SWX:VACNMachinery
How VAT Group’s Q4 Order Rebound Amid Softer Sales At VAT Group (SWX:VACN) Has Changed Its Investment Story
In January 2026, VAT Group AG reported preliminary results showing fourth-quarter 2025 net sales of CHF 257 million, down from CHF 283.2 million a year earlier, while full-year 2025 net sales rose to CHF 1,073 million from CHF 942.2 million.
An interesting detail is that preliminary fourth-quarter orders climbed to about CHF 305 million, growing both sequentially and year on year, even though full-year 2025 orders stayed roughly flat at around CHF 1,033 million.
We will now examine how the...