VAT Group AG (19V.F,VACN.SW) reported preliminary fourth-quarter sales of 257 million Swiss francs, ahead of the guidance range of 225 to 245 million francs. Fourth-quarter sales declined 9% year on year. Adjusted for the sales shifted from the third-quarter 2024 to the fourth-quarter 2024, sales would have been down 1%. The company recorded preliminary fourth-quarter orders of around 305 million francs, up 14% year on year.
The company said its detailed results and an update on the outlook for 2026 will be provided with the release of the full-year 2025 results on March 3, 2026.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.