Comet Holding slashes 2025 dividend by two-thirds despite sales growth
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices dip after 5-day winning streak; set for weekly surge on Iran conflict Trump replaces Homeland Security chief Kristi Noem Wall Street ends lower on escalating Iran conflict, report of AI export curbs Trump says he must be involved in selecting Iran’s next leader (South Africa Philippines Nigeria) Comet Holding slashes 2025 dividend by two-thirds despite sales growth By Author Navamya Acharya Earnings Published 03/06/2026, 01:19 AM Comet Holding slashes 2025 dividend by two-thirds despite sales growth 0 COTNE -1.32% Investing.com -- Comet Holding AG (SIX: COTNE ) on Friday slashed its dividend by two-thirds after free cash flow collapsed 80% in 2025, as a weaker dollar and unfavorable product mix eroded margins even as the Swiss semiconductor technology company posted modest sales growth. The Flamatt-based company proposed a dividend of CHF 0.50 per share at its April 14 annual general meeting, down from CHF 1.50, after free cash flow fell to CHF 8.5 million from CHF 41.4 million. Stay ahead with live news, stock impact insights, and Wall Street analysis - save 50% Full-year net sales rose 2.6% to CHF 457 million, or 7.3% stripped of currency effects, but EBITDA dropped 20.1% to CHF 46.3 million, compressing the margin to 10.1% from 13.0%. For 2026, Comet forecast net sales and adjusted EBITDA margin would significantly exceed 2025 levels, while flagging roughly 3 percentage points of one-off charges tied to its new Penang, Malaysia site and an efficiency program. "The semiconductor ramp is clearly visible, although the timing for 2026 remains open," the company said. Losses deepened at x-ray inspection unit IXS, where EBITDA deteriorated to negative CHF 7.5 million from negative CHF 4.3 million, pushing its margin to negative 6.8%. Net sales fell 4.4% to CHF 110.8 million, weighed down by double-digit million investments in its CA20 semiconductor inspection system and soft industrial demand. Restruc...
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