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COMET Holding AG ( (CH:COTN) ) has shared an update.
Comet Holding AG reported a robust first quarter in 2025, with net sales rising by 37.5% to CHF 111.2 million and order intake increasing by 30.2% to CHF 118.5 million compared to the previous year. The growth was primarily driven by the semiconductor industry’s demand, particularly in AI applications and data centers, despite challenges in consumer electronics. Comet’s strategic focus on the semiconductor sector and the launch of new products like the Synertia range and CA20 system are expected to bolster its market position and drive future growth.
More about COMET Holding AG
Comet is a globally leading Swiss technology company specializing in plasma control and X-ray technology. It provides high-tech components and systems that enhance product quality and production efficiency across industries such as semiconductor, electronics, automotive, and aerospace. Headquartered in Flamatt, Switzerland, Comet operates worldwide with over 1,800 employees and maintains production sites and subsidiaries in multiple countries.
YTD Price Performance: -23.14%
Average Trading Volume: 38,404
Technical Sentiment Signal: Sell
Current Market Cap: CHF1.46B
Learn more about COTN stock on TipRanks’ Stock Analysis page.