Brief: VAT Q3 Net Sales Down At CHF 209 Mln

VAT AG

17/10/2024 05:35

Oct 17 (Reuters) - VAT GROUP AG  VACN.S :
    * VAT MEDIA RELEASE ON Q3 2024 RESULTS
    * Q3 ORDERS UP 58% TO CHF 259 MILLION, SALES FLAT AT CHF 209
MILLION
    * CONFIRMS EXPECTATIONS ON MARKET DEVELOPMENT FOR 2024 AND
INTO
2025
    * CONTINUES TO EXPECT HIGHER SALES, EBITDA, EBITDA MARGIN
AND NET
INCOME IN 2024
    * FOR Q4 VAT EXPECTS SALES OF CHF 270 TO 300 MILLION
    * Q3 NET SALES DECREASED TO CHF 209 MILLION, DOWN 17%
SEQUENTIALLY
    * EXPECTS 2024 FREE CASH FLOW AROUND 2023 LEVELS

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

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