Inficon: Shares up after better-than-expected Q1 results
22/04/2020 09:07
** Shares in Inficon IFCN.S rise 4% after the Swiss vacuum
solutions company reports strong Q1 results urn:newsml:reuters.com:*:nFWN2C919D
** Baader Helvea says the Q1 results were above expectations
even though the company faced a decline in sales of 3% year-on-
year
** Jefferies says that with a Q1 2020 book-to-bill ratio >1,
the order intake was also significantly higher than in Q1 2019
and bodes well for the upcoming quarters
** Although the company refrained from a concrete outlook,
Baader Helvea expects the remaining quarters of the current year
to show an acceleration in sales and EBIT
((Veronica.snoj@tr.com))