Pfeiffer Vacuum AG : 2023 set to be a tough year for the group
>Underperform rating maintained, target price lowered to € 155 vs € 165 - Based on the group’s final FY 2022 results release, we are maintaining our Underperform rating and have lowered our target price to € 155 vs € 165, cutting our 2023-2024e EPS estimates by 6% on average. 2023 is set to be a tough year for the group, which will be characterised by a decline in demand from its clients in the semiconductor market (50% of sales) and continued inflation which is set t...Pfeiffer Vacuum provides vacuum technology solutions. Co.'s products are divided into the areas of vacuum generation, vacuum measurement and analysis, installation elements, vacuum chambers and vacuum systems. It includes a range of hybrid and magnetically levitated turbopumps, oil-lubricated and drycompressing low and medium vacuum pumps, leak detectors, mass spectrometers and gauge heads. Co. manufactures vacuum chambers in cubical, cylindrical and bell-shaped designs. Co. also develops and manufactures vacuum systems for customer specific processes, such as testing components for the automotive and electronics industries, testing pressure vessels or packaging in the food industry.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.