VAT Capital Markets Day 2025

VAT Group AG / Key word(s): Miscellaneous VAT Capital Markets Day 2025 20-May-2025 / 06:30 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. VAT Group is prepared to capture abundant growth opportunities in all its markets based on technology and market leadership coupled with unparalleled customer intimacy Secular digitalization trends remain key drivers of growth, enhanced by AI proliferation, leading to high demand for semiconductor manufacturing equipment Sustainable and profitable growth path to 2029 and beyond confirmed Net sales target for 2027 updated to CHF 1.5 to 1.7 billion Guidance for the five-year period 2025 to 2029: sales growth guidance of low to mid-teens, an EBITDA margin band of 30% to 37% and a free cash flow conversion of 60% to 70% of EBITDA

VAT, the world’s leading manufacturer of high-end vacuum valves, solutions, and services, today updated its strategic priorities and financial targets for the period 2025 to 2029. The company continues to forecast an attractive growth environment, driven by the need for increasingly sophisticated semiconductors to drive digitalization, and benefiting from other megatrends such as renewable energy.

Strategic priorities for profitable growth for 2025 to 2029: 

1. 1. Outgrowing VAT’s underlying markets by up to 2x harnessing VAT’s technology leadership and strategic focus as a pure play in high-growth vacuum-related and leading-edge wafer fab equipment (WFE) segments. This will be enabled by VAT’s global footprint and installed production capacity.
   2. Expanding VAT’s share of wallet (SoW) through products, solutions, and services that are adjacent to VAT’s core valve business, reducing the complexity for our customers and offering them additional value.
   3. Accelerating VAT’s technology differentiation through targeted R&D to capture customer growth opportunities, while securing margins with VAT’s scalable and flexible operating model. Execute VAT’s 2025 to 2029 sustainability strategy and thus create value for all stakeholders.

“VAT remains the undisputed global leader in vacuum valves, and we have further strengthened VAT’s market and technology position since VAT’s last Capital Markets Day in 2022,” said Urs Gantner, VAT Group’s CEO. “We remain at the center of long-term semiconductor market expansion. VAT has further strengthened its technology and market share advantage, and our significant efforts in operational excellence pay off.”