Comet Holding AG / Key word(s): Annual Results
04-March-2022 / 06:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Full-year 2021
– Sales growth of 29.8% to CHF 513.7 million (FY20: CHF 395.8 million)
– EBITDA margin of 20.0%, up from 14.8% in 2020
– Return on capital employed (ROCE) nearly doubled to 26.8% (FY20: 13.6%)
– Delivery commitments to customers met in full despite supply chain challenges
Outlook for 2022
– Health of workforce and ability to deliver as first priorities
– Capacities in place to meet customer’s needs in all target markets
– Continued investments in R&D, capacities, digitalization
– Committed to promoting corporate culture and sustainability
In the second year of the COVID-19 pandemic, Comet again achieved robust results. The Group successfully managed the pandemic-related bottlenecks in the global supply chains, maintaining the ability to deliver dependably to customers. The Group took advantage of its opportunities in the semiconductor…
