Ad-hoc | 9 March 2006 15:57
AIXTRON Reports Headline Financial Results for Fiscal Year 2005
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AIXTRON Reports Headline Financial Results for Fiscal Year 2005
Aachen, Germany – March 9, 2006 – AIXTRON AG (FSE: AIX, NASDAQ: AIXG) today
announced headline financial results for fiscal year 2005, ended December
31, 2005.
In line with Company guidance given on November 3, 2005, AIXTRON’s revenues
in 2005 totaled Euro 139.4 million (revenue of Euro 140.0 million in
2004:). Following the first-time application of International Financial
Reporting Standards (“IFRS”), the Company is reporting a net loss of Euro
53.5 million in 2005 (net income of Euro 7.7 million in 2004).
The Company’s net loss for 2005 included special items from balance sheet
adjustments totaling Euro 30.3 million. These special items resulted from
asset impairment charges totaling Euro 28.2 million (with Euro 13.8 million
relating to goodwill, Euro 11.2 million relating to intangible assets, Euro
1.6 million relating to inventories and Euro 1.6 million relating to plant,
property, and equipment); accruals for restructuring and pending losses
totaling Euro 1.5 million; and tax effects totaling Euro 0.6 million.
The IFRS net loss before adjustment for these special items amounted to
Euro 23.2 million. Further adjusting for IFRS-specific expenses of Euro 2.4
million as well as for deferred taxes totaling Euro 6.2 million not
capitalized under IFRS, AIXTRON’s preliminary and unaudited US GAAP net
loss before special items totaled Euro 14.6 million in 2005, which is in
line with Company guidance given on November 3, 2005 of a net loss ranging
from approximately Euro 10 million to approximately Euro 15 million for
2005.
Impairment charges for goodwill and intangible assets were largely related
to Genus, Inc. which was acquired by AIXTRON in March 2005.
Further details on AIXTRON’s 2005 financial results will be given on the
occasion of the publication of its annual report for fiscal year 2005 on
March 15, 2006.
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Informationen und Erläuterungen des Emittenten zu dieser Ad-Hoc-Mitteilung:
AIXTRON will host a financial analyst and investor conference call on March
15, 2006 at 08:30 CET (02:30 EST) to review the fiscal year 2005 results.
From 08:15 CET (02:15 EST) you may listen to the call live at +49-(0)
69-9897-2634. Both a conference call audio replay and a transcript of the
conference call will be available at http://www.aixtron.com, section
“investors”, following the conference call. Additionally, AIXTRON will
hold an analyst and press conference on March 15, 2006 in Frankfurt (Main),
Germany (at Dresdner Bank AG, Jürgen-Ponto-Platz 1), at 10:00 CET (04:00
EST)
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”, “plan”,
“believe”, “continue” and “estimate”, and variations of these words and
similar expressions, identify these forward-looking statements. The
forward-looking statements reflect our current views and assumptions and
are subject to risks and uncertainties. You should not place undue reliance
on the forward-looking statements. The following factors, and others which
are discussed in AIXTRON’s public filings and submissions with the U.S.
Securities and Exchange Commission, are among those that may cause actual
and future results and trends to differ materially from our forward-looking
statements: actual customer orders received by AIXTRON; the extent to which
chemical vapor deposition, or CVD, 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 update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless required by law.
Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kackertstr. 15–17, 52072 Aachen, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
(c)DGAP 09.03.2006
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language: English
emitter: AIXTRON AG
Kackertstr. 15-17
52072 Aachen Deutschland
phone: +49 (0)241 8909-444
fax: +49 (0)241 8909-445
email: invest@aixtron.com
WWW: www.aixtron.com
ISIN: DE0005066203
WKN: 506620
indexes: TecDAX
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf;
Foreign Exchange(s) Nasdaq
End of News DGAP News-Service
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