ROODMICROTEC N.V. - Sales rise in first half 2015
(Thomson Reuters ONE) -
Zwolle, 09 July 2015
Preliminary sales in the first half of 2015 rose to EUR 4.912 million, or 3%
compared to the first half of 2014 (? 4.771 million). As explained before, we
believe that the negative trend of the past few years has been broken. The rise
was mainly due to the automotive sector.
In view of the significant increase of our quote portfolio compared to January
2015, when it reached a level of over ? 10 million, and the rise in orders we
maintain our sales target for 2015.
The fact that the factors set out above have not yet resulted in a material
increase of sales is due to the inevitable long preparation times projects often
require. However, once these projects start to generate sales, these will be
recurring sales. And recurring sales give us a far stabler position.
We expect that the orders we wrote about in early June will partly start to
contribute to sales in the second half of 2015. Over the next few years, these
orders will annually generate between ? 0.5 and 1 million in recurring sales.
The order we booked in early July of approx. ? 25 million over ten years will
generate recurring sales as of the second quarter of 2016.
Sales by business unit first half 2015 vs. first half 2014
(x ? 1,000) HY1 2015 HY1 2014 change
Test 1,730 1,708 +1%
Supply Chain Management 1,198 1,318 -9%
Failure & Technology Analysis 846 704 +20%
Test Engineering 171 264 -35%
Qualification & Reliability Investigation 967 776 +25%
TOTAL 4,912 4,771 +3%
The decrease of Supply Chain sales is temporary. We expect them to rise strongly
in the near future. Especially the recently booked order of approx. ? 25 million
will cause sales in the supply chain to rise strongly, but new expected orders
will also contribute.
'The increase remained limited in the first half of the year, partly due to the
long preparation times of orders, but does clearly show a break in the trend of
the past few years. We feel this is a very clear positive sign, that will lead
to significant growth for RoodMicrotec', said RoodMicrotec CEO Philip Nijenhuis.
Outlook for 2015
In view of the high hitrate, the rising quote portfolio and new orders booked,
RoodMicrotec now expects to realise at least clear sales growth in the second
half of 2015 and significant sales growth in 2016 and beyond.
We have reached the invoicing stage of a start-up or are already investing in
the preparation phase of over 50% of new projects. These relate to our core
segments Automotive (50%) and Industrial/Medical (30%), but also high-end
consumer business (20%). Automotive and Industrial/Medical are fast growing
market segments.
There is now strong ground for maintaining 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 thus improve the operating result and the
net result.
Financial agenda 2014/2015
27 August 2015 Publication interim report 2014
27 August 2015 Conference call for press and analysts
12 November 2015 Publication trading update
7 January 2016 Publication annual sales figures 2014
25 February 2016 Publication annual figures 2014
25 February 2016* Conference call for press and analysts
10 March 2016* Publication annual report 2014
21 April 2016* Annual general meeting of shareholders
12 May 2016 Publication trading update
7 July 2016 Publication sales figures first half 2015
25 August 2016 Publication interim report 2015
25 August 2016 Conference call for press and analysts
15 November 2016 Publication trading update
* provisional dates
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 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, 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 Telephone: +31 38 4215216
Postal address:
RoodMicrotec N.V., PO Box 1042, 8001 BA Zwolle
Email: investor-relations(at)roodmicrotec.com
Website: www.roodmicrotec.com
RoodMicrotec-Sales 1st half 2015_English:
http://hugin.info/130789/R/1935953/697868.pdf
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originality of the information contained therein.
Source: RoodMicrotec N.V. via GlobeNewswire
[HUG#1935953]
Unternehmensinformation / Kurzprofil:
Datum: 09.07.2015 - 07:45 Uhr
Sprache: Deutsch
News-ID 405631
Anzahl Zeichen: 7581
contact information:
Town:
Zwolle
Kategorie:
Business News
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