Comet Holding AG / Key word(s): Quarterly / Interim Statement Ad hoc announcement pursuant to Art. 53 LR Trading update third quarter 2023
Comet reported net sales of CHF 77.7 million in Q3/23, down 52.9% year-on-year (Q3/22: CHF 164.8 million). Net sales for the first nine months amounted to CHF 284.8 million compared to CHF 432.3 million in 9M/22 (–34.1%). The lower sales are due to the continued weak demand for semiconductor equipment. This primarily affects the Plasma Control Technologies (PCT) division, which is almost entirely focused on the semiconductor industry. The two X-ray divisions, X-Ray Systems (IXS) and X-Ray Modules (IXM), developed differently: while IXM still grew slightly year-on-year in Q3/23, sales in the IXS division fell significantly. Both divisions have felt the general decline in economic momentum over the past three months.
Comet Group End of Inside Information |
Language: | English |
Company: | Comet Holding AG |
Herrengasse 10 | |
3175 Flamatt | |
Switzerland | |
Phone: | +41 31 744 90 00 |
E-mail: | info@comet.tech |
Internet: | www.comet.tech |
ISIN: | CH0360826991 |
Valor: | 36082699 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1752247 |
End of Announcement | EQS News Service |
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1752247 19-Oct-2023 CET/CEST
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