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Business on the rise for Comet Group

18.03.2021

Comet Group employs 1,400 people worldwide, including 500 at its headquarters in Flamatt. © Corinne Aeberhard
Comet Group employs 1,400 people worldwide, including 500 at its headquarters in Flamatt. © Corinne Aeberhard

Comet Group achieved a turnover of 395.8 million francs in 2020, up 6.5% compared to 2019. The manufacturer of Flamatt benefited from the dynamics of the electronics and semi-trailer markets. -conductors.

Comet Group’s net profit amounted to 27.7 million francs, up 12 million francs compared to 2019. Last year, the Singaporean industrialist sold a sector of activities to Tetra Pak, this which has contributed to an exceptional financial gain of 4 million francs.

The pandemic has increased the demand for cloud services, video conferencing solutions, video games, 5G technologies and other technical tools. This phenomenon has increased the demand for semiconductor components and has helped the group to compensate for the difficulties of sectors experiencing a structural slowdown or due to the pandemic (automotive, aeronautics, security).

For the current financial year, Comet Group expects sales of between 430 and 460 million francs.


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