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2024

The first half year in brief

Continued sequential improvement of orders and sales driven by demand for advanced semiconductor fabrication equipment. VAT confirms previously communicated expectations on market development for 2024 and into next year as semi industry prepares for strong 2025 growth.

Net sales

Net sales
in CHF million

450

2023: 454

Net sales development

Net sales development
in CHF million

EBITDA

EBITDA
in CHF million

135

2023: 132

EBITDA margin
in %

30.1

2023: 29.2

Net sales by segment/region

Net sales
by segment

Net sales
by region

Free cashflow

Free cash flow
in CHF million

26.3

2023: 36.9

Outlook 2024

VAT expects investments in semiconductor manufacturing equipment to continue to grow over the rest of 2024. Based on this, VAT continues to expect higher EBITDA, EBITDA margin, net income, and free cash flow for FY 2024.