Zwolle, 09 July 2013
The first quarter of 2013 was still weak, but in the second quarter there was a marked recovery. This has resulted in provisional sales for the first half of 2013 of € 5,505 million, a 3% decline compared to the first half of 2012 (€ 5,688 million).
Supply Chain Management in particular picked up due to the market recovery. The other sectors were affected in terms of direct external sales inter alia by restructuring at some major customers. Qualification & Reliability Investigation, Test Engineering and Test did, however, contribute to the increase in Supply Chain Management activities.
The continuing OEM and Fabless markets both showed stable sales. Due to the ongoing economic uncertainty, new projects were still affected by postponements, but there were hardly any cancellations.
Sales by business unit in the first half of 2013 vs. first half of 2012
| (x EUR 1,000) | HY1 2013 | HY1 2012 | Change | |||
| Test | 2,166 | 2,360 | -8% | |||
| Supply Chain Management | 1,194 | 992 | +20% | |||
| Failure & Technology Analysis | 703 | 778 | -10% | |||
| Test Engineering | 293 | 353 | -17% | |||
| Qualification & Reliability Investigaton | 1,149 | 1,205 | -5% | |||
| TOTAL | 5,505 | 5,688 | -3% |
Outlook
In the context of the lower than expected sales in the first few months of 2013, the Semiconductor Industry Association (SIA) has downgraded its sales forecasts for 2013 and 2014 (from 5.2% to 2.1% for 2013 and from 5.2% to 5.1% for 2014). For the second half of this year the SIA still forecasts reasonable growth compared to the first half year. RoodMicrotec is strongly dependent on economic cycles and generally follows theseby a 3 to 6-month delay. Over recent months in particular, our order development confirmed the market recovery. For this reason, we anticipate for the second half of 2013 and beyond, in accordance with earlier pronouncements, a market recovery and increasing sales for RoodMicrotec.
Quote Philip Nijenhuis, RoodMicrotec CEO: 'After a long period of economic instability and consequently stagnating markets, we are now seeing light at the end of the tunnel and are reasonably optimistic for the second half of 2013 and 2014'.
Financial agenda 2013/2014
| 29 August 2013 | Publication interim report 2013 |
| 29 August 2013 | Conference call for press and analysts |
| 14 November 2013 | Publication trading update |
| 9 January 2014 | Publication annual sales figures 2013 |
| 27 February 2014 | Publication annual figures 2013 |
| 27 February 2014 | Conference call for press and analysts |
| 13 March 2014 | Publication annual report 2013 |
| 24 April 2014 | Annual general meeting of shareholders |
| 13 May 2014 | Publication trading update |
| 10 July 2014 | Publication trading figures |
| 28 August 2014 | Publication interim report 2014 |
| 28 August 2014 | Conference call for press and analysts |
| 13 November 2014 | Publication trading update |
Forward-looking statements
This press release contains a number of forward-looking statements. These statements are based on current expectations, estimates and prognoses of the board of management and 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 materialise. Furthermore, RoodMicrotec does not accept any obligation to update the statements made in this press release.
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
