10. March 2010 | Ad Hoc News
AIXTRON AG / Restructure of Company/Forecast
10.03.2010 14:59
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AIXTRON reports highly successful final full year 2009 results /
2010 Guidance: EUR 600m-EUR 650m Revenues, 25%plus EBIT /
AIXTRON plans conversion into European Company (SE)
Aachen, Germany, March 10, 2010 - AIXTRON AG (ISIN DE000A0WMPJ6), worldwide
leading provider of deposition equipment to the semiconductor industry,
today announced record financial results for fiscal year 2009 and guidance
for 2010 of EUR600m to EUR650m revenues with an EBIT margin of 25% or
higher as well as its plan to convert from an AG into a SE company
structure.
Key Financials
2009 2008 +/- 2009 2008 +/-
(million EUR) Full Full % Q4 Q4 %
Year Year
Revenues 302.9 274.4 10% 117.9 82.3 43%
Gross profit 134.7 112.9 19% 55.5 35.6 56%
Gross margin 44% 41% 3 pp 47% 43% 4 pp
Operating result (EBIT) 62.7 32.5 93% 33.7 7.4 355%
EBIT-margin 21% 12% 9 pp 29% 9% 20 pp
Net result 44.8 23.0 95% 24.4 4.1 495%
Net result margin 15% 8% 7 pp 21% 5% 16 pp
Net result per share - basic 0.49 0.26 88% 0.23 0.05 460%
(EUR)
Net result per share - diluted 0.48 0.25 92% 0.23 0.04 575%
(EUR)
Dividend proposal/dividend per 0.15 0.09 67%
share (EUR)
Equipment Order Intake 370.1 250.8 48% 163.3 40.6 302%
Equipment Order Backlog (end 203.8 105.0 94% 203.8 105.0 94%
of period)
Outlook
AIXTRON entered the year with a very solid opening order backlog of EUR
190.9m (revalued from EUR 203.8m at USD 1.50/EUR as of January 1, 2010),
all shippable in 2010. AIXTRON Management believes that, on this basis,
AIXTRON can deliver total revenues of EUR 600m to EUR 650m and an EBIT
margin of 25%plus in fiscal year 2010.
AIXTRON AG plans conversion into European Company (SE)
The Management Board and Supervisory Board of AIXTRON Aktiengesellschaft
will propose to its shareholders in the general meeting on 18 May 2010 to
convert the Company's legal form from a German AG (Aktiengesellschaft) into
a European Company (Societas Europaea, SE) with the name AIXTRON SE. The
company will continue to have its registered office in Herzogenrath,
Germany. Together with their invitation to the general meeting, the
Shareholders of AIXTRON AG will receive detailed information under the
relevant item of the AGM agenda regarding the contemplated conversion of
the legal form.
Investor Conference Call
AIXTRON will host a financial analyst and investor conference call on
Thursday, March 11, 2010, 3:00 p.m. CET (6:00 a.m. PST, 09:00 a.m. EST) to
review the full-year 2009 results. From 2:50 p.m. CET (5:50 a.m. PST, 8:50
a.m. EST) you may dial in to the call at +49 (69) 247501-899 or +1 (212)
444-0297. Both a conference call audio replay and a transcript of the
conference call will be available at http://www.aixtron.com, section
'Investors', following the conference call.
Contact:
Guido Pickert
Investor Relations and Corporate Communications:
T: +49-241-8909-444
F: +49-241-8909-445
invest@aixtron.com
For further information on AIXTRON AG (FSE: AIXA, ISIN DE000A0WMPJ6;
NASDAQ: AIXG, ISIN US0096061041) please consult our website at:
www.aixtron.com.
Forward-Looking Statements
This news release may contain forward-looking statements about the
business, financial condition, results of operations and earnings outlook
of AIXTRON within the meaning of the 'safe harbor' provisions of the United
States Private Securities Litigation Reform Act of 1995. Words such as
'may', 'will', 'expect', 'anticipate', 'contemplate', 'intend', 'plan',
'believe', 'continue' and 'estimate', and variations of these words and
similar expressions, identify these forward-looking statements. The
forward-looking statements reflect our current views and assumptions and
are subject to risks and uncertainties. You should not place undue reliance
on the forward-looking statements. The following factors, and others which
are discussed in AIXTRON's public filings and submissions with the U.S.
Securities and Exchange Commission, are among those that may cause actual
and future results and trends to differ materially from our forward-looking
statements: actual customer orders received by AIXTRON; the extent to which
chemical vapor deposition, or CVD, technology is demanded by the market
place; the timing of final acceptance of products by customers; the
financial climate and accessibility of financing; general conditions in the
thin film equipment market and in the macro-economy; cancellations,
rescheduling or delays in product shipments; manufacturing capacity
constraints; lengthy sales and qualification cycles; difficulties in the
production process; changes in semiconductor industry growth; increased
competition; exchange rate fluctuations; availability of government
funding; variability and availability of interest rates; delays in
developing and commercializing new products; general economic conditions
being less favorable than expected; and other factors. The forward-looking
statements contained in this news release are made as of the date hereof
and AIXTRON does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless required by law.
Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kaiserstr. 98, 52134 Herzogenrath, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
10.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: AIXTRON AG
Kaiserstr. 98
52134 Herzogenrath
Deutschland
Phone: +49 (241) 8909-444
Fax: +49 (241) 8909-445
E-mail: invest@aixtron.com
Internet: www.aixtron.com
ISIN: DE000A0WMPJ6, US0096061041
WKN: A0WMPJ
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart; Terminbörse EUREX;
Foreign Exchange(s) Nasdaq
End of News DGAP News-Service
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Our registered trademarks: AIXACT®, AIXTRON®, Atomic Level Solutions®, Close Coupled Showerhead®, CRIUS®, EXP®, EPISON®, Gas Foil Rotation®, Optacap™, OVPD®, Planetary Reactor®, PVPD®, STExS®, Trijet®
Investor Relations
Ralf Penner
Senior IR Manager
Alan Tai
Taiwan/Singapore
Christof Sommerhalter
USA
Christian Geng
Europe
Hisatoshi Hagiwara
Japan
Nam Kyu Lee
South Korea
Wei (William) Song
China
AIXTRON SE (Headquarters)
AIXTRON 24/7 Technical Support Line
AIXTRON Europe
AIXTRON Ltd (UK)
AIXTRON K.K. (Japan)
AIXTRON Korea Co., Ltd.
AIXTRON Taiwan Co., Ltd. (Main Office)
AIXTRON Inc. (USA)
Christoph Pütz
Senior Manager ESG & Sustainability
Christian Ludwig
Vice President Investor Relations & Corporate Communications
Ralf Penner
Senior IR Manager
Christian Ludwig
Vice President Investor Relations & Corporate Communications
Prof. Dr. Michael Heuken
Vice President Advanced Technologies