VAT Group AG Reports Preliminary Growth in Q4 and FY 2024 Results

VAT Group AG has announced preliminary results for the fourth quarter and full year of 2024, highlighting growth in both orders and sales. The company's performance aligns closely with its guidance as it benefits from the ongoing recovery in the semiconductor markets. Orders reached approximately CHF 268 million in Q4, a 13% increase from the previous year. Sales also showed a significant rise, ending at CHF 283 million, up 28% from Q4 2023.

For the entire year, VAT's order intake totaled CHF 1,034 million, marking a 49% increase from 2023. Meanwhile, net sales climbed by 6% to CHF 942 million. The EBITDA margin slightly exceeded 31%, despite unfavorable currency fluctuations. The semiconductor business within the Valves segment drove growth, while the Global Service segment saw improvements over the year.

VAT is set to propose the election of Clara-Ann Gordon and Mike Allison as new board members at the upcoming AGM, with Karl Schlegel retiring from the board. The detailed update for 2025 will be shared with the final full-year results in March.