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Media Release Haag , Switzerland , August 5 , 2021 RECORD Q2 AND H1 2021 RESULTS DRIVEN BY CONTINUED HIGH MARKET GROWTH AND STRONG BUSINESS EXECUTION ; SECOND HALF 2021 RESULTS EXPECTED TO BE ABOVE FIRST SIX MONTHS Q2 2021 results Group orders up 43 % and sales up 29 % vs 2020 ; driven by technology advances and investments in additional chip manufacturing capacity due to accelerating pace of digitization Strong operational performance amid supply chain risk ; increased global footprint and supply chain strengthens production continuity Half - year 2021 results VAT benefits from leading market position and technological leadership Orders up 38 % year - on - year , sales increased by 31 % vs H1 2020 Record EBITDA margin of 33.9 % , up 420 basis points on operational leverage and strong productivity and cost focus Outlook for remainder of 2021 in CHF million Global semiconductor capex outlook remains very positive and industrial recovery is expected to continue ; supply chain challenges remain a risk factor VAT expects H2 results to be higher than in the first six month of the year , FY 2021 net sales ¹ , EBITDA , EBITDA margin , net income and free cash flow to be substantially above 2020 2021 capital expenditure at circa CHF 40 million Guidance for Q3 2021 - VAT expects sales¹ of CHF 220-230 million ( includes Q3 supply chain risk ) Q2 2021 Order intake Net sales " Ad hoc announcement pursuant to Art . 53 LR " Order Backlog Half - year 2021 in CHF million Order intake Net sales EBITDA EBITDA margin Q2 2021 253.5 224.2 Jun . 30 , 2021 218.3 Net income Basic earnings per share ( EPS , in CHF ) Capex Free cash flow4 3 Year - on - Year 4 Number of employees ( in FTE ) 5 1 At constant foreign exchange rates 2 Quarter - on - Quarter Q1 2021 240.7 192.2 Mar. 31 , 2021 193.2 VAT CHANGE² + 5.4 % + 16.6 % Change ³ + 13.0 % 1 6M 2021 494.2 416.4 141.2 33.9 % 99.2 3.31 13.0 60.7 2'258 Free cash flow is calculated as cash flow from operating activities minus cash flow from investing activities 5 Full - Time Equivalents ( FTE ) Q2 2020 176.8 173.4 Jun . 30 , 2020 153.5 6M 2020 358.1 318.9 94.8 29.7 % 55.7 1.86 11.6 39.9 2'013 CHANGE 3 + 43.4 % + 29.3 % CHANGE 4 + 42.3 % Change + 38.0 % + 30.6 % + 49.0 % + 4.2ppt + 78.0 % + 78.0 % + 11.7 % + 52.0 % + 12.2 %