VAT Group AG Experiences Strong Q1 2026 Order Intake Amid Supply Chain Challenges

VAT Group AG reported a robust order intake in Q1 2026 despite facing supply chain disruptions due to conflicts in the Middle East. The group achieved a book-to-bill ratio of 1.6, with orders reaching CHF 356 million, up 47% year on year. However, the revenue recognition was temporarily hindered, impacting sales by approximately CHF 20-25 million.

The semiconductor sector significantly boosted VAT's performance, with orders rising by 38% quarter on quarter. Despite a sequential sales decline of 14%, the company remains optimistic, maintaining its positive outlook for 2026. The global demand for advanced chip manufacturing tools continues to strengthen, backed by substantial investments in AI-driven technology.

VAT navigated supply chain issues by rerouting shipments and finding alternative component sources. The company expects no significant effect on its full-year sales outlook. For Q2 2026, VAT projects sales between CHF 265-295 million, with sustained demand supporting the industry’s expansion.