AIXTRON SE — Earnings Release 2002

Aug 7, 2002

News Details

Ad-hoc | 7 August 2002 20:28

Aixtron AG english

AIXTRON: business development in H1 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– H1 2002: revenues EUR 83.3 million (pr. y.: EUR 118.7 million), EBIT EUR 15.7 million (pr. y.: EUR 28.5 million), EBT EUR 17.0 million (pr. y.: EUR 30.4 million), consolidated net income EUR 10.3 million (pr. y.: EUR 16.5 million). Earnings per share EUR 0.16 (pr. y.: EUR 0.26), return on sales after tax 12.4% (pr. y.: 13.9%) and return on equity 74.8% (pr. y.: 54.0%). In Q2 2002, delivery of several systems pushed out to H2: revenues EUR 36.1 million(pr. y.: EUR 58.9 million), EBIT EUR 4.2 million(pr. y.: EUR 14.2 million), EBT EUR 4.7 million (pr. y.: EUR 14.9 million), consolidated net income EUR 3.0 million (pr. y.: EUR 7.8 million). Earnings per share EUR 0.05 (pr. y.: EUR 0.13), return on sales after tax 8.3% (pr. y.: 13.2%). In view of the weak global economy, new orders in Q2 were in line with expectations: EUR 26.1 million (pr. y.: EUR 50.1 million). Order backlog: EUR 110.3 million (pr. y.: EUR 160.7 million). Book-to-bill ratio for systems business: 0.87. Customers’ capital spending behavior worldwide at the close of the second quarter of 2002 is very restrained; system deliveries being postponed to 2003. Forecast for 2002: revenues EUR 160,0 million(pr.y.:EUR 240.1 million), EBT EUR 32.8 million (pr. y.: EUR 57.7 million), consolidated net income EUR 20.0 million (pr. y.: EUR 33.6 million). Planned return on sales after tax 13% (2001: 14%). VLSI Research Inc.: AIXTRON’s global market share rose to 58% in 2001 (2000: 57%), while the main US competitor achieved only about half of that. Current figures point to a further extension of the company’s position as world market leader in 2002. The complete Q2 2002 quarterly report is available as a PDF file at www.aixtron.com. Contact: Dr. Claus Ehrenbeck, AIXTRON AG, +49.241.8909.444 end of ad-hoc-announcement (c)DGAP 07.08.2002 ——————————————————————————– WKN: 506620; ISIN: DE0005066203; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, München, Hamburg, Hannover und Stuttgart 072028 Aug 02