Comet Holding AG's Growth Continues in 2024

Comet Holding AG reported strong financial growth for the fiscal year 2024. Net sales rose by 12.1%, reaching CHF 445.4 million, and the EBITDA margin increased to 13.6%. The return on capital employed improved significantly to 10.4%. Furthermore, the company announced a 50% increase in dividends, raising them to CHF 1.50 per share.

The semiconductor market recovery played a crucial role in driving Comet's positive results. However, the automotive sector presented challenges, affecting Comet’s x-ray business. Despite these hurdles, the PCT division saw a sales increase of 28.1% to CHF 247.4 million, driven by the commercialization of the Synertia® products.

Looking ahead, Comet forecasts 2025 net sales between CHF 480 million and CHF 520 million, with an EBITDA margin between 17.0% and 20.0%. In leadership changes, Benjamin Loh is set to succeed Paul Boudre as Chairman of the Board.