In the Investor Relations section, you find all relevant news concerning the business development, the financial performance as well as corporate governance related themes including the annual shareholder information.
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Half-Year Report 2025

Strong top line growth in the first six months of 2025 despite continued global uncertainties and FX challenges. Orders down 3% but flat at constant FX, sales up 24% or 28% at constant FX. The half-year EBITDA increased to CHF 165 million, up 22% or 33% at constant FX, while free cash flow grew 93% to CHF 51 million.

We continue to expect 2025 to be a growth year for VAT, driven by AI advances, technology transition in semi-related investments, especially for 2nm node manufacturing lines, gate all around (GAA) architectures, and atomic layer deposition (ALD) systems.

 

Annual Report 2024

We accelerated growth in orders, sales, and profitability in 2024. We generated net sales of CHF 942 million, up 6% compared to 2023. The full-year EBITDA margin increased by 0.6 percentage points to 31.2%. Free cash flow was around 2023 levels with CHF 183 million.

We expect 2025 to be a growth year for VAT, driven by AI advances, technology transition in semi-related investments, especially for 2nm node manufacturing lines, gate all around (GAA) architectures, and atomic layer deposition (ALD) systems.

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