RoodMicrotec - Sales Growth Outpacing Semiconductor Market on Strong Order Book
(Thomson Reuters ONE) -
Zwolle - November 28(th) 2016
Sales revenue growth at RoodMicrotec, the Dutch semiconductor supplier of
advanced microchips, is expected to outpace growth of the underlying global
semiconductor market over the next four years. This development comes on the
back of a strong forward order book, particularly in supply chain management
(SCM) projects.
The company told investors at a briefing on Wednesday marking its 30th
anniversary, that six SCM projects will be entering the manufacturing phase by
2020 and contribute between eight and twelve million Euros in sales revenue.
Reinhard Pusch, RoodMicrotec COO said: "We are seeing heightened market interest
in RoodMicrotec's capabilities as a provider of SCM turnkey solutions, so it
makes strategic sense to focus on this area as our core business."
The global semiconductor market is forecast to decline 3.2% over 2016 due to
geopolitical upheavals and while RoodMicrotec was adversely affected by this
development the company still expects to achieve overall positive revenue growth
for the full year.
Vic Tee, Chairman of the Supervisory Board for RoodMicrotec said: "We expect a
positive sales growth in 2016, which is below our initial objectives, but will
be a very healthy result in current market conditions."
RoodMicrotec is also maintaining its previous guidance on a forecast 75%
increase in sales revenue growth by 2020 from 2015. In addition to the current
projects, there are three additional SCM projects under negotiation which could
start in 2017 and generate between five and eight million Euros of sales revenue
during the next 7 years.
ENDS
Note:
RoodMicrotec's investors presentation has been published on the company's
website: www.roodmicrotec.com
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; Vic Tee chairman of the Supervisory
Board; Philip Nijenhuis member of Supervisory Board; Arvid Ladega CFO.
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, Dutch and German. In case of
conflict between these versions the English version shall prevail.
RoodMicrotec_Sales growth outpacing SC Market_English:
http://hugin.info/130789/R/2059607/772000.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RoodMicrotec N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 28.11.2016 - 08:17 Uhr
Sprache: Deutsch
News-ID 509307
Anzahl Zeichen: 4544
contact information:
Town:
Zwolle
Kategorie:
Business News
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