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RoodMicrotec N.V. Earnings Release 2011

Jul 7, 2011

3881_iss_2011-07-07_831ba9a1-30a9-41b3-b375-8355a8aa5635.pdf

Earnings Release

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PRESS RELEASE

Zwolle, July 07, 2011

Sales growth RoodMicrotec continues in first half 2011

The provisional sales of € 8.634 million for the first half of 2011 constituted a significant 17.8% increase compared to the first half of 2010 (HY1 2010: € 7.328 million) at a provisional gross margin of approx. 80% (HY1 2010: 75%).

Test Engineering recorded the strongest growth at 46.4%. The business units Test, Supply Chain Management and Failure & Technology Analysis grew by 18.3%, 19.6% and 17.3% respectively. The business unit Qualification & Reliability Investigation showed limited growth (5.1%).

There was growth in all our service sectors. Growth continued steadily both for new product developments and recurring contracts in industry, medical, space and aeronautical and other sectors. New product developments in particular resulted in considerable growth of our engineering activities.

(x EUR 1.000) HY1
2011
HY1 2010 Change
Test 3,925 3,319 18.3%
Supply Chain Management 2,142 1,791 19.6%
Failure & Technology Analysis 883 753 17.3%
Test Engineering 511 349 46.4%
Qualification & Reliability Investigation 1,173 1,116 5.1%
Totaal 8,634 7,328 17.8%

Sales per business unit first half 2011 vs first half 2010

'I am very pleased our growth once again outstripped that of the global semiconductor market, which grew by approx. 8% in the first half of this year. It is important furthermore that there was growth in all our sectors. Furthermore, the increase of orders is encouraging. The strength and dedication of our employees gives me confidence for the future,' said Philip Nijenhuis, CEO of RoodMicrotec.

Outlook

Based on the developments in the first half of 2011 we anticipate, in spite of the macroeconomic slowdown and uncertainty, and barring unforeseen circumstances, an increase of sales in the second half of 2011 compared to the second half of 2010. In line with our strategy we are focusing strongly on improving the operating result and net result.

In the long term, we consider an average annual sales increase of between 5% and 15% to be realistic.

Financial agenda 2011/2012

31 August 2011 Publication interim report 2011
31 August 2011 Conference call for press and analysts
10 November 2011 Publication trading update
10 January 2012 Publication sales figures full year 2011
23 February 2012 Publication annual figures 2011
23 February 2012 Conference call for press and analysts
9 March 2012 Publication annual report 2011
26 April 2012 Annual general meeting of shareholders
15 May 2012 Publication trading update
10 July 2012 Publication sales figures first half 2012
31 August 2012 Publication interim report 2012
31 August 2012 Conference call for press and analysts
15 November 2012 Publication trading update

Forward-looking statements

This press release contains a number of forward-looking statements. These statements are based on current expectations, estimates and prognoses of the board of management and on the information currently available to the company. The statements are subject to certain risks and uncertainties which are hard to evaluate, such as the general economic conditions, interest rates, exchange rates and amendments to statutory laws and regulations. The board of management of RoodMicrotec cannot guarantee that its expectations will materialise. Furthermore, RoodMicrotec does not accept any obligation to update the statements made in this press release.

About RoodMicrotec

With 40 years' experience as an independent value-added microelectronics and optoelectronics service provider, RoodMicrotec offers a one-stop shopping proposition to fabless companies, OEMs and other business partners.

RoodMicrotec has built up a strong position in Europe with its powerful solutions. Its services comply with the highest industrial and quality requirements demanded by the highreliability/aerospace, automotive, telecommunications, medical, IT and electronics sectors.

'Certified by RoodMicrotec' concerns certification of products inter alia to the stringent ISO/TS 16949 standard for suppliers to the automotive industry. The company has an accredited laboratory for testing and calibration activities in accordance with the ISO/IEC 17025 standard.

The value-added services include failure & technology analysis, qualification & monitoring burn-in, test- & product engineering, production test (including device programming and endof-line service), ESD/ESDFOS assessment & training, quality & reliability consulting, supply chain management and total manufacturing solutions with partners.

RoodMicrotec has facilities in Germany (Dresden, Nördlingen, Stuttgart) and in the Netherlands (Zwolle).

For further information:

Philip Nijenhuis, CEO Telephone: + 31 (0)38 4215216 Email: [email protected] Website: www.roodmicrotec.com