RoodMicrotec Sees Strong Sales Momentum in H2 2016, Order Value Up 20% Year-on-Year
(Thomson Reuters ONE) -
Zwolle - January 10(th) 2017
A strong forward order book is expected to drive expansion at RoodMicrotec, the
Dutch semiconductor supplier of advanced microchips, over the course of 2017
after sales growth in its main business units rebounded in the second half of
2016 and the value of the company's order book was up 20% year-on-year by end-
December.
Martin Sallenhag, RoodMicrotec N.V. CEO said: "RoodMicrotec is very well
positioned for growth as we enter 2017. The value of sales orders is about 20%
higher compared with a year ago and we've maintained a positive book-to-bill
ratio over the last 12 months, which is an important leading indicator of demand
trends in the semiconductor industry. Our quote portfolio is stable at a high
level and the majority of these are being converted into sales orders,
underpinning the company's solid and successful hit rate."
RoodMicrotec saw very positive increases in sales across its three largest
business units in the second-half of 2016, compared with the previous six
months.
Sales turnover at the Test Operations unit was up 19% over this period and
stable year-on-year. Earlier reported difficulties within Supply Chain
Management faded during the latter part of 2016 as the unit's business surged
24%, mainly due to the ramping up of the production contract with Swiss semi-
conductor firm Altec AG, where sales are projected to double over the next two
years.
Qualification & Reliability Investigation bucked the trend in the other two main
business units with a substantial year-on-year rise in sales of 26% spread over
the past 12 months, on the back of some large ongoing projects and the start of
qualification in other big contracts.
Sales by business unit H2-2016 compared with H1-2016:
(x EUR 1,000) H2 2016 H1 2016 Change
Test Operations 2,025 1,702 +19%
Supply Chain Management (SCM) 1,151 926 +24%
Failure & Technological Analysis 743 751 -1%
Test Engineering 241 230 +5%
Qualification & Reliability Investigation 1,386 1,310 +6%
TOTAL 5,546 4,919 +13%
Sales by business unit in 2016 compared with 2015:
(x EUR 1,000) 2016 2015 Change
Test Operations 3,727 3,676 +1%
Supply Chain Management (SCM) 2,077 2,348 -12%
Failure & Technological Analysis 1,494 1,655 -10%
Test Engineering 471 437 +8%
Qualification & Reliability Investigation 2,696 2,134 +26%
TOTAL 10,465 10,250 +2%
Outlook
The RoodMicrotec management team is very positive about the future development
of the company and reinforces its outlook for an increase in sales turnover of
75% by 2020 from today.
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.
Financial agenda
9 March 2017 Publication (preliminary) annual figures 2016
9 March 2017 Conference call for press and analysts
27 April 2017 Publication annual report 2016
8 June 2017 Annual general meeting of shareholders
9 June 2017 Annual bondholders meeting
6 July 2017 Publication sales figures first half 2017
24 August 2017 Publication interim report 2017
24 August 2017 Conference call for press and analysts
ENDS
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; 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_Preliminary Sales 2016_E:
http://hugin.info/130789/R/2069980/777727.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: 10.01.2017 - 08:15 Uhr
Sprache: Deutsch
News-ID 516625
Anzahl Zeichen: 7361
contact information:
Town:
Zwolle
Kategorie:
Business News
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