Inficon profit up 3 percent in first quarter

DeWITT — Inficon (SIX Swiss Exchange: IFCN) earned $10.3 million in the first quarter, up slightly from $10 million a year earlier.

Earnings per share for the period totaled $4.64, up from $4.53 in the first quarter of 2011. Net sales declined 1.3 percent to $80.7 million.

Inficon, based in Switzerland, produces high-tech instrumentation, sensors, and process-control software. The firm’s products are used in manufacturing devices like smartphones, flat-screen TVs, and even solar cells.

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The company serves the environmental protection and emergency-response markets as well. Its systems can monitor and analyze air and water, for example, and detect contaminants and dangerous substances.

The company’s largest facility is in DeWitt, where it employs 220 people. Worldwide, the firm employs 850, including 320 in the United States.

 

Contact Tampone at ktampone@cnybj.com

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