Technique
High demand: Inficon expands capacity by half
The unloader manufacturer in St. Gallen sold more in 2021 and increased profitability. In order to eliminate bottlenecks in production and meet the growing demand, factories were expanded in Europe and America.
Inficon’s US manufacturing site is in Syracuse.
Measurement technology company Inficon, headquartered in Bad Ragaz and one of its production sites in Belzers, benefited from higher demand for vacuum tools in 2021. Net income rose 63 percent to $80 million, and revenue increased 30 percent to $516 million. This is despite bottlenecks in production.
Inficon increased its operating results by 62 percent to $100 million. This improved operating margin from 15.6 to 19.5 percent of sales. The Board of Directors proposes to increase the dividend from 16 Swiss francs to 21 Swiss francs per share.
More growth and expansion in capacity
For fiscal year 2022, Inficon expects sales of between $550 million and $600 million. Operating margin is expected to exceed 20 percent. However, the current geopolitical situation limits the ability to predict.
Despite all the unattainable, Inficon expanded its capabilities in America and especially in Europe in 2021. The company wants to use this to meet the growing demand for its tools and components more flexibly and quickly in the future.
Overall, Inficon is investing about $10 million in America and more than $30 million in Europe in 2021 and 2022. This should halve capacity as part of this two-year expansion programme.
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