INFICON’s revenue in the third quarter of 2019 was just below that of the previous quarter, while operating result and profit margin improved. In the fourth quarter, the measuring technology company plans to reach its target value.

INFICON generated revenue of 93.2 million dollars in the third quarter of 2019, announced a statement. In a year-on-year comparison, this equates to a drop of 8.1 per cent. “In the context of increasing trade and geopolitical uncertainty and the lower than expected recovery in the semiconductor market” sales were “constant, with a decrease of 3.5 per cent below the previous quarter”, writes the measurement technology company. INFICON Holding AG is headquartered in Bad Ragaz and has one of its three production sites in Balzers in neighbouring Liechtenstein.

In the core business area of Semi & Vacuum Coating, sales were down by 1.6 million dollars to 40.1 million dollars in the reporting quarter. Sales in Europe and the USA remained “fairly stable”, but the expected recovery in Asia failed to materialize due to “increasing global uncertainty in trade and geopolitics”, according to the statement. In the General Vacuum business area, INFICON’s sales soared by 7.2 per cent over the second quarter of 2019 to 26.7 million dollars.   

The operating result was also higher than in the previous quarter, with a value of 16.3 million dollars. Operating profit margin improved too, from 16.3 per cent to 17.5 per cent. Net profit of 12.4 million dollars was 0.6 million dollars higher than in the second quarter of the year. The corresponding profit margin simultaneously rose from 12.2 per cent to 13.3 per cent.  

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