Pfeiffer Vacuum Technology AG provided earnings guidance for the second quarter of 2020. For the quarter, the company expects to achieve sales of around EUR 140 to EUR 145 million (second quarter 2019: EUR 157.4 million). The decline is primarily driven by the decrease in demand due to global economic conditions, partially offset by continued strong demand in the semiconductor market. The operating result (EBIT) is expected to be in the range of EUR 3.0 to EUR 6.5 million, significantly lower compared to the previous year (second quarter 2019: EUR 14.7 million). This is primary driven by productivity loss due to sales declines and COVID-19 measures, product and market mix, and year-over-year increased expenses to drive market share growth. The order intake in second quarter 2020 is expected to be at or slightly above second quarter 2019 (second quarter 2019: EUR 144.9 million).