DGAP-News: Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum benefits from strong semiconductor business in challenging overall environment during H1 2020
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Tuesday, August 4, 2020
Pfeiffer Vacuum Technology AG, a leading global manufacturer of vacuum solutions, today announced consolidated results for the first half of 2020.
Key Points:
- Pfeiffer Vacuum Technology AG, a leading global manufacturer of vacuum solutions, today announced consolidated results for the first half of 2020.
- The operating result (EBIT) of EUR 19.5 million represents a decrease by 40.5% compared to the previous year (H1 2019: EUR 32.8 million).
- "Our results for the first half of 2020 were particularly impacted by COVID-19 and the global recession in the second quarter 2020," says Dr. Eric Taberlet, CEO of Pfeiffer Vacuum Technology AG.
- However, it is essential that we remain agile and make adjustments where needed, particularly in the current market environment."