RoodMicrotec N.V. publishes the unaudited Interim Report for 2022
July 21 2022 - 12:55AM
RoodMicrotec N.V. publishes the unaudited Interim Report for 2022
- only available in English -
- Total income
EUR 7.3
million
(HY1 2021: EUR
7.3 million)
- EBITDA EUR 1.4
million (HY1 2021: EUR
1.3
million)
- Net profit
EUR 0.6 million
(HY1
2021: EUR 0.4
million)
Deventer, July
21,
2022
– RoodMicrotec N.V., a leading independent company
for semiconductors supply and quality services, today publishes the
unaudited Interim Report and the half-year results for the period
ended on June 30, 2022.
The total income in the first half-year of 2022
is EUR 7.3 million, which is equal to the total income
reported for the first half-year of 2021 and for the second half of
2021. The stable total income is driven by a continued strong
delivery level, especially in the test operations unit. In the
first half of 2021 we ordered and received wafers for one of our
SCM customers to manage the supply chain during a planned change of
an assembly house. About EUR 0.4 million was realized for
these wafers as total income and approximately the same amount was
accounted for in the cost for raw materials and consumables. This
resulted in a higher total income and a higher cost of materials in
the first half of 2021 without an impact on the net profit. These
parts will be delivered during the second half of 2022 where only
part of the selling price will be recognized in the total income.
The profit will therefore be positive.
EBITDA increased from EUR 1.3 million for the
first half of 2021 to EUR 1.4 million for the first half of 2022.
The lower cost of raw materials together with a good cost control
have continued to reduce the overall costs in the first half-year
of 2022.
Compared to the first half of 2021, the
depreciation was lower in the first half of 2022 due to lower
investments during 2021. The financing costs remained
unchanged.
The net profit for the first half-year of 2022
increased by 47% to EUR 0.6 million compared to the first half-year
of 2021.
(x EUR 1,000) |
UnauditedHY1 2022 |
UnauditedHY1 2021 |
|
Total Income |
7,317 |
7,282 |
|
EBITDA |
1,440 |
1,317 |
|
Net profit |
644 |
437 |
|
Net cash flow from operating activities was
positive with EUR 0.3 million (2021: positive with EUR 0.9
million). The change is the result of an increase in working
capital during the first half of 2022. Net cash flow was negative
with EUR 0.6 million (2021: positive with EUR 0.6 million).
This was mainly due to the lower net cash from operating activities
as well as investments and redemption of the 2012 perpetual bond
during the first half of 2022.
The order book increased considerably compared
to December 31, 2021, which is encouraging and indicates that a big
part of the forecasted increase in total income for 2022 over last
year is now covered with orders.
“Despite the general supply chain situation in
the world, we have been able to continue our test operations at a
high utilization level. This shows that we have logistics under
control and are well prepared for the future increase in demand”,
says Martin Sallenhag, CEO of RoodMicrotec. “The global shortage of
semiconductor supplies as well as logistic challenges may still
impact our ability to meet our plan for the full-year 2022, but we
are closely monitoring the situation to be able to act if
necessary.”
Unaudited Interim Report
2022
You will find the complete unaudited Interim
Report 2022, which is available only in English and as an
electronic version, on our corporate website:
www.roodmicrotec.com/en/investor-relations-en/financial-publications.
Conference call
CEO Martin Sallenhag and CFO Arvid Ladega will
present the unaudited Interim Report 2022 and respond to questions.
You are invited to join RoodMicrotec’s conference call for media,
analysts and shareholders (a Microsoft TEAMS event) on
Thursday, July 21, 2022
at 9:30 CEST
Login-information:Join
with your computer or mobile
app Click
here to join the meeting
Or call in (audio only)
+49 69 509544247 |
Germany, Frankfurt am Main |
+31 20 399 9804 |
The Netherlands, Amsterdam |
+32 2 895 09 68 |
Belgium, Bruxelles |
+41 43 217 23 02 |
Switzerland, Zurich |
Find a local number – in case you are in another country
Phone Conference
ID: 760 330 187#
Financial calendar
July 21, 2022 |
Conference call for media, analysts and shareholders |
October 13, 2022 |
Trading update quarter 3-2022 |
January 26, 2023 |
Publication (preliminary) annual total income 2022 |
Forward-looking
statements
This press release contains a number of
forward-looking statements. These statements are based on current
expectations, estimates and prognoses by the Board of Management as
well as on the information currently available to the Company. The
statements are subject to certain risks and uncertainties which are
hard to evaluate, such as the general economic conditions, interest
rates, exchange rates and amendments to statutory laws and
regulations. The Board of Management of RoodMicrotec cannot
guarantee that its expectations will materialize. Furthermore,
RoodMicrotec does not accept any obligation to update the
statements made in this press release.
About
RoodMicrotec
RoodMicrotec is a leading independent company
for semiconductor supply and quality services. With more than 50
years of experience in the semiconductor and electronics industry,
RoodMicrotec is well-established as a highly valued partner for
many companies worldwide. The Company provides full-turnkey ASIC
services for complex microchips that are customized to handle
specific applications for individual customers. In cooperation with
strong partners, RoodMicrotec manages the entire development and
production flow of ASICs in the target volume, ranging from low
quantities up to multiple millions per year. The turnkey solution
includes project management, wafer test, assembly, final test,
qualification, failure analysis and logistics. All services comply
with the industrial and quality requirements of the high
reliability, aerospace, automotive, healthcare and industrial
sectors. RoodMicrotec’s headquarters are located in Deventer,
Netherlands, with operational units in Nördlingen and Stuttgart,
Germany.
For more information visit
https://www.roodmicrotec.com
Further information
Martin Sallenhag - CEO, Arvid Ladega -
CFOTelephone: +31 570
745623 Email:
investor-relations@roodmicrotec.com Web:
www.roodmicrotec.com
This press release is only published in English.
This communication contains information that qualifies as inside
information within the meaning of Article 7(1) of the EU Market
Abuse Regulation. The company’s managing director and CEO Martin
Sallenhag, is responsible for arranging the release of this
document on behalf of RoodMicrotec.
- 2022 07 21_RoodMicrotec-half year result_E
- 2022 Interim Report RoodMicrotec
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