By Christian Moess Laursen

Shares in Pfeiffer Vacuum Technology AG rose Tuesday after the corporate raised its gross sales steerage for the 12 months because of extra secure provide chains and good supply efficiency.
At 1126 GMT, shares had been buying and selling 2.6% larger at EUR174.

The German vacuum-pump maker mentioned late Monday that it expects consolidated gross sales for the 12 months to be round 900 million euros ($955 million), up from a beforehand forecasted vary of EUR860 million to EUR880 million. Last 12 months, the corporate made gross sales of EUR771.4 million.
Stabilization in provide chains has helped increase gross sales, as has sturdy supply by the group, it mentioned.
Pfeiffer mentioned it nonetheless expects its margin of earnings earlier than curiosity and taxes to face at round 14% for the 12 months, rising from 12.1% final 12 months, it mentioned.
Write to Christian Moess Laursen at christian.moess@wsj.com