Ad-hoc | 11 March 2005 06:22
Aixtron AG: AIXTRON Reports Preliminary Financial
Ad hoc announcement §15 WpHG
Periodenergebnisse
Aixtron AG: AIXTRON Reports Preliminary Financial
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Aachen, Germany – March 11, 2005 – AIXTRON AG (FSE: AIX; ISIN DE0005066203), a
leading provider of equipment for compound semiconductor epitaxy, today
announced preliminary unaudited financial results for fiscal year 2004, ended
December 31, 2004.
Preliminary unaudited revenues for fiscal year 2004 are expected to total
approximately Euro 140 million, exceeding guidance given on November 4, 2004
of expected revenues in the range of Euro 125 million to Euro 130 million. By
comparison, total revenues for fiscal year 2003 totaled Euro 90.4 million. The
year-over-year increase in total revenues largely results from strong order
intake in the first and second quarter of 2004.
Preliminary unaudited operating income for fiscal year 2004 is expected to
total approximately Euro 8 million, as compared to an operating loss of Euro
26.6 million in fiscal year 2003.
Preliminary unaudited net income for fiscal year 2004 is expected to total
approximately Euro 7 million, exceeding guidance given on November 4, 2004 of
expected net income in the range of Euro 3 million to Euro 4 million
(excluding the impact of merger-related effects). By comparison, AIXTRON
incurred a net loss for fiscal year 2003 of Euro 17.8 million. Net income for
fiscal year 2004 includes merger-related effects amounting to approximately
Euro 2 million, principally related to taxation benefits from the acquisition
of Genus.
AIXTRON expects to publish complete audited financial results for the fourth
quarter and fiscal year 2004 by the end of March 2005.
AIXTRON AG
Kackertstr. 15-17
52072 Aachen
Deutschland
ISIN: DE0005066203 (TecDAX)
WKN: 506620
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 11.03.2005
Issuer’s information/explanatory remarks concerning this ad hoc announcement:
About AIXTRON
AIXTRON AG (FSE: AIX; ISIN DE0005066203) is a leading provider of equipment
for compound semiconductor epitaxy. The Company’s products are used by a
diverse range of customers worldwide to manufacture advanced semiconductor
components such as HBTs, PHEMTs, MESFETs, Lasers, LEDs, Detectors, and VCSELs
used in fiber optic communication systems, wireless and mobile telephony
applications, optical storage devices, illumination, signaling and lighting,
as well as a range of other leading-edge technologies. AIXTRON AG’s securities
are listed in the Prime Standard market segment of the Frankfurt Stock
Exchange and are included both in the TecDAX index and the MSCI World Index.
More information about AIXTRON can be found on the Web at www.aixtron.com.
Contact:
Investor Relations and Corporate Communications:
T: +49-241-8909-444
F: +49-241-8909-445
invest@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,” “plans,” “believe,”
“continue” and “estimate,” and variations of these words and similar
expressions, identify these forward-looking statements. These statements are
not guarantees of future performance, involve certain risks, uncertainties and
assumptions that are difficult to predict, and are based upon assumptions as
to future events that may not prove accurate. Therefore, actual outcomes and
results may differ materially from what is expressed herein. In any forward-
looking statement in which AIXTRON expresses an expectation or belief as to
future results, such expectation or belief is expressed in good faith and
believed to have a reasonable basis, but there can be no assurance that the
statement or expectation or belief will result or be achieved or accomplished.
Actual operating results may differ materially from such forward-looking
statements and are subject to certain risks, including risks arising from:
actual customer orders received by AIXTRON; the extent to which metal-organic
chemical vapor deposition, or MOCVD, 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 (and
expressly disclaims any such obligation to) update the reasons why actual
results could differ materially from those projected in the forward-looking
statements. Any reference to the Internet website of AIXTRON is not an
incorporation by reference of such information in this news release, and you
should not interpret such a reference as an incorporation by reference of such
information.
Additional Information
For additional information about factors that could affect our future
financial and operating results, see our filings with the Securities and
Exchange Commission, including the Registration Statement on Form F-4
(Regis.No. 333-122624) filed with the Commission on February 8, 2005 and
available at the Commission’s website at www.sec.gov.
Certain Participants
AIXTRON and its directors and executive officers may be deemed to be
participants in the solicitation of proxies from the shareholders of Genus in
connection with the merger. Information regarding the special interests of
these directors and executive officers in the merger will be included in the
proxy statement/prospectus described above.
End of message (c)DGAP
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