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3 February 2010

 

Aixtron’s 2009 results to far exceed guidance with record revenue and profit

Deposition equipment maker Aixtron AG of Aachen-Herzogenrath, Germany has announced preliminary and unaudited financial results for fourth-quarter 2009, showing revenue of €117m (up 42% on €82m both in Q3/2009 and a year ago).

This takes full-year 2009 revenue to a record €302m, up 10% on 2008’s €274.4m. This is also well above the firm’s guidance of €280m (which had already been raised in late October from initial guidance of €200-220m).

Earnings before interest and taxes (EBIT) in Q4/2009 was €33m (a margin of 28% of revenue), almost doubling from €16.7m (20% margin) in Q3 and more than quadrupling from €7.4m (9% margin) a year ago. Full-year 2009 EBIT was
€62m (20% margin), almost doubling from €32.5m (12% margin) in 2008.

Aixtron is scheduled to release its final 2009 results (including a full-year 2010 revenue and EBIT guidance) on 11 March.

See related items:

Aixtron’s 45% quarterly growth driven by TV backlighting

Aixtron lifts sales guidance on LED market recovery

Aixtron sales fall 44% in Q1/2009

Aixtron’s growth in Q4/2008 driven by Asian LED manufacturing

See: Aixtron Company Profile

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Visit: www.aixtron.com