RoodMicrotec's Stable First Half 2016 Sales Sets Stage for Expansion Through 2017
(Thomson Reuters ONE) -
Zwolle - 07 July 2016
A high level of contract quotes and projected forward order income in the
pipeline are expected to drive growth at RoodMicrotec, the Dutch semiconductor
supplier of advanced microchips, through to next year. Strong sales in the test
engineering and qualification categories in the first-half of 2016 have set a
stable base for the company's expansion in coming months, recently appointed CEO
Martin Sallenhag said.
Martin Sallenhag, RoodMicrotec N.V. CEO said: "RoodMicrotec is maintaining its
current sales target for 2016, after the first-half figures were in line with
the same period of 2015. I believe this sets a solid, stable, base for rising
sales through 2017 as the company is in a good position to build on the high
level of contract quotes and forward orders we're seeing coming through our
books."
RoodMicrotec's sales in the automotive sector in particular are continuing to
show positive development, with some orders being brought forward. The customer
predictions for these projects also show larger volumes earlier in time.
The newly installed test equipment for more complex and advanced chips - a V93k
mixed signal test system and a 12" wafer prober - have entered the engineering
phase. This will contribute to the future revenue and ramp up to production in
the next few months enabling us to support the growing conventional and
electrical automotive markets as well as the industrial/IoT market.
Sales by business unit first half of 2016 compared to first half of 2015:
(x ? 1,000) HY1 2016 HY1 2015 change
Test 1,702 1,730 -2%
Supply Chain Management 926 1,198 -23%
Failure & Technology Analysis 751 846 -11%
Test Engineering 230 171 +35%
Qualification & Reliability Investigation 1,310 967 +36%
TOTAL 4,919 4,912 +0%
Supply Chain Management is still coming under pressure largely due to a delayed
order by a Brazilian client stemming from the country's economic problems, but
with the outlook for Brazil improving, RoodMicrotec expects this project to re-
gather momentum in coming months. Previously announced orders in this category
should also contribute to a recovery in sales growth.
Martin Sallenhag concluded: "RoodMicrotec is well-positioned to benefit from the
rising demand for advanced microchips critical to communication in the expanding
markets of the electrical automotive, industrial and medical sectors, which we
expect to see feeding through into the company's sales over the next 18 months."
Outlook 2016
The company's financial outlook for 2016 remains in line with the company's
projections in the 2015 Annual Report.
Financial agenda 2016
25 August 2016 Publication interim report 2016
25 August 2016 Conference call for press and analysts
15 November 2016 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 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, medical, industrial 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
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 http://www.roodmicrotec.com
Further information
Martin Sallenhag, CEO, Reinhard Pusch, COO, Erwin Vrielink, CFO, Philip
Nijenhuis
Telephone: +31 38 4215216
Postal address:
RoodMicrotec N.V., PO Box 1042, 8001 BA Zwolle
Email: investor-relations(at)roodmicrotec.com
Web: www.roodmicrotec.com
This press release is published in English and Dutch (and German). In case of
conflict between these versions the English version shall prevail.
RoodMicrotec_Turnover 1st half 2016:
http://hugin.info/130789/R/2026761/753175.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: RoodMicrotec N.V. via GlobeNewswire
[HUG#2026761]
Unternehmensinformation / Kurzprofil:
Datum: 07.07.2016 - 08:03 Uhr
Sprache: Deutsch
News-ID 481973
Anzahl Zeichen: 6904
contact information:
Town:
Zwolle
Kategorie:
Business News
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