Interim report
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INFICON Corporate Contact Matthias Tröndle Chief Financial Officer +423 388 3510 matthias.troendle@inficon.com INFICON continuing strong and on record course • ● • • Third quarter sales of USD 122.2 million 32.8 % over last year and 3.2 % below second quarter 2021 Operating income of USD 22.0 million , operating income margin 18.0 % after 11.4 % a year ago INFICON expands capacities for future growth Raised sales guidance of USD 490-510 million ( previously USD 480-500 million ) at 18-20 % operating income margin Bad Ragaz / Switzerland , October 21 , 2021 INFICON Holding AG ( SIX Swiss Exchange : IFCN ) reports sales of USD 122.2 million for the third quarter 2021 , a figure very close to the record level of USD 126.3 million recorded in the previous quarter . Compared with the same period of last year , INFICON increased sales markedly by 32.8 % . Excluding currency effects ( +1.8 percentage points ) and effects from acquisitions ( +0.3 percentage points ) , the organic plus was 30.7 % . Production runs at full capacity in practically all areas . At all major manufacturing sites , INFICON is continuing to invest into its production capabilities ( equipment , clean rooms , and calibration capacities ) , processes and personnel , in order to meet the rising demand better and without restrictions . In addition , certain bottlenecks in sourcing and in the logistics in Asia have limited an even more rapid growth and created additional cost . With a view to the well - filled order books , INFICON raises its sales guidance from previously USD 480 - 500 million to now USD 490 - 510 million . The expected operating income margin is 18 – 20 % . In the Semi & Vacuum Coating market ( USD 59.2 million ; + 39.6 % ) , the semiconductor business largely contributed to the strong sales development . The special challenges mentioned above , led , however , to a decline of 6.6 % compared with the previous quarter . Both the OEM business as well as the end consumer markets continue to flourish mainly in Asia and in China in particular . The vacuum coating business was flat on a solid level . Sales in the market for Refrigeration , Air Conditioning & Automotive ( USD 24.2 million ; + 27.4 % year - over - year ; -8.3 % over Q2 ) also picked up considerably in the year - over - year comparison . The refrigeration and air conditioning business developed nicely , while the automotive market suffered from material shortages and production stops at certain customers , which curtailed the demand for INFICON products . E - mobility continued to grow . In the General Vacuum market , INFICON achieved a record - high sales level of USD 33.5 INFICON Holding AG Hintergasse 15 B , CH - 7310 Bad Ragaz Tel . +41 81 300 4980 , Fax +41 81 3004988 www.inficon.com 1/4 14