VAT Group AG (19V.F,VACN.SW) reported first quarter sales of 221 million Swiss francs, down 20% year on year, or down 9% on a constant currency basis. Order intake was 356 million francs, up 47% year on year, or was up 67% on a constant currency basis.VAT confirmed the positive outlook provided at the full-year announcement in early March. VAT expects full-year 2026 orders, sales, EBITDA, EBITDA margin, net income, and free cash flow to be higher than in 2025. For the second quarter, VAT expects sales of 2 ...