VAT Group stock falls 1.99 percent on SIX

Published on 09/24/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VAT Group stock reflects CHF 856 million in H1 orders after July 22, 2026. H1 revenue reached CHF 512 million and Q3 sales guidance is CHF 355 million to CHF 385 million.

Aquarellmalerei eines Industriestandortes im Schweizer Alpental, VAT Group AG — VAT Group AG CH0311864901 präsentiert Aquarellbild eines Schweizer Industriestandortes im Alpental nahe Fluss und Bergen, Illustration mit AI erstellt.

VAT Group stock (ISIN CH0311864901) was trading at CHF 648.80 on SIX on September 24, 2026, down 1.99 percent from the previous close. The move came as the Swiss valve maker balanced a sharp order intake increase against investment related pressure on earnings.

Orders rise 75 percent

VAT Group said in its half year 2026 update that order intake increased 75 percent year over year, supported by demand from semiconductor and service markets, according to the company's investor relations page dated July 22, 2026.

The reported increase translated into H1 order intake of CHF 856 million, according to Muffett Investments. That comparison is important because order intake was rising faster than the company's sales base, pointing to stronger future production demand while also raising execution requirements.

Revenue reaches CHF 512 million

VAT Group posted H1 2026 revenue of CHF 512 million, compared with CHF 510 million expected in the same period, according to MarketScreener. The small positive variance contrasts with the much larger order intake gain, making conversion of the backlog into revenue the key operating measure.

For the third quarter of 2026, sales guidance stands at CHF 355 million to CHF 385 million. Simply Wall St also reported that VAT Group maintained its full year 2026 expectation for higher sales and higher net income than in 2025.

Stock stays below yearly high

At CHF 648.80 on September 24, 2026, the stock stood 10.78 percent below its 52-week high of CHF 727.20 and above its 52-week low of CHF 305.10. Market capitalization was CHF 19.44 billion on the same date, leaving valuation sensitivity tied to the pace at which orders become reported sales.