fiscal year 2016.
Order intake in the year to date has been at a similar level as in the previous year. Since some larger projects should materialize in the second half of the year, the company expect s fiscal year 2016 sales of about 470 million euros. This should coincide with an improvement of operating profit or EBIT.
Copyright RTT News/dpa-AFX