EQS-Adhoc

INFICON strongly on track - Seite 2

In the second quarter, INFICON recorded a gross profit margin of 48.3% after 47.8% a year ago. The ongoing trade disputes as well as shortages on the global logistics and sourcing markets put the margins under pressure. INFICON invests at several locations into additional shop floor areas, equipment and processes, and hired new experts for its development and service teams. Accordingly, the quarter results reveal increased expenses for research and development and higher sales, general, and administrative costs. INFICON achieved an operating income of USD 22.8 million in its second quarter; this translates into a strengthened margin of 18.1%. After tax, net income amounted to USD 17.6 million after USD 12.9 million a year ago. Earnings per share were USD 7.20 compared with USD 5.28 for the same period last year.

 

Half-year 2021

In the first six months, sales grew by 32% to USD 249 million compared with USD 188.8 million in the first half of last year. The gross margin rose from 48.5% to 49.1%. The operating profit increased to USD 47.4 million, up from USD 30 million a year ago. The operating profit margin thus improved from 15.9% recorded in the first half year of 2020 to now 19.0%. The net profit for the first six months amounts to USD 37.2 million, up from USD 24.3 million recorded in the same period last year. Earnings per share were USD 15.22 for the first half of 2021 compared with USD 9.96 a year ago.

 

The regional sales decomposition shows for both the second quarter as well as the first half-year broadly based sales increases in all regions of the world. Compared with the first quarter of 2021, sales declined parallel to the trend in the General Vacuum market in Europe. In the first six months of 2021, INFICON generated 27.5% of its Group sales in Europe, 45.8% in Asia and 25.5% in America. In this last market, sales picked up considerably by 18.6% in the last quarter over the preceding first quarter.