First half 2017: RoodMicrotec achieves significant improvement in net result
(Thomson Reuters ONE) -
Zwolle, 3rd August 2017
· Improvement in net result confirms turn-around of the company
· Sales plus 19 percent with positive EBITDA, EBIT and book-to-bill ratio
· Supply Chain Management and Test Engineering main drivers of expansion
RoodMicrotec, the Dutch supplier of semiconductors and advanced microchips,
achieved a significant improvement in year-on-year net result for the first half
2017 and a 19 percent increase in sales with positive EBITDA and EBIT. The
strongest leading indicator - a positive book-to-bill ratio - is maintained
consistently at a level higher than one. Main drivers of expansion are
especially the Supply Chain Management (SCM) with 25 percent increase and the
Test Engineering unit with a plus of 89 percent. Furthermore, all other business
units showed a good order situation and therefore economic growth. New and
promising orders especially from the Automotive, Industrial and Healthcare
sectors are setting the stage for a positive outlook.
Martin Sallenhag, CEO of RoodMicrotec: "The significant improvement in the net
result as well as a positive EBIT for the first half of 2017 show that we are on
the right track to turn around the company. Strong performance in the SCM and
Test Engineering units shows that the base for future recurring business is in
place. We have signed a number of very promising contracts with major players
which will set the stage for the future of the company. I'm also very pleased
with the fact that all business units are showing increases and this again shows
that RoodMicrotec is a well-established player in the market."
Summary HY1 2017
(x EUR 1,000) Unaudited Unaudited
HY1 2017 HY1 2016
------------------------------------------------------------
Net Sales 5,832 4,919
Gross margin 4,817 4,159
Gross margin as % of net sales 83% 85%
EBITDA 534 95
EBITDA as % of net sales 9% 2%
EBIT 44 -429
EBIT as % of net sales 1% -9%
Net result -85 -541
Net result as % of net sales -1% -11%
You are invited to take part in RoodMicrotec's conference call for press and
analysts on Thursday, 3rd August 2017 at 9.30 am. The management will present
the Interim Report 2017 in detail and answer your questions.
Please dial into the conference call using the following telephone number:
+31(0)20 531 5850.
Financial agenda
03 August 2017, 09:30 a.m. Conference call for press and analysts - Interim
Report
11 January 2018 Publication (preliminary) annual sales figures 2017
08 March 2018 Publication (preliminary) annual figures 2017
08 March 2018 Conference call for press and analysts
28 March 2018 Publication annual report 2017
17 May 2018 Annual general meeting of shareholders
18 May 2018 Annual bondholders meeting
05 July 2018 Publication sales figures first half 2018
02 August 2018 Publication interim report 2018
02 August 2018 Conference call for press and analysts
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.
Our integrated quality management system is based on international DIN EN ISO
9001:2015 standards. In addition, our quality management is broadly consistent
with the Automotive Specification ISO/TS 16949. 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
This press release is published in English, Dutch and German. In case of
conflict between these versions the English version shall prevail.
RoodMicrotec Interim Report 2017_E:
http://hugin.info/130789/R/2125223/811064.pdf
RoodMicrotec Interim Report_Press Release_E:
http://hugin.info/130789/R/2125223/811065.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: 03.08.2017 - 07:43 Uhr
Sprache: Deutsch
News-ID 555128
Anzahl Zeichen: 6404
contact information:
Town:
Zwolle
Kategorie:
Business News
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