Earnings Release • Oct 16, 2018
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Zwolle, 16th October 2018 – RoodMicrotec N.V., the leading independent company for semiconductors supply and quality services, today released its Q3 2018 trading update, for the period ended 30 September 2018. The independent general contractor delivered again a strong quarterly performance with an increase of 17% in sales revenue year-on-year. The revenue showed a continuous steady increase in the business units Supply Chain Management and Test Operations.
In the beginning of October 2018, the publicly funded project APreMedI (appropriate testing of electrically active medical implants) has been granted and started. This project will secure EUR 240.000 in funding over the next 2 years. It will also consolidate RoodMicrotec’s business in medical technology.
“I am pleased to announce another successful quarter for RoodMicrotec”, said Martin Sallenhag, CEO of RoodMicrotec. “Our third quarter results continue to be strong and in line with our expectations. With this positive result and the APreMedI project, our plans are on track to go on to drive competitive and profitable growth”.
Outlook
RoodMicrotec expects a continuing revenue increase over the next years and projects the revenue in 2020 to be approximately EUR 18 million. The results will continue to improve and the company expects to report yearly positive.
About RoodMicrotec
With more than 45 years’ experience as an independent value-added service provider in the area of micro and optoelectronics, RoodMicrotec offers Fabless Companies, OEMs and other companies a one-stop shop proposition. With its powerful solutions RoodMicrotec has built up a strong position in Europe.
Our services comply with the industrial and quality requirements of the high reliability/space, automotive, telecommunications, healthcare, industrial and electronics sectors.
Our integrated quality management system is based on international DIN EN ISO 9001:2015 standards. In addition, our quality management is broadly consistent with the Automotive Specification ISO/TS 16949. The company also has an accredited laboratory for test activities and qualification to the ISO/IEC 17025 standard.
Its value-added services include (eXtended) supply chain management and total manufacturing solutions with partners, failure & technology analysis, qualification & burn-in, test & product engineering, production test (including device programming and end-of-line service), ESD/ESDFOS assessment & training and quality & reliability consulting.
RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart), United Kingdom (Bath) and the Netherlands (Zwolle).
For more information visit https://www.roodmicrotec.com
Further information
Martin Sallenhag - CEO, Reinhard Pusch - COO, Arvid Ladega - CFO
Telephone: +31 38 4215216 Email: [email protected] Web: www.roodmicrotec.com
This press release is published in English, Dutch and German. In case of conflict between these versions the English version shall prevail.
This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. The company’s managing director and CEO Martin Sallenhag, is responsible for arranging for the release of this document on behalf of RoodMicrotec.
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