09.12.2015 20:49:17
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DGAP-Ad hoc: AIXTRON SE
AIXTRON SE / Key word(s): Contract
09.12.2015 20:49
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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AIXTRON SE and San'an Optoelectronics agree a substantial reduction in
order volume
The existing partnership will be continued with new conditions
AIXTRON continues AIX R6 product development and qualification
Herzogenrath, Germany, December 09, 2015 - AIXTRON SE (ISIN DE000A0WMPJ6),
one of the world's leading providers of deposition equipment to the
semiconductor industry, has reached an agreement with its Chinese customer
San'an Optoelectronics regarding a substantial reduction in the volume of
AIX R6 MOCVD systems ordered from 50 to the three which have already been
delivered.
Despite the efforts made by both parties, the customer's specific qualification requirements were not achieved. Both parties agreed to continue their existing partnership by cooperating on future system generations as well as on systems for other applications.
AIXTRON will proceed in marketing and the further development of the AIX R6 Showerhead technology. The focus is now on existing customers that have already achieved or are in the process of achieving qualification.
Impact on revenue and earnings
Based on a broader distribution of revenue for equipment in the silicon industry, power electronics and other optoelectronic applications, the company expects to generate full-year revenues of approximately EUR 190 million in 2015. The strategy of diversifying the product portfolio has borne fruit in the first nine months of 2015. The target of an EBITDA break-even in the second half of 2015 remains in place.
AIXTRON expects to generate revenues in 2016 of around the same level as 2015.
Results for 2015 will be published as planned on February 23, 2016.
Contact: Guido Pickert Investor Relations & Corporate Communications T: +49 (2407) 9030-444 F: +49 (2407) 9030-445 invest@aixtron.com
For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ: AIXG, ISIN US0096061041) please consult our website at http://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.
09.12.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
--------------------------------------------------------------------------- Language: English Company: AIXTRON SE Dornkaulstraße 2 52134 Herzogenrath Germany Phone: +49 (2407) 9030-0 Fax: +49 (2407) 9030-40 E-mail: invest@aixtron.com Internet: www.aixtron.com ISIN: DE000A0WMPJ6, US0096061041 WKN: A0WMPJ, A0D82P Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Terminbörse EUREX; Nasdaq End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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