VAT Group AG Reports Unaudited Sales Results for the Second Quarter and First Six Months of 2021
July 15, 2021 at 06:00 am
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VAT Group AG reported unaudited sales results for the second quarter and first six months of 2021. For the quarter, the company's net sales were CHF 224 million against CHF 173 million a year ago.
For the six months, the company's net sales were CHF 416 million against CHF 319 million 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.