INFICON Achieves Record Results in Fourth Quarter and Fiscal Year 2023
INFICON Holding AG / Key word(s): Annual Results
Corporate Contact |
'Ad hoc announcement pursuant to Art. 53 LR'
Announcement of INFICON Holding AG
Bad Ragaz/Switzerland, March 5, 2024
- Fourth Quarter 2023: Sales USD 174.5 million, plus 9.5% over prior year and 2.6% over Q3 2023; Operating profit USD 38.2 million or 21.9% of sales, plus 12.7% (Q4 2022: USD 33.9 million; 21.3%)
- Full-year 2023: Sales USD 673.7 million, plus 15.9%; Operating profit USD 135.2 million or 20.1% of sales, plus 21.1% (2022: USD 111.6 million; 19.2%); Net profit USD 106.0 million or 15.7% of sales (2022: USD 88.5 million; 15.2%)
- Outlook 2024: Sales of USD 650-700 million with operating profit margin around 20%
- Annual General Meeting of Shareholders and Distribution: Invitation to the AGM, scheduled for April 4, 2024, with all items on the agenda and proposals by the Board of Directors available for download. Proposed distribution per share of CHF 20.00 as ordinary dividend. Payout ratio approximately 53%
- Annual Report and Media/Analyst Conference: The Annual Report 2023 is available online. English language analyst/media conference on the year-end results today at 09:00 a.m. CET in Zürich (OBC Zürich-Europaallee, Europaallee 41, 8021 Zürich). Live streaming via MS Teams at https://ir.inficon.com/conference-calls-or-webcasts/
INFICON (SIX Swiss Exchange: IFCN), a globally leading provider of vacuum technology and Smart Manufacturing sensors and software, reports record-high results both for its fourth quarter and the full business year 2023. Looking ahead, INFICON is confident to pursue its growth path based on its customer proximity, its market-leading product and service pipeline, and ongoing expansion projects, leveraging its leading vacuum technology and Smart Manufacturing expertise into an expanding range of dynamically growing application areas and industries. For the current business year 2024, INFICON expects to achieve sales of USD 650-700 million at an operating profit margin of around 20%.