Annual Report 2024
We accelerated growth in orders, sales, and profitability in 2024. We generated net sales of CHF 942 million, up 6% compared to 2023. The full-year EBITDA margin increased by 0.6 percentage points to 31.2%. Free cash flow was around 2023 levels with CHF 183 million.
We expect 2025 to be a growth year for VAT, driven by AI advances, technology transition in semi-related investments, especially for 2nm node manufacturing lines, gate all around (GAA) architectures, and atomic layer deposition (ALD) systems.
