INFICON: Preliminary Year-End 2020 Results; Proposed Changes to the Board of Directors; Communication Calendar 2021
Bad Ragaz/Switzerland, January 15, 2021
INFICON Holding AG (SIX Swiss Exchange: IFCN) expects based on preliminary, not yet audited figures sales of around USD 398 million (prior year USD 381.7 million) and an operating income of around USD 62 million (prior year USD 64.8 million).
Publication of year-end results 2020 on March 4, 2021
INFICON presents its detailed year-end 2020 results on March 4, 2021. A media release will be sent out internationally at 0700 a.m. At the same time, the Annual Report 2020 and the Year-End 2020 Presentation will be available for download on www.inficon.com. In addition, a digital analyst and media conference is planned for 09:30 a.m.
Changes to the Board of Directors proposed to Annual General Meeting of March 31. 2021
Dr Thomas Staehelin, 1947, is no longer available for re-election at the forthcoming Annual General Meeting. The Board of Directors thanks Dr Staehelin for his excellent work and his commitment as member of the Board and Chairman of the Audit Committee for many years.
The Board of Directors proposes Dr Reto Suter, 1971, Swiss citizen, for election to the Board of Directors at the Annual General Meeting. Dr Suter studied business administration at the University of Zürich and at the University of Washington, Seattle/USA; he holds a PhD in Banking and Finance from the University of Zürich. Dr Suter is Chief Financial Officer of Siegfried Holding AG since 2017. Prior to this, he held various responsible roles in the industrial, financial and private-equity sector.
Communication Calendar 2021
The Annual General Meeting 2021 is scheduled for March 31, 2021. Whether with or without physical presence will be announced with the invitation at the beginning of March.
The communication calendar of INFICON is continuously updated and available on online at http://bit.ly/IFCN_calendar.
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ABOUT INFICON
INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance productivity and quality in sophisticated industrial vacuum processes. These analysis, measurement and control products are essential for gas leak detection in air conditioning/refrigeration, and automotive manufacturing. They are vital to equipment manufacturers and end-users in the complex fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells and industrial vacuum coating applications. Other users of vacuum based processes include the life sciences, research, aerospace, packaging, heat treatment, laser cutting and many other industrial processes. We also leverage our expertise in vacuum technology to provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. INFICON is headquartered in Switzerland and has world-class manufacturing facilities in Europe, the United States and China, as well as subsidiaries in China, Denmark, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, Singapore, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are listed on SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.