Vat Group Ag Reports Earnings Results for the Half Year Ended June 30, 2021
August 05, 2021 at 04:21 am EDT
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VAT Group AG announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CHF 416.381 million compared to CHF 318.932 million a year ago. Net income was CHF 99.210 million compared to CHF 55.727 million a year ago. Basic earnings per share from continuing operations was CHF 3.31 compared to CHF 1.86 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 
