AIXTRON Reports Full Year Results for 2006.- Return to Profitability, EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5.9 million Net Profit - Sales Increase by 23% yoy - Order Intake rises by 57% yoy - Positive Outlook for Fiscal Year 2007 AACHEN, Germany -- AIXTRON AG, a leading provider of deposition equipment to the semiconductor industry, today announced financial results for the full year 2006. Key Financial Figures (IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System ) (EUR million) 2006 2005 Sales revenues 171.7 139.4 Gross profit 63.4 34.7 Gross margin, % revenues 37% 25% EBIT 5.7 -52.7 EBIT, % revenues 3% -38% Net result 5.9 -53.5 Net result, % revenues 3% -38% Net result per share - basic (EUR) 0.07 -0.65 Net result per share - diluted (EUR) 0.07 -0.65 Free cash flow 15.7 -15.2 Equipment order intake 178.0 113.6 Equipment order backlog (end of period) 85.1 48.6 A more positive market environment for semiconductor equipment, an expanded customer range following the integration of Genus genus, in taxonomy: see classification. genus Biological classification. It ranks below family and above species, consisting of structurally or phylogenetically (see , Inc., and improving demand for newly launched products increased 2006 AIXTRON Group revenues by 23% to EUR 171.7 million. As a result of the revenue increase, and following the successful review of costs and operating practices, AIXTRON generated a net income after tax of EUR 5.9 million in 2006. The value of compound equipment orders, received by AIXTRON in 2006, rose by 79 %, compared to 2005, to EUR 136.8 million, reflecting a significant mid-year rise in demand from LED end-application markets. Based on robust demand for CVD CVD Cardiovascular disease, see there equipment for memory applications, the value of orders received for silicon semiconductor equipment also increased by 11 % year over year, to EUR 41.2 million in 2006. Management Review Paul Hyland, President and Chief Executive Officer at AIXTRON, commented: 'The increase in the depth and breadth of our business following the integration of Genus, Inc., and the focus on cost and efficiency have been key elements in producing the positive 2006 financial results. Working off this foundation and with an encouraging outlook, we believe we can further establish profitable growth during the coming year.' Outlook AIXTRON believes that 2007 revenues will remain at a healthy level both for the compound and silicon semiconductor applications. Taking into consideration the healthy order backlog as per December 31, 2006 of EUR 85.1 million, the Company expects sales revenues in a range of EUR 190 million and EUR 200 million and EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). of EUR 15 million and EUR 16 million for fiscal year 2007. Investor Conference Call AIXTRON will host a financial analyst and investor conference call on March 15, 2007 at 08:30 CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr (02:30 EST EST electroshock therapy. EST abbr. electroshock therapy ) to review the Full Year 2006 results.From 08:15 CET (02:15 EST) you may listen to the call live at +49 (0) 69 5007 1079 (Germany) / +44 (0) 20-7365 1828 (United Kingdom) / +1 (718) 354 1357 (United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ). 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. Financial Tables The complete consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge (balance sheet, income statement, cash flow statement, statement of changes in equity) are available in the Annual Report 2006 on www.aixtron.com, section 'Investors' / 'Reports/Presentations' / 'Financial Reports'. Further information For further information on AIXTRON (FSE FSE 1. feline spongiform encephalopathy. 2. focal symmetrical encephalomalacia. : AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. , ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. : DE0005066203; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AIXG, ISIN: US0096061041) please consult our website at: www.aixtron.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Vapor deposition Production of a film of material often on a heated surface and in a vacuum. Vapor deposition technology is used in a large variety of applications. , 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 fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. 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, Kackertstr. 15-17, 52072 Aachen, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
Language: English
Issuer: AIXTRON AG
Kackertstr. 15-17
52072 Aachen Deutschland
Phone: +49 (0)241 8909-444
Fax: +49 (0)241 8909-445
E-mail: invest@aixtron.com
WWW: www.aixtron.com
ISIN: DE0005066203
WKN: 506620
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin-Bremen, Munchen, Hamburg,
Dusseldorf, Stuttgart; Terminborse EUREX; Foreign
Exchange(s) Nasdaq
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