INFICON Holding AG has notably increased its sales in financial year 2018 when compared with the previous year. Operating income and net profit of the measurement technology company with a site in Balzers were both up significantly.

According to a press release from INFICON Holding AG, the measurement technology company with a site in Balzers generated sales of US$410.4 million in financial year 2018. When compared with 2017, this corresponds to growth of 9.9 percent. Organic growth was put at 8.0 percent in the press release.

The sales growth of INFICON was attributable to all target markets and world regions. In terms of business areas, the market for Semi & Vacuum Coating increased by 10.5 percent to US$184.6 million. Growth of 7.0 percent was posted in the Refrigeration, Airconditioning & Automotive market, bringing sales to US$81.5 million. Sales to customers in the General Vacuum market picked up by 9.9 percent to US$115.3 million. Security & Energy posted a sales increase of 13.7 percent to US$29.0 million.

For 2018, INFICON recorded operating income of US$81.5 million, which is 10.8 percent more than in 2017.  At the same time, the operating income margin increased from 19.7 percent to 19.9 percent. Net profit after tax was improved from US$59.5 million in the prior year to US$64.2 million in the reporting year. For the current financial year, INFICON expects sales of around US$400 million and an operating income margin of around 19 percent.

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