AIXTRON SE

Earnings Release • Nov 5, 2003

News Details

Ad-hoc | 5 November 2003 21:15

Aixtron AG english

Revenues and results after 3 quarters on target Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Revenues and results after 3 quarters on target – Confirmation of 2003 forecast – Upturn in customers’ capital expenditures M9/03: revenues EUR 62.5m (pr. y. EUR 118.6m), of which US 21%, Asia 72%, Europe 7%. Nine months results impacted by one-time expenses for restructuring as reported at end of Q1 and provisions of EUR 9.1m in Q2 against inventories as reported at end of Q2. Result M9: EBIT EUR -23.7m (pr. y. EBIT EUR 20.3m), EBT EUR -22.8m (pr. y. EBT EUR 22.0m), EAT EUR -14.2m (2002: EAT EUR 14.9m), EPS EUR -0.22 (pr. y. EPS EUR 0.23). excluding inventories provisions EBIT would have been EUR -14.6m (pr. y. EBIT EUR 20.3m), EBT EUR -13.7m (pr. y. EBT EUR 22.0m), EAT EUR -8.6m (pr. y. EAT EUR 14.9m); Cash at end of M9 EUR 48.0m (previous quarter: EUR 49.8m), with no liabilities to banks. Equity ratio 77%. Order intake in Q3 up by EUR 6.7m to EUR 22.6m (pr. y.: EUR 23.0m) as against the previous quarter’s EUR 15.9m. M9 accumulated order intake EUR 53.6m (pr. y.: EUR 74.0m). The reported order backlog end of M9 58.4m (pr. y.: EUR 143.0m). Q3/03: revenues EUR 21.5m (pr. y. EUR 35.3m), EBIT EUR -2.7m (pr. y. EBIT EUR 4.6m), EBT EUR -2.5m (pr. y. EBT EUR 5.0m), EAT EUR -1.5m (pr. y. EAT EUR 4.6m). EPS EUR -0.02 (pr. y. EPS EUR 0.07). AIXTRON EB confirms forecast 2003: revenues expected in the range of EUR 90.0m to EUR 95.0m (2002: EUR 150.7m) and EAT in the range of EUR -15.2m to EUR -13.5m (2002: EAT EUR 15.3m). The complete Q3/03 report is available as a PDF file at http://www.aixtron.com . Contact: Dr. Claus Ehrenbeck, AIXTRON AG, 49 241 8909 444 This release does not constitute an offer or invitation to subscribe for or purchase any securities. In addition, the securities of AIXTRON Aktiengesellschaft have not been registered under the United States Securities Laws and may not be offered, sold or delivered within the United States or to U.S. Persons absent registration under or an applicable exemption from the registration requirements of the Unites States Securities Laws. Certain of the statements contained herein may be statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. The company assumes no obligation to update any forward-looking information. end of ad-hoc-announcement (c)DGAP 05.11.2003 ——————————————————————————– WKN: 506620; ISIN: DE0005066203; Index: TecDAX, NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 052115 Nov 03