RoodMicrotec reports positive net result for the first half of 2019
01 Août 2019 - 8:01AM
RoodMicrotec reports positive net result for the first half of 2019
- Positive net result in the first half of
2019
- Revenue of EUR 6.4 million with significant growth in
Supply Chain Management
- Book-to-bill ratio maintained consistently at a level
above one
Deventer, August 1st, 2019 –
RoodMicrotec N.V., a leading independent company for semiconductors
supply and quality services, today released its unaudited interim
report for the first half-year ending on June 30th, 2019. The
company reports a positive net result of EUR 5,000 despite the
decline in revenue and the weak market situation. The gross profit
margin is maintained at a consistent high level of 79%, which is in
line with expectations due to the increasing supply chain
management business. The strongest leading indicator for future
business growth, the book-to-bill ratio, is stable at above one.
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 in 2019. Supply Chain
Management is showing a revenue increase, which 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.
“We are pleased with our performance so far and
proud to report a positive net result for the first-half of 2019
even though the market situation is challenging. This demonstrates
that RoodMicrotec’s strategy as well as the commitment of our
employees continue to drive the company’s future growth”, says
Martin Sallenhag, CEO of RoodMicrotec.
Summary HY1 2019
(x EUR 1,000) |
Unaudited HY1 2019 |
Unaudited HY1 2018 |
|
Net Sales |
6,393 |
6,843 |
|
Gross profit |
5,049 |
5,686 |
|
Gross profit margin of net sales |
79% |
83% |
|
EBITDA |
807 |
913 |
|
EBITDA in % of net sales |
13% |
13% |
|
EBIT |
108 |
398 |
|
EBIT in % of net sales |
2% |
6% |
|
Net result |
5 |
276 |
|
Net result in % of net sales |
0% |
4% |
|
During the annual general meeting of
shareholders held on May 23rd, 2019, RoodMicrotec announced that
the present auditor, Baker Tilly, has decided to stop auditing
listed companies. The search for a new auditor is progressing. Due
to the limited number of audit firms licensed in the Netherlands to
audit listed companies, we experience that it is challenging for a
small listed company like RoodMicrotec to find an audit firm that
is willing to accept the audit engagement for a new client,
especially when this should be completed until April 2020.
Conference call
You are invited to take part in RoodMicrotec’s conference call
for press and analysts on
Thursday, August 1st, 2019 at 9.30
am.The management will present the Interim Report 2019 in
detail and answer your questions.
The dial-in number for the call
is:
+31 (0)20 531 5850 (via operator)
Financial agenda
August 1st, 2019 |
Conference call for press and analysts |
October 17th, 2019 |
Trading update quarter 3-2019 |
January 23rd, 2020 |
Publication annual revenue 2019 (preliminary) |
March 12th, 2020 |
Publication annual figures 2019 (preliminary) |
March 12th, 2020 |
Conference call for press and analysts |
April 9th, 2020 |
Publication annual report 2019 |
April 9th, 2020 |
Trading update quarter 1-2020 |
May 28th, 2020 |
Annual general meeting of shareholders |
May 29th, 2020 |
Annual bondholders meeting |
July 30th, 2020 |
Publication interim report 2020 |
July 30th, 2020 |
Conference call for press and analysts |
October 15th, 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 the release
of this document on behalf of RoodMicrotec.
- RoodMicrotec_2019 08 01_Half year result 2019_E
- RoodMicrotec_2019 08 01_INTERIM REPORT 2019
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