COMET AG, Switzerland

News

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COMET embarks upon the second half of the year with a new corporate identity and new name for its US business

Technology with Passion! To underline the expansion of our products, technology and service capabilities we change to a new look starting July 1, 2010. The new logo of COMET is clear and self-assured, clean and simple, technology-focused and forward-looking. This is how we see the new COMET.

In addition COMET North America Inc. will be renamed to COMET Technologies USA, Inc. from July 1. This is due to the consolidation of all the COMET Group's US offices into one legal entity.

30.06.10
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COMET introduces new logo

Over the last few years the COMET family has continued to develop and has enjoyed strong growth with the acquisition of Feinfocus and YXLON. Integration of the main organizational structures and processes is now complete. The launch of the new "COMETGROUP" brand represents the first step for the company to bring its visual identity into line with the formal organizational structure.

31.03.10
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COMET wins Swiss Technology Award

With its newly developed e-beam-source, COMET achieved the first place in the Swiss Technology Award competition. The compact, low voltage and long-life e-beam source from COMET allows sterilization processes in the food and pharmaceutical industries now to be made more environmentally friendly and more cost-effective.

10.11.09
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COMET: Macroeconomically induced demand decline and high restructuring costs lead to significant loss in first half of 2009

Flamatt, August 24, 2009. The COMET Group’s results in the first half of the year reflected the global economic downturn in the company’s markets. The world-leading manufacturer of components and systems for non-destructive testing, security and semi-conductors recorded a sales decline of 36% compared to the strong first half of 2008, and an operating loss (EBIT) of CHF 12.9 million after high special charges of CHF 6.1 million. The rapid and timely measures to reduce costs and boost efficiency are beginning to show positive effects, which will increasingly make themselves felt in the second half of 2009. The first six months thus already brought a positive free cash flow of CHF 1.1 million. COMET continues to have a sound balance sheet.
24.08.09
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COMET to push the X-ray generator product line and to realise location synergies

F l a m a t t, 29 April 2009. The COMET Group, one of the world's leading manufacturers of components and systems for the growth markets of non-destructive testing, security and semiconductors, is pushing the expansion of the X-ray generator product line, among other things by transferring the entire generator development and production activities from YXLON in Hamburg to the Modules & Components Division in Switzerland. At the same time, plans are in place to transfer the core activities from the Garbsen location (Feinfocus) to Hamburg, the main site of the Systems Division, and to close the Garbsen location.
29.04.09
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