INFICON Holding AG Reports Earnings Results for the Full Year Ended December 31, 2022
March 02, 2023 at 08:26 pm IST
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INFICON Holding AG reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 581.3 million compared to USD 515.78 million a year ago. Net income was USD 88.53 million compared to USD 80.31 million a year ago.
Basic earnings per share from continuing operations was USD 36.22 compared to USD 32.87 a year ago. Diluted earnings per share from continuing operations was USD 36.22 compared to USD 32.87 a year ago.
INFICON Holding AG (INFICON) provides instruments for gas analysis, measurement and control. These analysis, measurement and control products are applicable in gas leak detection in air conditioning, refrigeration, and automotive manufacturing. The Company's products are also applicable in fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells, light-emitting diode (LED) lighting, and industrial vacuum coating applications. Other users of vacuum-based processes include the life sciences, research, aerospace, food and general packaging, heat treatment, laser cutting, oil and gas transportation and processing, alternative energy, utilities, and other industrial processes. The Company provides toxic chemical analysis products for emergency response, security, and environmental monitoring, as well as instruments for energy and petrochemical applications.