VAT Group AG Reports Earnings Results for the Half Year Ended June 30, 2022
August 10, 2022 at 08:12 am EDT
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VAT Group AG reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CHF 548.96 million compared to CHF 416.38 million a year ago. Net income was CHF 147.57 million compared to CHF 97 million a year ago. Basic earnings per share from continuing operations was CHF 4.92 compared to CHF 3.23 a year ago. Diluted earnings per share from continuing operations was CHF 4.92 compared to CHF 3.23 a year ago.
VAT Group AG is a Switzerland-based company engaged in the manufacture of industrial valves. The Company focuses on designing and producing vacuum valves for semiconductor, display and solar panel manufacturing, as well as for a range of industry and research applications. Its activities are divided into three business areas: Valves, Global Services and Industry. The Valves division provides isolation, control and transfer valves used in vacuum-based manufacturing processes. The Global Services area offers advisory and after sales services, such as trainings, equipment repair and overhaul, valve upgrade and spare parts sale. The Industry segment manufactures and markets welded bellows, machine parts, mechanical components and assemblies. The Company operates worldwide.
VAT GROUP AG 
