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    DGAP-News  571  0 Kommentare AIXTRON SE: Initial Success from the 5-Point-Program / Progress in efficiency and cost reduction programs / Customers remain hesitant to invest


    DGAP-News: AIXTRON SE / Key word(s): Half Year Results/Incoming Orders
    AIXTRON SE: Initial Success from the 5-Point-Program / Progress in
    efficiency and cost reduction programs / Customers remain hesitant to
    invest

    25.07.2013 / 07:31

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    Initial Success from the AIXTRON 5-Point-Program
    Progress in efficiency and cost reduction programs
    Customers remain hesitant to invest

    Aachen, Germany, July 25, 2013 - AIXTRON SE (ISIN DE000A0WMPJ6), a leading
    provider of deposition equipment to the semiconductor industry, today
    announced revenues of EUR 45.3m for the second quarter of 2013,
    representing a quarterly sequential increase of 13 percent compared to EUR
    40.2m in Q1/2013. AIXTRON also recorded improvements in its gross profit
    and operating result (EBIT).

    This development reflects first positive impacts from the 5-Point-Program,
    which was started in Q1/2013. Efficiency improvements and cost cutting
    measures resulted in reductions in both cost of sales and operating
    expenses.

    Key Financials

    2013 2012 2013 2013
    (in EUR million) H1 H1 +/- Q2 Q1 +/-
    Revenues 85.6 88.1 -3% 45.3 40.2 13%
    Gross profit -35.4 25.0 -242% 12.3 -47.7 126%
    Gross margin -41% 28% -69 pp 27% -118% 145
    pp
    Operating result (EBIT) -86.1 -34.7 148% -9.8 -76.3 -87%
    EBIT margin -101% -39% -62 pp -22% -190% 168
    pp
    Net result -87.8 -23.9 -267% -11.8 -76.0 -84%
    Net result margin -103% -27% -76 pp -26% -189% 163
    pp
    Net result per share - basic (EUR) -0.87 -0.24 -263% -0.12 -0.75 -84%
    Net result per share - diluted (EUR) -0.87 -0.24 -263% -0.12 -0.75 -84%
    Free cash flow* 5.6 -37.5 115% -3.7 9.3 -140%
    Equipment order intake 60.3 61.5 -2% 30.5 29.9 2%
    Equipment order backlog (end of
    period) 71.7 137.7 -48% 71.7 78.4 -9%

    * Operating CF + Investing CF + Changes in Cash Deposits

    Investment demand from LED manufacturers remained subdued despite a
    continued reduction of production overcapacities in the market. This was
    also reflected in the development of order intake (Q2/2013: EUR 30.5m;
    Q1/2013: EUR 29.9m).

    Gross profit in Q2/2013 amounted to EUR 12.3m and thus came in
    significantly better than the previous quarter which had been affected by
    inventory write-downs (Q1/2013: EUR -47.7m; Q2/2012: EUR 14.7m; H1/2013:
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    DGAP-News AIXTRON SE: Initial Success from the 5-Point-Program / Progress in efficiency and cost reduction programs / Customers remain hesitant to invest DGAP-News: AIXTRON SE / Key word(s): Half Year Results/Incoming Orders AIXTRON SE: Initial Success from the 5-Point-Program / Progress in efficiency and cost reduction programs / Customers remain hesitant to invest 25.07.2013 / …