RoodMicrotec: 9% sales growth in second half of 2014
(Thomson Reuters ONE) -
Zwolle, 08 January 2015
Preliminary sales figures 2014
RoodMicrotec N.V.'s preliminary sales in 2014 were EUR 9.972 million (2013: EUR
11.179 million), a 11% decrease compared to 2013.
In the second half of 2014 we realised sales of EUR 5.202 million. This
represents a 9% increase on the first half of 2014 (EUR 4.770 million).
Business units
Preliminary semi-annual sales result:
(x EUR 1,000) HY2 2014 HY1 2014 * Approx.change
Test 1,796 1,708 +5.2%
Supply Chain Management 1,532 1,318 +16.2%
Failure & Technology Analysis 813 704 +15.4%
Test Engineering 252 264 -4.5%
Qualification & Reliability 809 776 +4.3%
Total 5,202 4,770 + 9.0%
*) Due to an altered definition of sales by BU, there has been a shift in sales
between BUs, leading to an adjustment of the sales figures for the first half
year. The total sales for the half year have not been adjusted.
In the second half of 2014, sales increased markedly compared to the average for
the first half of this year. However, sales are still under pressure from
postponed projects.
On the other hand, the number of requests for quotations remains high at over
EUR 10 million. In addition, approx. 90% of the requests results in a quotation,
and the trend of the total hitrate (quotations turned into orders), which is
above 50%, continues to rise. In 2014, the book-to-bill ratio was above 1.0 in
all quarters, and the average for the full year was between 1.1 and 1.2. This is
significantly higher than in the past.
The fact that the factors set out above have not yet resulted in a material
increase of sales is related to the inevitable long preparation times for most
of the projects. However, once these projects start to generate sales, these
will be recurring sales. Recurring sales will give us a far more stable position
than we used to be able to realise.
We anticipate that for several projects we will be able to finalise the phase
preceding actual production in the next 7-8 months. As of that time, these
projects will start to generate actual turnover.
'Currently, all our indicators are green and we anticipate that we will be able
to profit from this in 2015. We have worked hard to put ourselves in this
position in the course of 2014, both in terms of winning projects and in terms
of the (staff) structure of the company. One interesting initiative in this
context is the setup of an Automotive Competence Centre. OEMs and FCs have
responded to this with great enthusiasm because they are interested in the high
tech market. This clearly distinguishes us from other market parties,' said
Philip Nijenhuis, RoodMicrotec CEO.
Preliminary sales result compared to 2013*):
(x EUR 1,000) 2014 2013 Approx. change
Test 3,504 4,526 -23%
Supply Chain Management 2,850 2,464 +16%
Failure & Technology Analysis 1,517 1,447 +5%
Test Engineering 516 584 -12%
Qualification & Reliability 1,585 2,158 -27%
Total 9,972 11,179 -11%
*) Due to an altered definition of sales by BU, there has been a shift between
BUs.
Outlook for 2015
The continuing postponement of orders makes it difficult to state exactly when
the sales growth will materialise that we anticipate based on our high hit rate.
As usual, we anticipate that sales in the second half of 2015 will be higher
than in the first half of the year. By how much is presently unclear.
We maintain our previously stated long-term objective of annual autonomous
growth of between 3% and 13% at an average growth of the semiconductor market of
6%, and of improving the operating result and the net result.
Financial agenda 2015
23 January 2015 Extraordinary general meeting of shareholders
26 February 2015 Publication annual figures 2014
26 February 2015 Conference call for press and analysts
13 March 2015 Publication annual report 2014
23 April 2015 Annual general meeting of shareholders
14 May 2015 Publication trading update
9 July 2015 Publication sales figures first half 2015
27 August 2015 Publication interim report 2015
27 August 2015 Conference call for press and analysts
12 November 2015 Publication trading update
Audit
The financial data has not been audited.
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 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 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 testing 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.
The value-added services comprise inter alia (eXtended) supply chain management,
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 and
total manufacturing solutions with partners.
RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart), the UK
(Bath) and the Netherlands (Zwolle).
Further information:
Philip Nijenhuis, CEO
Telephone: +31 (0) 38 4215216
Email: investor-relations(at)roodmicrotec.com
Website: www.roodmicrotec.com
RoodMicrotec-preliminary sales 2014-E:
http://hugin.info/130789/R/1885258/666326.pdf
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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 GlobeNewswire
[HUG#1885258]
Unternehmensinformation / Kurzprofil:
Datum: 08.01.2015 - 08:15 Uhr
Sprache: Deutsch
News-ID 363077
Anzahl Zeichen: 8401
contact information:
Town:
Zwolle
Kategorie:
Business News
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