RoodMicrotec reports a 19% year-over-year growth rate for the third quarter of 2022
October 13 2022 - 12:55AM
RoodMicrotec reports a 19% year-over-year growth rate for the third
quarter of 2022
- Total
income of EUR
4.3 million in
Q3 2022, a year-over-year
growth of
19%
- Order
book value has further grown since
the beginning of the
quarter
- New
investments to increase capacity
and capabilities
Deventer,
October 13, 2022
– RoodMicrotec N.V., a leading independent company
for semiconductors supply and quality services, today releases its
trading update for the third quarter of 2022. The total income for
the quarter was EUR 4.3 million, which is 19% higher than the total
income in the third quarter of 2021 (EUR 3.6 million). The test
operations department is continuing to grow with existing and new
customers. The total income for the first nine months of 2022 was
EUR 11.6 million, which is 6% higher than the total income for the
first nine months of 2021 (EUR 10.9 million). Due to long-term
contracts and increasing demand from new customers, the value of
the order book is higher than at the beginning of the quarter. This
generates a good basis for the upcoming quarters.
“We are very pleased with the high total income
throughout the year and especially with the third quarter, which
drew the highest quarterly total in the last 20 years”, says Martin
Sallenhag, CEO of RoodMicrotec. “We keep investing in new equipment
to be able to support the increasing demands from our customers.
During 2022, we have purchased new handlers and testers as well as
new equipment for the Qualification and Failure Analysis
department.”
Outlook
RoodMicrotec expects the total income in 2022 to
be in the range of EUR 15.0 million to
EUR 15.6 million with a positive result before tax. The
current situation in the world regarding lead-times for wafers and
packaging as well as shipment delays may impact the ability to
achieve the expected total income. The war in Ukraine as well as
the current energy crisis could also have an impact on the business
but in the short term we don’t see any significant impacts.
RoodMicrotec is keeping a close eye on the situation and is doing
everything possible to mitigate any impact.
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,
political situation, 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.
Financial calendar
January 26, 2023 |
Publication (preliminary) annual total income 2022 |
April 13, 2023 |
Trading update for the first quarter of 2023 |
April 20, 2023 |
Publication annual report 2022 |
April 20, 2023 |
Conference call for press and analysts |
June 6, 2023 |
Annual general meeting of shareholders |
July 20, 2023 |
Publication interim report 2023 |
July 20, 2023 |
Conference call for press and analysts |
October 19, 2023 |
Trading update for the third quarter of 2023 |
Audit
The financial data in this press release have
not been audited.
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 published in English and
German. In case of conflict between these versions, the English
version shall prevail.
- 2022 10 13_RoodMicrotec-Trading Update Q3-2022_E
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