INFICON Reports Increased Results for Second Quarter 2024

INFICON Holding AG has announced its financial results for the second quarter of 2024. The company's revenue increased by 8.3% from the previous quarter, totaling USD 167.0 million. This represents a year-over-year decline of 2.3%, affected by currency fluctuations and acquisitions.

Record quarterly sales were achieved in the Semiconductor & Vacuum Coating and Security & Energy markets. The operating profit margin grew from 19.5% to 20.2%. The net income rose to USD 26.5 million, with earnings per share climbing to USD 10.86. For the full year, INFICON expects revenue between USD 660-690 million and an operating profit margin of about 20%.

INFICON generated USD 19.0 million in operating cash flow in Q2. The equity ratio increased to 64.0%. Sales in Asia were the highest, followed by America and Europe.