Pfeiffer Vacuum with sound development in the 1st half year of 2009
While Pfeiffer Vacuum was unable to completely elude the impact of the financial and economic crisis during the 1st half year of 2009, the company s position continued to develop well.
Increasing its revenues for the 1st half of 2009 by 2.9 percent over the same period the year before. A major contract from the solar industry for vacuum systems used for thin layer coating of solar cells played a major role in the sales revenue rise. This contract, which the company had received last year, is recognized in sales on percentage-of-completion-basis. All work is progressing on schedule.
Regionally, Germany continues to account for the largest share of total sales revenues at 44.3 percent. Pfeiffer Vacuum was able to boost sales on its home market by 27.9 percent to 43.6 million. Totaling 25.3 million, sales in the other countries of Europe were down 15.8 percent from the year before.
In the United States, Pfeiffer Vacuum s sales revenues advanced by 8.4 percent year on year to 17.8 million. However, this rise was essentially attributable to exchange rate effects; expressed in U.S. dollars, sales revenues declined by 6.2 percent. At 11.9 million, sales revenues in Asia and the rest of the world were down 22.
2 percent year on year.
In terms of the sales mix by markets, the Coating segment remained far and away in first place, with sales revenues here surging by 57.0 percent to 34.2 million in the first half of 2009. Sales revenues in the Analytical market segment declined by 12.1 percent to 21.4 million. The heterogeneous market segment of Industrial Applications saw sales slip by 22.
7 percent to 17.4 million. On the other hand, increased public-sector investments in connection with the implementation of various international economic stimulus programs sparked sales revenue growth of 12.0 percent to 16.5 million in the Research & Development sector. At 4.2 million, sales revenues in the Chemical and Process Technology segment remained on the prior year s level, while the overall weakness of the semiconductor industry drove sales revenues down by 40.
5 percent to 4.9 million.
