Ad-hoc release in compliance with stock exchange regulations
COMET Group announces provisional results for 2016
Flamatt, Switzerland – February 13, 2017
The COMET Group is on track for success with its growth strategy 2020. The investment of the previous years in expanding customer relationships, in innovation and in market development paid off. In 2016 the Group accelerated its growth from the pace of recent years. It achieved the best results since the founding of the company, while growing in all core regions.
Consolidated net sales rose 18% to CHF 332.4 million (2015: CHF 282.3 million). The EBITDA margin improved to 14.3% (2015: 12.7%). Both numbers thus surpassed the guidance. Group net income reached a record-high of CHF 27.3 million (2015: CHF 17.1 million).
The audited annual report 2016 with the detailed consolidated results of the COMET Group will be published to coincide with the analyst and media conference on March 15, 2017 in Zurich (location: SIX Swiss Exchange, Convention Point, Selnaustrasse 30).
March 15, 2017
Publication of annual report 2016
April, 20, 2017
August 16, 2017
Publication of half-year report
November 23, 2017
The COMET Group is a globally leading, innovative Swiss technology company with a focus on the x-ray, radio frequency and ebeam businesses. With premium high-tech components and systems, we enable customers in numerous industries to both enhance the quality of their products and make their manufacturing more efficient and eco-friendly. Our innovative solutions under the COMET, YXLON and ebeam brands are in demand for applications such as materials testing and security inspection, the coating and treatment of surfaces, and non-contact sterilization.
Based in Flamatt, Switzerland, the COMET Group has a presence in all world markets. We employ about 1,200 people worldwide, including approximately 370 in Switzerland. Besides production facilities in China, Denmark, Germany, Switzerland and the USA, we maintain various subsidiaries in the USA, China, Japan and Korea. COMET’s stock (COTN) is listed on the SIX Swiss Exchange.