Earnings ForecastPost weak order intake numbers reported by VAT for Q3, the EPS forecast for 2025 is reduced by 18%.
Memory Market ExposureWith its overexposure to memory capex trends, VAT's share price is linked to memory spot prices that have recently accelerated their downward trend and keep falling.
Sales PerformanceSales of CHF 209m are below the guided range CHF 235-255m because technical issues with ERP implementation have delayed revenues of CHF 22m into Q4.