(Editor's Note: The company's OTC listing trades with limited liquidity. The German listing as PFV offers better trading liquidity.)
On 3/20, Pfeiffer Vacuum (OTC:OTC:PFFVF) released its annual report. The company develops, produces and distributes vacuum solutions for a great variety of end markets: semiconductor, coating, R&D, analytics and industrial applications.
(click to enlarge)A closer look at the segmented data and cash flow statement disclosed in the 2013 annual report reveals some interesting details about the company and its future prospects.
Revenue and margin analysis
Pfeiffer certainly had a bad 2013. Sales were down 11.4% and net income was down 24%. However, margin development provided a different picture: In spite of heavily reduced sales, operating margins shrank...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|