Zwolle, 14 May 2013
As expected, RoodMicrotec's total sales in the first quarter of 2013 did not yet show any recovery, and thus were in line with the first quarter of 2012 and weaker than in the fourth quarter of 2012. Sales in the first quarter are virtually always somewhat weaker than in the fourth, and that has been the case this year as well. This is in line with the trend in the global semiconductor industry, which is marked by a lesser first half year and a stronger second half year. In the first months of this year the semiconductor industry did not show any recovery yet, but the outlook for 2013 is positive.
Both the number of applications and offers and our order portfolio clearly increased in the first quarter, pretty much across the board. Also, we did a great deal of preparatory work for future sales, which should result in higher sales in the second half of this year and next year.
Outlook for 2013
In the first three months of 2013 the semiconductor market was at more or less the same level as in the corresponding period in 2012, but the expectations for the full year 2013, and in particular the second half, are very positive (+4.5%), and the market is expected to grow further (+5.2%) in 2014.
In view of this market outlook we expect, in line the development of the semiconductor market, a sales increase in the second half of 2013. We aim to compensate for our current problems in the second half of 2013.
We maintain our previously stated long-term objective of annual autonomous growth of between 3% and 13% at an average growth of the semiconductor market of 6%, of improving the operating result and the net result, and of further reducing our debt position.
About RoodMicrotec
With 40 years' experience as an independent value-added microelectronics and optoelectronics service provider, RoodMicrotec offers a one-stop shopping proposition to fabless companies, OEMs and other business partners.
RoodMicrotec has built up a strong position in Europe with its powerful solutions. Its services comply with the highest industrial and quality requirements as demanded by the high-reliability/aerospace, automotive, telecommunications, medical, IT and electronics sectors.
'Certified by RoodMicrotec' concerns certification of products inter alia to the stringent ISO/TS 16949 standard for suppliers to the automotive industry. The company has an accredited laboratory for testing and calibration activities in accordance with the ISO/IEC 17025 standard.
The value-added services include Extended Supply Chain Management Failure & Technology Analysis, Qualification & Monitoring Burn-In, Test- & Product engineering, Production Test (including device programming and end-of-line service), ESD/ESDFOS assessment & training, quality & reliability consulting, supply chain management and total manufacturing solutions with partners.
RoodMicrotec has facilities in Germany (Dresden, Nördlingen, Stuttgart), UK (Bath) and in the Netherlands (Zwolle).
Further information:
Philip Nijenhuis, CEO
Telephone +31 (0) 38 4215216
Email: investor-relations@roodmicrotec.com
Website: www.roodmicrotec.com
