INFICON Holding AG Provides Preliminary Unaudited Earnings Guidance for the Year 2021
January 14, 2022 at 01:00 am EST
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INFICON Holding AG provided preliminary unaudited earnings guidance for the year 2021. For the year, the company expects sales to be around USD 515 million (prior year USD 397.8 million) and an operating income to be around USD 100 million (prior year USD 61.9 million).
INFICON Holding AG (INFICON) provides instruments for gas analysis, measurement and control. These analysis, measurement and control products are applicable in gas leak detection in air conditioning, refrigeration, and automotive manufacturing. The Company's products are also applicable in fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells, light-emitting diode (LED) lighting, and industrial vacuum coating applications. Other users of vacuum-based processes include the life sciences, research, aerospace, food and general packaging, heat treatment, laser cutting, oil and gas transportation and processing, alternative energy, utilities, and other industrial processes. The Company provides toxic chemical analysis products for emergency response, security, and environmental monitoring, as well as instruments for energy and petrochemical applications.