on Comet Holding AG (isin : CH0360826991)
Comet Reports Strong First Half Year Sales Amid Market Uncertainty
In the first half of 2025, Comet Holding AG recorded substantial sales growth, reaching CHF 227.2 million, an increase of 20% from the previous year. This growth was primarily fueled by the Plasma Control Technologies (PCT) division, which saw a 42.4% rise in net sales. EBITDA margin improved to 9.1% from 6.9% a year prior. Despite these figures, adverse currency effects and an unfavorable product/regional mix impacted profitability.
The semiconductor industry remains fraught with macroeconomic uncertainties. Comet's outlook for the second half of 2025 predicts slower sales growth. Full-year sales guidance is now set between CHF 460-500 million with an EBITDA margin ranging from 10% to 14%. Challenges in the volume markets, particularly for NAND, and a projected decrease in incoming orders indicate lower growth expectations for the latter half of the year.
Amidst these challenges, Comet continues to invest in research and development to bolster its product offerings and is expanding its Penang facility. While the short-term outlook is less optimistic, Comet remains committed to navigating the current market dynamics and capitalizing on future opportunities.
R. P.
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