COMET Group: Continuation of Strong and Profitable Growth to 2020
December 08, 2015
By 2020 the COMET Group plans to grow its sales to CHF 500 million, with an EBITDA margin of 16%-18%...
By 2020 the COMET Group plans to grow its sales to CHF 500 million, with an EBITDA margin of 16%-18%.
Its Strategy 2020, presented at Investor Day 2015, focuses on new applications that leverage fast-growing trends, on bringing the Group's strengths together for maximum effect, and on working in close partnership with key accounts.
For 2015, as a result of the short-term delay in investment in the Asian semiconductor market and the continuing low demand from China in the second half of the year, the Group expects sales to be off slightly year-over-year at CHF 275-285 million, with an EBITDA margin of 12.5%-13.5%. For 2016 the COMET Group is projecting growth of about 10% to CHF 300-320 million, with an EBITDA margin of 14%-16%. Significantly, the ebeam activities will be upgraded to a separate business segment from the start of fiscal 2016.
The COMET Group has successfully strengthened its position over the past several years. Its Strategy 2015, which aimed at the intensified marketing of innovative products and technologies and the accelerated development of high-growth business segments, has been consistently executed. Since 2012 the Group was able to generate strong growth and significant value-added. Customer relationships were deepened effectively, important development orders were won and the stage set for further vigorous growth along current market trends.
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