Inficon Holding Ag · SIX:IFCN
Inficon — Q1 2026 Earnings Presentation
20 slides from Inficon's earnings presentation, Apr 24, 2026
Slide 1: Earnings Release
Earnings Release Analyst/Media Conference Q1 2026 April 24, 2026
Slide 2: Agenda & Speakers
Agenda & Speakers Oliver Wyrsch, CEO Matthias Tröndle, CFO Dimitrij Lisak, CFO (until June 30, 2026) (successor from July 1, 2026) • Key Messages & Figures of Quarter • Quarter Financials • Target Market • Guidance Business Review • Corporate Calendar • Full Year Expectations
Slide 3: 2026 Q1 Results
2026 Q1 Results Strong quarterly sales result and strong order momentum, with Book-to-Bill ratio well above 1. Solid underlying profitability, one-off restructuring costs Sales Sales Q1 2026 • Strong Q1 Sales of 181 MUSD growing +14% YoY and -2% compared to the previous record-quarter. Book-to- (Q1
Slide 4: Worldwide Markets & Sales
Worldwide Markets & Sales Strong quarter and growth in all regions compared to prior year Worldwide Sales Share in Q1 2026 by Region Quarterly Sales Trend by Region Europe 24% Europe China Americas 29% 20% Asia Pacific 26% Q1 2026 Sales and Growth by Region Asia Pacific: ~ 47 MUSD +30.5 % China: ~ 5
Slide 5: Semiconductor & Vacuum Coating – Performance & Outlook
Semiconductor & Vacuum Coating – Performance & Outlook Leading position with strong multi-year performance. Industry upcycle gaining momentum and expected to significantly accelerate through 2026. Trade tensions and geopolitical risks remain Performance Sales to Semi & Vacuum Coating Sales Q1 ‘26 by
Slide 6: Automotive & Refrigeration, Air Conditioning – Performance & Outlook
Automotive & Refrigeration, Air Conditioning – Performance & Outlook Strong position. Multi-year growth sustained through industry consolidation and market headwinds Performance Sales to Automotive & Sales Q1 ‘26 by Region (in MUSD) • Sales growth QoQ of +11% and +3% YoY backed by solid order intake
Slide 7: General Vacuum – Performance & Outlook
General Vacuum – Performance & Outlook Strong Sales growth. Broad industrial market addressed through multi-brand strategy and long- term channel partners. Strong position across sub-markets Performance Sales to General Vacuum Sales Q1 ‘26 by Region +10.2% CAGR (2020 – 2025), (in MUSD) (in MUSD) • S
Slide 8: Security & Energy – Performance & Outlook
Security & Energy – Performance & Outlook Strong position, defense budgets increasing. Recent order activity highlights long-term attractiveness. Good diversification factor versus other end markets Performance Sales to End Market Security & Energy Sales Q1 ‘26 by Region • Security & Energy decrease
Slide 9: Expectations 2026
Expectations 2026 INFICON raises full-year 2026 guidance. Orders strong across key markets, Semiconductor industry accelerates. • INFICON is confident regarding the order situation and market outlook. A strong Semiconductor upcycle is gaining momentum. Risks and unfavorable effects due to trade disp
Slide 10: Recently at INFICON
Recently at INFICON Great moments that drive us forward… Thought Leadership: Strengthening Expanding Global Service Vacuum Instruments for Smart Manufacturing Through Agility & Repair Capabilities Fermilab Project Mu2e Trends in Semi Fabs Grand Opening of Analyst Visit, Balzers New Product Company-w
Slide 11: Agenda & Speakers
Agenda & Speakers Oliver Wyrsch, CEO Matthias Tröndle, CFO Dimitrij Lisak, CFO (until June 30, 2026) (successor from July 1, 2026) • Key Messages & Figures of Quarter • Quarter Financials • Target Market • Guidance Business Review • Corporate Calendar • Full Year Expectations
Slide 12: Q1 2026 Highlights
Q1 2026 Highlights Strong orders and sales, solid underlying profitability impacted by one-off restructuring costs Book to Bill Sales Gross Margin % Operating Income >1 Equity Ratio Operating Cash Flow Net Cash CAPEX Except otherwise noted, all comparisons vs. previous year Q1 Note: All figures in M
Slide 13: Sales
Sales Strong YoY growth of 14.4%, in all regions and major markets Q1 2026 Sales and Growth by Region Asia Pacific: ~ 47 MUSD +30.5 % China: ~ 52 MUSD +6.7 % Europe: ~ 44 MUSD + 22.0 % Americas: ~ 37 MUSD + 0.2 % Total: ~ 181 MUSD + 14.4 % (including ROW) (vs. Q1 2025) Note: All figures in MUSD Tota
Slide 14: Operating expenses
Operating expenses Cost growth mainly from restructuring and FX, structural discipline maintained, efficiency measures in execution R&D cost (in MUSD) SG&A (in MUSD) Increase by 10.9%, reflecting Up 17.8%, mainly driven by one- continued investments support off restructuring effects and upcoming pro
Slide 15: Gross Profit and Operating Income
Gross Profit and Operating Income Adjusted for one-off restructuring costs, Gross Margin and Operating Income develop solidly despite ongoing foreign exchange and tariff headwinds. Gross Profit Margin Operating Income (in MUSD) • Operating Income structurally solid • Persisting negative Tariff and F
Slide 16: Income Tax and Net Income Development
Income Tax and Net Income Development Income Tax (in MUSD) Net Income (in MUSD) Income tax increased by 21.8% Net income decreased by 7.3% YoY, YoY, reflecting a higher tax rate with margin declining to 12.8% (22.5% vs. 18.0% in Q125) due (15.8% in Q1 2025), mainly driven to timing and mix effects b
Slide 17: Balance Sheet Highlights
Balance Sheet Highlights Balance sheet consistently solid Balance Sheet structure 2026 Operating Cash Flow Q1 26 Q4 25 Net Cash 96.5 81.2 DSO 49.1 48.5 Inventory Turns 2.5 2.4 Working Capital 241.5 229.1 Operating Cash Flow 21.7 26.1 Note: All figures in MUSD Totals presented may not sum due to roun
Slide 18: Full-Year 2026 Guidance
Full-Year 2026 Guidance Full-year 2026 guidance raised. Strong order intake and acceleration in the Semiconductor market, improved operational efficiencies Sales (MUSD) Operating Income (MUSD) 710-750 Strong order intake and a solid outlook across most target markets, particularly an acceleration in
Slide 19: Thank you for your attention. Q&A
Thank you for your attention. Next Events on Corporate Calendar 2026 Analyst Visit in Balzers, FL May 27, 2026 Q&A Q2 2026 Media conference Q3 2026 Media conference July 30, 2026 Oct 27, 2026 Analyst Visit in Balzers, FL Nov 19, 2026 inficon.com/analyst-visit **dates are subject to change**
Slide 20: INFICON believes that a deep understanding of our customers' challenges
INFICON believes that a deep understanding of our customers’ challenges and their visions for success are paramount to everything we do. These long-standing partnerships and the commitment to see our customers succeed inspire our dedicated, talented employees to develop and build market- leading ins