VAT Group AG

VACN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	PKC	LOCK\|$?	LOCK\|JsX^d?

VAT Group: Record Orders Drive 2027 Upgrade; Shares Remain Overvalued

Joachim Kotze

Oct 15, 2026

VAT Group's third-quarter orders surged 193% year on year to a record CHF 697 million, lifting its backlog to CHF 980 million. Sales rose 46% to CHF 376 million, while management now expects 2027 revenue well above its prior CHF 1.7 billion upper target.

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VAT Group AG

VAT Group: Record Orders Drive 2027 Upgrade; Shares Remain Overvalued

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