EQS Group-Ad-hoc: INFICON Holding AG / Key word(s): Half Year Results 
INFICON strongly on track 
29-Jul-2021 / 07:01 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 LR 
The issuer is solely responsible for the content of this announcement. 
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Corporate Contact 
Matthias Tröndle 
Chief Financial Officer 
+423 388 3510 
matthias.troendle@inficon.com 
Ad hoc announcement of INFICON Holding AG pursuant to Art. 53 LR SIX Swiss Exchange 
Bad Ragaz/Switzerland, July 29, 2021 
  . Second quarter sales of USD 126.3 million 31.3% over previous year and 2.9% over first quarter 2021 figures 
  . Operating profit of USD 22.8 million, operating profit margin of 18.1% after 16.6% a year ago 
  . Higher Sales Guidance of USD 480-500 million (previously USD 450-480 million) at operating profit margin of 18-20% 
  . Half-year report ready for download at https://ir.inficon.com/financial-results-and-presentations/ 
INFICON Holding AG (SIX Swiss Exchange: IFCN) 
reports a markedly stronger (+31.3%) and record-high sales volume for its second quarter 2021 of USD 126.3 million 
compared with a weak prior year. Excluding currency (4.8 percentage points) and minimal acquisition (0.2 percentage 
points) effects, the organic plus was 26.3%. Compared with the first three months of the current year, sales increased 
by another 2.9%. In the Semi & Vacuum Coating market (USD 63.4 million; +18.3% over previous year; + 3.4% over Q1), 
especially the semiconductor business contributed to the strong sales development. INFICON benefitted here both from 
the globally ongoing high demand of the equipment manufacturers as well as the end users. INFICON's biggest target 
market contributed in the reporting quarter as well as in the first half year just over 50% to Group sales. The sales 
generated in the Refrigeration, Air Conditioning & Automotive market (USD 26.4 million; +58.1% over previous year; 
+6.9% over Q1) reached a new high and accounted for a solid 20% of Group sales. Towards the warmer season, sales of 
service tools for traditional refrigeration and air conditioning applications picked up. In the automotive business, 
growth especially stemmed from testing and quality assurance applications for lithium ion batteries on all 
manufacturing levels. The sales recorded in the industrially broadly rooted General Vacuum market reached (USD 30.3 
million; +30.6% over previous year; -7.9% over Q1) and thus contributed a fourth to Group sales. This business remained 
quite stable on a high level, despite the fact that a decline resulted compared with the strong first three months. 
Sales in the Security & Energy market were appealing with USD 6.2 million. The massive growth rates of +129.6% compared 
with the same period of last year and of +63% over Q1 reflect, however, also the weak comparison values. 
In the second quarter, INFICON recorded a gross profit margin of 48.3% after 47.8% a year ago. The ongoing trade 
disputes as well as shortages on the global logistics and sourcing markets put the margins under pressure. INFICON 
invests at several locations into additional shop floor areas, equipment and processes, and hired new experts for its 
development and service teams. Accordingly, the quarter results reveal increased expenses for research and development 
and higher sales, general, and administrative costs. INFICON achieved an operating income of USD 22.8 million in its 
second quarter; this translates into a strengthened margin of 18.1%. After tax, net income amounted to USD 17.6 million 
after USD 12.9 million a year ago. Earnings per share were USD 7.20 compared with USD 5.28 for the same period last 
year. 
 
Half-year 2021 
In the first six months, sales grew by 32% to USD 249 million compared with USD 188.8 million in the first half of last 
year. The gross margin rose from 48.5% to 49.1%. The operating profit increased to USD 47.4 million, up from USD 30 
million a year ago. The operating profit margin thus improved from 15.9% recorded in the first half year of 2020 to now 
19.0%. The net profit for the first six months amounts to USD 37.2 million, up from USD 24.3 million recorded in the 
same period last year. Earnings per share were USD 15.22 for the first half of 2021 compared with USD 9.96 a year ago. 
 
The regional sales decomposition shows for both the second quarter as well as the first half-year broadly based sales 
increases in all regions of the world. Compared with the first quarter of 2021, sales declined parallel to the trend in 
the General Vacuum market in Europe. In the first six months of 2021, INFICON generated 27.5% of its Group sales in 
Europe, 45.8% in Asia and 25.5% in America. In this last market, sales picked up considerably by 18.6% in the last 
quarter over the preceding first quarter. 
The balance sheet of INFICON continues to be solid. At June 30, 2021, INFICON reports a net cash position of USD 26.8 
million. Inventory turns improved from 2.8 to 3.0. After the dividend payments made in April this year, the equity 
ratio amounts to 62% (65% a year ago). INFICON generated in the first half of 2021 a substantially higher operating 
cash flow of USD 43.3 million when compared with the USD 14.8 million a year ago. 
 
Outlook 2021 
The situation in the supply chain is tense; multiple trade restraints continue to exist. The COVID 19 pandemic remains 
a risk factor. Based on the high capacity utilization and the continuously good order intake, INFICON assesses the 
perspectives for the current year quite optimistically. The sales expectations for the full business year are thus 
increased from previously USD 450-480 million to now USD 480-500 million. The expected operating profit margin is 
between 18-20%. 
 
Half-year report 2021 
The full half-year report is ready for download at https://ir.inficon.com/financial-results-and-presentations/. 
Web Conference 
INFICON discusses the second quarter and the half-year results 2021 today at 09:30 a.m. CEST in an English-language web 
conference. Participants will be in a listen-only mode during the presentation. Later, Management will take questions. 
The presentation is available for download at 07:00 a.m. in the investor section of the INFICON website www.inficon.com 
You can access the Microsoft Teams Conference following these links: 
 
http://bit.ly/IFCN_WebConference 
 
https://ir.inficon.com/conference-calls-or-webcasts/ 
 
Communication Calendar 
The communication calendar of INFICON is continuously updated and available on online in the Investor Relations section 
of the INFICON website, https://ir.inficon.com/financial-calendar/. 
 
E-Mail Alerts 
To automatically receive notification via e-mail of the latest financial information from INFICON, sign-up for news in 
the Investor Relations section of the INFICON website at https://ir.inficon.com/contact-and-information-request/. 
 
ABOUT INFICON 
INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control 
software that enhance productivity and quality in sophisticated industrial vacuum processes. These analysis, 
measurement and control products are essential for gas leak detection in air conditioning/ refrigeration, and 
automotive manufacturing. They are vital to equipment manufacturers and end-users in the complex fabrication of 
semiconductors and thin film coatings for optics, flat panel displays, solar cells and industrial vacuum coating 
applications. Other users of vacuum based processes include the life sciences, research, aerospace, packaging, heat 
treatment, laser cutting and many other industrial processes. We also leverage our expertise in vacuum technology to 
provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. 
INFICON is headquartered in Switzerland and has world-class manufacturing facilities in Europe, the United States and 
China, as well as subsidiaries in China, Denmark, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, 
Singapore, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are 
listed on SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com. 
This press release and oral statements or other written statements made, or to be made by us contain forward-looking 
statements that do not relate solely to historical or current facts. These forward-looking statements are based on the 
current plans and expectations of our management and are subject to a number of uncertainties and risks that could 
significantly affect our current plans and expectations, as well as future results of operations and financial 
condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result 
of new information, future events or otherwise. 
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End of ad hoc announcement 
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Language:     English 
Company:      INFICON Holding AG 
              Hintergasse 15 B 
              7310 Bad Ragaz 
              Switzerland 
Phone:        0813004980 
Fax:          081 300 49 88 
E-mail:       matthias.troendle@inficon.com 
Internet:     www.inficon.com 
ISIN:         CH0011029946 
Valor:        1102994 
Listed:       SIX Swiss Exchange 
EQS News ID:  1222515 
 
End of Announcement EQS Group News Service 
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1222515 29-Jul-2021 CET/CEST


 
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July 29, 2021 01:01 ET (05:01 GMT)