Brief: Inficon Q1 Net Income At $19.6 Million
22/04/2021 06:10
April 22 (Reuters) - INFICON HOLDING AG IFCN.S :
* Q1 SALES INCREASE OF 32.5% TO USD 122.7 MILLION
* UPDATES ITS EXPECTATIONS FOR BUSINESS YEAR 2021 TO SALES
OF USD
450-480 MILLION (PREVIOUSLY USD 420-450 MILLION) AND AN
OPERATING INCOME MARGIN OF 18-20%
* Q1 OPERATING INCOME ROSE TO USD 24.6 MILLION, LEADING TO A
SIGNIFICANTLY STRENGTHENED MARGIN OF 20.0% FOR QUARTER
* Q1 NET INCOME FOR PERIOD WAS USD 19.6 MILLION OR 16.0%
Source text for Eikon: ID:nTENucirva
Further company coverage: IFCN.S
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