VAT Group Logs Lower H1 Net Income, Sales

12:49 AM EDT, 07/22/2026 (MT Newswires) -- VAT Group (VACN.SW) said Wednesday that its net income and net sales for the first half dropped year over year. Net income attributable to owners for the six months ended June 30 was 98.8 million francs, compared with 105.6 million francs a year ago. EPS moved to 3.29 francs from 3.52 francs. The Swiss vacuum valve manufacturer's net sales were 511.9 million francs, compared with 558 million francs a year ago. For the third quarter, the company expects sales between 355 million francs and 385 million francs. The company also affirmed its guidance of higher sales and net income for full-year 2026 compared with the prior year. VAT Group noted that its 2027 sales guidance of 1.5 billion francs to 1.7 billion francs is currently under review.