Trading update: RoodMicrotec continues its positive upward trend - Revenues in the first three quarters increased by 16 percent year-on-year
(Thomson Reuters ONE) -
Zwolle - 09th November 2017
* Revenue Q3/2017 significant higher in comparison to last year
* Book-to-bill ratio above one
* Positive cash flow generated from operations
* Youssef El Mamoune new Sales & Marketing Manager
RoodMicrotec, the Dutch supplier of semiconductors and advanced microchips,
achieved significantly higher revenue in the third quarter compared with the
same period of 2016, confirming the positive trend in the first half of the
year. RoodMicrotec is continuing its upward trend by reporting a 16 percent
increase in revenue for the first nine months compared to the same period last
year. The strongest leading indicator - a positive book-to-bill ratio - is
maintained consistently at a level higher than one. Positive cash flow was
generated from operations. For the last quarter, we expect to reach a quarterly
break-even in the business year 2017.
"From January to September RoodMicrotec has developed positively in every
respect. I am very pleased that RoodMicrotec has managed to increase sales and
significantly improve its results. With this positive development, we are
confident that we can achieve a quarterly break-even in the fourth quarter of
2017," says Martin Sallenhag, CEO of RoodMicrotec.
The sales department at RoodMicrotec was further strengthened. Youssef El
Mamoune (46) has been appointed Sales & Marketing Manager on November 1(st). He
will take over part of the German customer base as well as the sales activities
in France, Italy and Switzerland. He will complement the team competently and
efficiently with his far-reaching expertise. Youssef El Mamoune has been in
sales for more than 20 years and previously worked for Cetemoc ICT Services
GmbH, Intertek Deutschland GmbH and EBV Elektronik GmbH, among others, where he
acquired his know-how in the electronics industry.
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_Trading Update Q3 2017_E:
http://hugin.info/130789/R/2148446/824255.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: 09.11.2017 - 07:40 Uhr
Sprache: Deutsch
News-ID 567332
Anzahl Zeichen: 4396
contact information:
Town:
Zwolle
Kategorie:
Business News
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