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Pfeiffer Vacuum Technology Q1 Preliminary EBIT Up 76.4%

Pfeiffer Vacuum Technology AG (PFFVF.PK,PVTCY.PK) reported that its preliminary operating result or EBIT for the first quarter 2021 increased 76.4 percent to 22.6 million euros from the previous year.

Sales for the quarter increased by 25.0 percent to 191.7 million euros from the previous year. The sales development in the semiconductor market was especially dynamic. In addition, the development in all other markets was also generally positive.

The order intake was 233.9 million euros, an increase of 35.3 percent from the prior year. The increase was especially related to the strong demand in the semiconductor market, particularly during the last weeks of the first quarter.

Pfeiffer Vacuum now expects a more positive development compared to previously published expectations. It now anticipates that in the fiscal year 2021, sales growth as well as the EBIT margin performance will significantly improve from the same period in 2020 and that each will be above 10 percent.

The company said it will announce detailed results for first quarter 2021 on May 4, 2021.

Dogecoin jumps again to double record rally price

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Dogecoin has doubled from its Wednesday morning rally to reach prices of more than $0.30 Thursday night.

The dog meme-inspired cryptocurrency — that began as a joke — is up 400 percent over the past week, according to Coindesk.

The surge came a day after Wednesday’s stock market debut for the cryptocurrency exchange Coinbase, which was considered a sign of Wall Street’s acceptance of crypto. However, Dogecoin is not listed on Coinbase.

Doge was the No. 1 trending topic on Twitter Thursday night, and at least one user told The Post they were unable to purchase the currency on Robinhood, due to the app crashing as its value skyrocketed.

“Doge Barking at the Moon,” tweeted SpaceX’s Elon Musk, who once said Dogecoin is his favorite Bitcoin rival.

“Me on Robinhood checking if #dogecoin has reached the moon every 2 seconds,” another user tweeted.

“There is fixing to be a lot of Meme Millionaires,” one user posted.

Dallas Mavericks owner Marc Cuban began accepting Dogecoin for payment for NBA tickets and merchandise last month.

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India reports another record daily rise in COVID-19 infections

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BENGALURU (Reuters) – India reported a record daily increase of 217,353 COVID-19 infections over the last 24 hours, health ministry data showed on Friday.

It was the eighth record daily increase in the last nine days. Total cases reached nearly 14.3 million, second only to the United States which has reported more than 31 million infections.

India’s deaths from COVID-19 rose by 1,185 to reach a total of 174,308, the data showed.

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Essentra Plc Q1 LFL Revenue Growth At 1.4% – Quick Facts

Essentra plc (ESNT.L) reported first quarter trading in line with expectations. The Group delivered LFL revenue growth of 1.4% for the period. Essentra said recent order book trends are improving across the Group.

The Components division recorded revenue growth of approximately 5%, adjusting for two less trading days. The Packaging division had a LFL revenue decline of 5.4%. The Filters division recorded revenue growth of 10.0%.

Essentra plc is due to hold its 2021 Annual General Meeting on 20 May 2021.

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Mediclinic FY21 Revenue Down Around 3.0% – Quick Facts

Mediclinic International plc (MDC.L) reported that its fiscal 2021 Group revenue was down around 3.0%, reflecting significant impact of initial COVID-19-related lockdowns and restrictions. For the second half, year-on-year revenue growth was approximately 1.0%.

For fiscal 2021, the Group delivered an EBITDA margin of around 14.0% compared to 17.5%, previous year. The Group noted that the stronger demand in the second half of the year supported an improved margin trend. Total capital expenditure for the period is expected to be around 150 million pounds compared to 192 million pounds, previous year.

The Group expects to deliver growth in revenue and EBITDA across all three divisions during fiscal 2022.

Home Office's detention policies found to be in breach of human rights