Incoming orders for the current year are now expected to range between EUR 540 and 600 (previously: 520 to 580) million. With sales revenues of between EUR 450 and 500 million, as previously planned, the Management Board now expects to achieve a higher gross margin of around 42 (previously: 41) percent and an EBIT margin of around 22 to 24 (previously 21 to 23 ) percent.
In the third quarter, incoming orders rose by 25 percent to EUR 142.8 million. Meanwhile, sales fell by 32 percent to 88.9 million euros. According to the announcement, AIXTRON cites individual customer-related delivery delays and the delayed issue of export licenses as reasons. For the fourth quarter, the company expects extraordinarily strong deliveries and a significant increase in sales due to the high demand.
Gross profit was EUR 39.3 (56.3) million with a gross margin of 44 (43) percent. The operating result (EBIT) was EUR 16.2 (36.2) million with an EBIT margin of 18 (28) percent. Net income fell to EUR 19.1 (31.4) million. Earnings per share were EUR 0.17 (0.28).
On XETRA, the AIXTRON share temporarily fell 3.01 percent to EUR 28.04 on Thursday.
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