AIXTRON SE

Earnings Release • May 8, 2007

News Details

Corporate | 8 May 2007 08:05

Correction – AIXTRON AG: AIXTRON with Record Revenues in First Quarter of 2007

AIXTRON AG / Quarter Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Corrected announcement on behalf of the issuer:

In today's corporate news from 7:29 am CET, the headline instead of :
'AIXTRON with Record Revenues in First Quarter of 2006' must read 'AIXTRON
with Record Revenues in First Quarter of 2007'

The complete corrected announcement is:

AIXTRON with Record Revenues in First Quarter of 2007

Quarterly Revenues: EUR 63.8 mil., EBIT: 8.2 mil.

Net Income: EUR 7.6 mil.

Equipment Order Intake: EUR 40.5 mil.

Strong Demand out of Asia

Guidance for Fiscal Year 2007 Reiterated

Aachen, Germany, May 8, 2007 – AIXTRON AG (FSE: AIX, ISIN DE0005066203;
NASDAQ: AIXG, ISIN US0005066203), worldwide leading provider of deposition
equipment to the semiconductor industry, today announced financial results
for the first quarter of 2007, ended March 31, 2007.

Key Financial Figures

(million €) Q1 2007 Q1 2006
Sales revenues 63.8 32.0
Gross profit 24.2 12.0
Gross margin, % revenues 38% 38%
Operating result 8.2 -3.1
Net result 7.6 -3.1
Net result per share – basic 0.09 -0.04
Net result per share – diluted 0.09 -0.04
Operating cash flow -5.6 5.0
Equipment Order Intake 40.5 31.7
Equipment Order Backlog (March 31) 70.0 61.8

Operational Highlights in the first quarter of 2007

AIXTRON has reached the highest quarterly revenue ever in companies’
history with EUR 63.8m (Q1/2006: EUR 32.0m). High demand for deposition
equipment in recent quarters, mainly from Asia, combined with a large order
backlog resulted in these record revenues. EBIT in the first Quarter
reached EUR 8.2m (Q1/2006: EUR -3.1m), net income was EUR 7.6m (Q1/2006:
net loss of EUR 3.1m). Gross margin was held stable at 38% despite negative
currency exchange effects. Cash and Cash Equivalents totalled EUR 43.7m
(Q1/2006: EUR 35.5m). Equipment order intake in Q1/2007 was EUR 40.5m which
represents the fourth consecutive quarter in a row with equipment order
intake above EUR 40m (Q1/2006: EUR 31.7m).

Management Review

Paul Hyland, Chief Executive Officer at AIXTRON, commented: 'In the first
quarter of 2007, we have continued to benefit from the increased revenue
volumes and internal efficiency gains despite a weakening US-Dollar'.

Hyland continued: 'The order intake and market development are very much in
line with our expectations, giving us increased confidence in our year end
guidance and begin to point towards an encouraging outlook for 2008'.

Outlook

AIXTRON reiterates the full year 2007 guidance given in March 2007 with
Revenues between EUR 190 and 200 Million and an EBIT between EUR 15 and 16
Million. AIXTRON expects the second half of the fiscal year 2007 to be
weaker in Revenues and Results than the first half of this fiscal year.

Financial Tables

The consolidated interim financial statements (balance sheet, income
statement, cash flow statement, statement of changes in equity) relating to
this press release are available on www.aixtron.com, section 'Investors',
subsection 'Financial Data', subsection 'Reports', as part of AIXTRON’s
Group interim report for the three months ended March 31, 2007.

Investor Conference Call

AIXTRON will host a financial analyst and investor conference call on May
8, 2007 at 08:30 CEST (02:30 EDT) to review the first quarter 2007 results.
From 08:15 CEST (02:15 EDT) you may listen to the call live at +49 (0) 30
86871–799.

Both a conference call audio replay and a transcript of the conference call
will be available at http://www.aixtron.com, section 'investors', following
the conference call.

Further Information

For further information on AIXTRON (FSE: AIX, ISIN: DE0005066203; NASDAQ:
AIXG, ISIN: US0096061041) please consult our website at: www.aixtron.com

Contact:

Guido Pickert
Investor Relations and Corporate Communications:
T: +49-241-8909-444
F: +49-241-8909-445
invest@aixtron.com

Forward-Looking Statements

This news release may contain forward-looking statements about the
business, financial condition, results of operations and earnings outlook
of AIXTRON within the meaning of the 'safe harbor' provisions of the United
States Private Securities Litigation Reform Act of 1995. Words such as
'may', 'will', 'expect', 'anticipate', 'contemplate'', 'intend', 'plan',
'believe', 'continue' and 'estimate', and variations of these words and
similar expressions, identify these forward-looking statements. The
forward-looking statements reflect our current views and assumptions and
are subject to risks and uncertainties. You should not place undue reliance
on the forward-looking statements. The following factors, and others which
are discussed in AIXTRON’s public filings and submissions with the U.S.
Securities and Exchange Commission, are among those that may cause actual
and future results and trends to differ materially from our forward-looking
statements: actual customer orders received by AIXTRON; the extent to which
chemical vapor deposition, or CVD, technology is demanded by the market
place; the timing of final acceptance of products by customers; the
financial climate and accessibility of financing; general conditions in the
thin film equipment market and in the macro-economy; cancellations,
rescheduling or delays in product shipments; manufacturing capacity
constraints; lengthy sales and qualification cycles; difficulties in the
production process; changes in semiconductor industry growth; increased
competition; exchange rate fluctuations; availability of government
funding; variability and availability of interest rates; delays in
developing and commercializing new products; general economic conditions
being less favorable than expected; and other factors. The forward-looking
statements contained in this news release are made as of the date hereof
and AIXTRON does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless required by law.

Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kackertstr. 15–17, 52072 Aachen, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com

DGAP 08.05.2007

Language: English
Issuer: AIXTRON AG
Kackertstr. 15-17
52072 Aachen Deutschland
Phone: +49 (0)241 8909-444
Fax: +49 (0)241 8909-445
E-mail: invest@aixtron.com
www: www.aixtron.com
ISIN: DE0005066203
WKN: 506620
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) Nasdaq

End of News DGAP News-Service

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