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VACN - VAT AG News Story

CHF254.4 3.0  1.2%

Last Trade - 4:34pm

Sector
Industrials
Size
Large Cap
Market Cap £5.91bn
Enterprise Value £6.01bn
Revenue £542.4m
Position in Universe 156th / 1054

BRIEF-VAT Group Q4 Net Sales At Around CHF 187 Mln

Thu 14th January, 2021 6:07am
Jan 14 (Reuters) - VAT GROUP AG  VACN.S :
    * PRELIMINARY Q4 ORDERS OF AROUND CHF 208 MILLION, UP 18%
COMPARED
WITH SAME PERIOD A YEAR EARLIER
    * Q4 NET SALES AMOUNTED TO APPROXIMATELY CHF 187 MILLION, AN
INCREASE OF 11% YEAR-ON-YEAR
    * FY PRELIMINARY ORDERS AMOUNTED TO APPROXIMATELY CHF 733
MILLION,
UP 25% COMPARED TO A YEAR EARLIER
    * FY NET SALES INCREASED BY 21% TO CHF 692 MILLION
    * FY EBITDA MARGIN IN EXCESS OF 31%, AN INCREASE OF MORE
THAN 4
PERCENTAGE POINTS OVER 2019
    * BASED ON CONTINUED STRENGTH OF SEMICONDUCTOR SECTOR AND
STRONG
Q4 2020 ORDERS, VAT EXPECTS NET SALES OF CHF 180 - 190 MILLION
IN Q1 2021

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

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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