RoodMicrotec reports first half-year revenue for 2019
04 Juillet 2019 - 8:20AM
RoodMicrotec reports first half-year revenue for 2019
- The first half-year revenue for 2019 was EUR 6.4
million, 7% lower than for the first half of 2018
- The second quarter revenue increased by 12% compared to
the first quarter revenue
- Significant increase in Supply Chain
Management
Deventer, 04th July 2019 –
RoodMicrotec N.V., a leading independent company for semiconductors
supply and quality services, today released its first half-year
revenue for the period ending on June 30th, 2019. The revenue for
the first half of 2019 was EUR 6.4 million, 7% lower than for the
first half of 2018, with an increase of 12% from the first quarter
to the second quarter.
The increase in Supply Chain Management is
encouraging and shows that the overall strategy for the company is
paying off - also under difficult market conditions. Test
Operations is maintaining a constant level and the decrease in
Qualification & Failure Analysis is mainly due to the customer
initiated phase out of production burn-in. Within the markets,
RoodMicrotec raised its sales in the industrial sector by 5%
compared to the previous year, whereas the automotive sector showed
a decrease of 17% after one of our customers had lost a major
project, which resulted in a drop in demand.
“Despite the weak start of the year in the first
quarter, we have continued to work hard to implement the strategy
of the company and this has paid off with an increase of revenue in
the second quarter compared to the first quarter of 2019. Our
strategy to move into long-term engagements with our customers is
continuing to improve the revenue in Supply Chain Management”, says
Martin Sallenhag, CEO of RoodMicrotec.
Revenue by business unit in the first
half of 2019 compared to the first half of 2018:
(x € 1,000) |
HY1 2019 |
HY1 2018 |
Change |
Test Operations |
3,142 |
3,316 |
-5% |
Supply Chain Management |
1,596 |
1,460 |
+9% |
Qualification & Failure Analysis |
1,655 |
2,067 |
-20% |
TOTAL |
6,393 |
6,843 |
-7% |
Outlook
Based on several new engagements as well as an
increasing number of ASIC supply chain projects in the pipeline,
RoodMicrotec expects a continuing revenue increase over the next
years and the company expects to report yearly improving positive
net results. With a softer market and geopolitical uncertainties
revenue for 2020 is expected to be in the range of EUR 16 million
to EUR 18 million.
The Interim Report will be published on August
1st, 2019 together with the conference call for press and
analysts.
Financial agenda
01 August 2019 |
Publication interim report 2019 |
01 August 2019 |
Conference call for press and analysts |
17 October 2019 |
Trading update quarter 3-2019 |
23 January 2020 |
Publication (preliminary) annual revenue 2019 |
12 March 2020 |
Publication (preliminary) annual figures 2019 |
12 March 2020 |
Conference call for press and analysts |
09 April 2020 |
Publication annual report 2019 |
09 April 2020 |
Trading update quarter 1-2020 |
28 May 2020 |
Annual general meeting of shareholders |
29 May 2020 |
Annual bondholders meeting |
30 July 2020 |
Publication interim report 2020 |
30 July 2020 |
Conference call for press and analysts |
15 October 2020 |
Trading update quarter 3-2020 |
About RoodMicrotec
RoodMicrotec is a leading independent company
for semiconductor supply and quality services. With 50 years of
experience in the semiconductor and electronics industry,
RoodMicrotec is well-established as a highly valued partner for
many companies worldwide. The company provides full-turnkey ASIC
services for complex microchips that are customized to handle
specific applications for individual customers. In cooperation with
strong partners, RoodMicrotec manages the entire development and
production flow of ASICs in the target volume, ranging from low
quantities up to multiple millions per year. The turnkey solution
includes project management, wafer test, assembly, final test,
qualification, failure analysis and logistics. All services comply
with the industrial and quality requirements of the high
reliability, aerospace, automotive, healthcare and industrial
sectors. RoodMicrotec’s headquarter is located in Deventer,
Netherlands, with operational units in Nördlingen and Stuttgart,
Germany.
For more information visit
https://www.roodmicrotec.com
Further information
Martin Sallenhag - CEO, Arvid Ladega -
CFOTelephone: +31 570
745623
Email:
investor-relations@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.
This communication contains information that
qualifies as inside information within the meaning of Article 7(1)
of the EU Market Abuse Regulation. The company’s managing director
and CEO Martin Sallenhag, is responsible for arranging for the
release of this document on behalf of RoodMicrotec.
- 2019 07 04_Half Year Sales_E
RoodMicrotec NV (EU:ROOD)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
RoodMicrotec NV (EU:ROOD)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024