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AIXTRON AG Reports Full-Year Results for 2008 / Guidance Achieved: Revenues EUR 274.4M (+28%) / EBIT EUR 32.5M (+58%), Net Result EUR 23M (+33%).

Publication: Business Wire
Publication Date: 12-MAR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: AIXTRON AG Reports Full-Year Results for 2008 / Guidance Achieved: Revenues EUR 274.4M (+28%) / EBIT EUR 32.5M (+58%), Net Result EUR 23M (+33%).(Financial report)

Article Excerpt
AIXTRON reports full-year results for 2008 / Guidance achieved: Revenues EUR 274.4m (+28%) / EBIT EUR 32.5m (+58%), Net Result EUR 23m (+33%) / 2008 Dividend Proposal: EUR 0.09 per Share / Book to Bill 1:1 in 2008 / Only limited 2009 guidance possible: Company intends to remain EBIT positive

AACHEN, Germany -- AIXTRON AG, worldwide leading provider of deposition equipment to the semiconductor industry, today announced financial results for fiscal year 2008, ended December 31, 2008.

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Operational Highlights

In fiscal year 2008, AIXTRON delivered total Revenues of EUR 274.4m, a 28 percent increase year on year (2007: EUR 214.8m). This substantial increase was mainly due to higher sales of compound semiconductor equipment, driven by rising demand for LED end-market applications.

Reflecting the increasing percentage of new common platform system revenues, paired with a favorable product mix, the Gross Margin improved by 1 percentage point year on year, culminating in a 41 percent Gross Margin performance by the end of 2008.

Scale effects and further enhancements of internal...

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