Pfeiffer Vacuum Technology AG

  • WKN: 691660
  • ISIN: DE0006916604
  • Land: Deutschland

Nachricht vom 25.03.2020 | 17:04

Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Dividend Proposal and Outlook Suspension Due to COVID-19 Pandemic

Pfeiffer Vacuum Technology AG / Key word(s): Dividend/Change in Forecast
Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Dividend Proposal and Outlook Suspension Due to COVID-19 Pandemic

25-March-2020 / 17:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc Release

Disclosure of an inside information according to Article 17 MAR

Pfeiffer Vacuum Technology AG Announces Dividend Proposal and Outlook Suspension Due to COVID-19 Pandemic

Asslar, March 25, 2020.
The Management and Supervisory Board of Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") decided today to propose a dividend of EUR 1.25 per share to the annual general meeting, reflecting a payout ratio of 25.5% of the distributable profit for fiscal year 2019 (previous year: EUR 2.30 dividend; payout ratio 33.0%). The decision to decrease the dividend compared to last year was made against the backdrop of increased expenses related to the implementation of Pfeiffer Vacuum's growth strategy, and the unknown impacts of the COVID-19 Pandemic on the world economy and the business.

Statements made for the fiscal year 2020 in the outlook section of the 2019 Annual General Report are no longer valid, due to the uncertain impact of to the COVID-19 Pandemic. An update of the outlook is currently not possible due to the rapid developments.

 

Contact:
Pfeiffer Vacuum Technology AG

Investor Relations
Heide Erickson
T +49 6441 802 1360
F +49 6441 802 1365
Heide.Erickson@pfeiffer-vacuum.de




Contact:
Heide Erickson
Pfeiffer Vacuum Technology AG
Berliner Strasse 43
35614 Asslar
T +49 6441 802-1360
M +49 162 2022573
F +49 6441 802-1365
heide.erickson@pfeiffer-vacuum.de
www.pfeiffer-vacuum.com

25-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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