ROODMICROTEC SALES UNDER PRESSURE DUE TO WORLD MARKET SLUMP
(Thomson Reuters ONE) -
Zwolle, 10 July 2012
ROODMICROTEC SALES UNDER PRESSURE DUE TO WORLD MARKET SLUMP
The provisional sales for the first half of 2012 of ? 5,688 million fell by
34.1% compared to the first half of 2011 (HY1 2011: ? 8,634 million).
Qualification & Reliability Investigation grew by 2.7% compared to the first
half of 2011, while sales of the business units Test, Test Engineering, Supply
Chain Management and Failure & Technology Analysis fell by 39.9%, 30.9%, 53.7%
and 11.9% respectively.
The falling sales were mainly due to four factors.
Firstly, to the general slump of the semiconductor industry in the first half of
2012 compared to the first half of 2011.
Secondly, to customers reducing their stocks, which significantly impacted
Supply Chain Management.
Thirdly, to the diminished role of IDMs (Integrated Device Manufacturers) for
RoodMicrotec. This could not yet be set off in the first half of 2012 by a
increased sales to OEMs and Fabless Companies. Due to a structural increase of
sales to OEMs and Fabless Companies, we now service many more customers. This
makes us less dependent on some larger IDMs, resulting to better risk spreading.
And finally, to several customers postponing projects to the second half of the
year due to the economic situation.
Sales by business unit in the first half of 2012 vs. first half of 2011
(x EUR 1,000) HY1 2012 HY1 2011 Change
Test 2,360 3,925 -39.9%
Supply Chain Management 992 2,142 -53.7%
Failure & Technology Analysis 778 883 -11.9%
Test Engineering 353 511 -30.9%
Qualification & Reliability Investigaton 1,205 1,173 2.7%
TOTAL 5,688 8,634 -34.1%
Outlook
After strong growth in the semiconductor market in the first half of 2011, a
slump has set in in the second half of 2011 and the first half of 2012, which
has affected RoodMicrotec. Due to the weak economic situation in the recent
period there are clear signs of that there will be a recovery in the second half
of 2012 and further growth in 2013.
Brian Toohey, president & CEO of the Semiconductor Industry Association
described the developments as follows in a press release published on 4 June:
"The outlook for the global semiconductor industry continues to be one of
cautious optimism. We are beginning to see an encouraging trend of modest,
sequential growth and we anticipate this trend will continue during the rest of
this year, with stronger growth predicted for 2013 and beyond. But that optimism
continues to be tempered by macroeconomic factors."
Based on this outlook, order intake, increased stocks in our warehouse and
agreements with our customers we expect a significant sales increase in the
second half of 2012 compared to the first half of 2012.
Financial agenda 2012/2013
31 August 2012 Publication interim report 2012
31 August 2012 Conference call for press and analysts
15 November 2012 Publication trading update
10 January 2013 Publication sales figures full year 2012
21 February 2013 Publication annual figures 2012
21 February 2013 Conference call for press and analysts
8 March 2013 Publication annual report 2012
25 April 2013 Annual general meeting of shareholders
14 May 2013 Publication trading update
9 July 2013 Publication trade figures
29 August 2013 Publication interim report 2013
29 August 2013 Conference call for press and analysts
14 November 2013 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 service provider in the
area of micro and optoelectronics, RoodMicrotec offers Fabless Companies, OEMs
and other companies a one-stop shopping 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, medical, IT and electronics
sectors.
Certified by RoodMicrotec concerns inter alia certification of products to the
stringent ISO/TS 16949 standard that applies to suppliers to the automotive
industry. The company also has an accredited laboratory for test activities and
calibration to the ISO/IEC 17025 standard.
Its value-added services include failure & technology analysis, qualification &
burn-in, test & product engineering, production test (including device
programming and end-of-line service), ESD/ESDFOS assessment & training, quality
& reliability consulting, supply chain management and total manufacturing
solutions with partners.
RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart) and the
Netherlands (Zwolle).
Further information:
Philip Nijenhuis, CEO Tel. +31 38 4215216
Postal address:
RoodMicrotec N.V., PO Box 1042, 8001 BA Zwolle
Email: investor-relations(at)roodmicrotec.com
Web-site: www.roodmicrotec.com
Press release in English:
http://hugin.info/130789/R/1625445/519917.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: RoodMicrotec N.V. via Thomson Reuters ONE
[HUG#1625445]
Unternehmensinformation / Kurzprofil:
Datum: 10.07.2012 - 08:05 Uhr
Sprache: Deutsch
News-ID 163584
Anzahl Zeichen: 7256
contact information:
Town:
Zwolle
Kategorie:
Business News
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