VAT Group AG Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021
October 15, 2021 at 01:01 am EDT
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VAT Group AG provided earnings guidance for the fourth quarter and full year of 2021. For the quarter, the company reported net sales expected at CHF 240 - 250 million.
For the year, the company expects net sales forecast at CHF 885 million to CHF 895 million. net income for the year is expected to be substantially higher than in 2020. Net income for the year is expected to be substantially higher than in 2020.
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 
