Brief: VAT Group H1 EBITDA Up At CHF 135 Mln

VAT AG

18/07/2024 05:34

July 18 (Reuters) - VAT GROUP AG  VACN.S :
    * CONFIRMS PREVIOUSLY COMMUNICATED EXPECTATIONS ON MARKET
DEVELOPMENT FOR 2024
    * H1 ORDER INTAKE AMOUNTED TO CHF 507 MILLION, AN INCREASE
OF 74%
COMPARED WITH TROUGH LEVELS SEEN PREVIOUS YEAR
    * H1 NET SALES WERE FLAT COMPARED TO LAST YEAR AT CHF 450
MILLION
    * H1 EBITDA FOR FIRST HALF OF YEAR INCREASED 2% TO CHF 135
MILLION
    * CONTINUES TO EXPECT INVESTMENTS IN SEMICONDUCTOR
MANUFACTURING
EQUIPMENT TO CONTINUE TO GROW OVER REST OF 2024

Source text for Eikon:  ID:nEQ4VCSS5a 
Further company coverage:  VACN.S 

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