10. March 2010 | Ad Hoc News
AIXTRON AG / Restructure of Company/Forecast 10.03.2010 14:59 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AIXTRON reports highly successful final full year 2009 results / 2010 Guidance: EUR 600m-EUR 650m Revenues, 25%plus EBIT / AIXTRON plans conversion into European Company (SE) Aachen, Germany, March 10, 2010 - AIXTRON AG (ISIN DE000A0WMPJ6), worldwide leading provider of deposition equipment to the semiconductor industry, today announced record financial results for fiscal year 2009 and guidance for 2010 of EUR600m to EUR650m revenues with an EBIT margin of 25% or higher as well as its plan to convert from an AG into a SE company structure. Key Financials2009 2008 +/- 2009 2008 +/- (million EUR) Full Full % Q4 Q4 % Year Year Revenues 302.9 274.4 10% 117.9 82.3 43% Gross profit 134.7 112.9 19% 55.5 35.6 56% Gross margin 44% 41% 3 pp 47% 43% 4 pp Operating result (EBIT) 62.7 32.5 93% 33.7 7.4 355% EBIT-margin 21% 12% 9 pp 29% 9% 20 pp Net result 44.8 23.0 95% 24.4 4.1 495% Net result margin 15% 8% 7 pp 21% 5% 16 pp Net result per share - basic 0.49 0.26 88% 0.23 0.05 460% (EUR) Net result per share - diluted 0.48 0.25 92% 0.23 0.04 575% (EUR) Dividend proposal/dividend per 0.15 0.09 67% share (EUR) Equipment Order Intake 370.1 250.8 48% 163.3 40.6 302% Equipment Order Backlog (end 203.8 105.0 94% 203.8 105.0 94% of period)Outlook AIXTRON entered the year with a very solid opening order backlog of EUR 190.9m (revalued from EUR 203.8m at USD 1.50/EUR as of January 1, 2010), all shippable in 2010. AIXTRON Management believes that, on this basis, AIXTRON can deliver total revenues of EUR 600m to EUR 650m and an EBIT margin of 25%plus in fiscal year 2010. AIXTRON AG plans conversion into European Company (SE) The Management Board and Supervisory Board of AIXTRON Aktiengesellschaft will propose to its shareholders in the general meeting on 18 May 2010 to convert the Company's legal form from a German AG (Aktiengesellschaft) into a European Company (Societas Europaea, SE) with the name AIXTRON SE. The company will continue to have its registered office in Herzogenrath, Germany. Together with their invitation to the general meeting, the Shareholders of AIXTRON AG will receive detailed information under the relevant item of the AGM agenda regarding the contemplated conversion of the legal form. Investor Conference Call AIXTRON will host a financial analyst and investor conference call on Thursday, March 11, 2010, 3:00 p.m. CET (6:00 a.m. PST, 09:00 a.m. EST) to review the full-year 2009 results. From 2:50 p.m. CET (5:50 a.m. PST, 8:50 a.m. EST) you may dial in to the call at +49 (69) 247501-899 or +1 (212) 444-0297. 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. Contact: Guido Pickert Investor Relations and Corporate Communications: T: +49-241-8909-444 F: +49-241-8909-445 invest@aixtron.com For further information on AIXTRON AG (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ: AIXG, ISIN US0096061041) please consult our website at: www.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', '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, Kaiserstr. 98, 52134 Herzogenrath, Germany Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com www.aixtron.com 10.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: AIXTRON AG Kaiserstr. 98 52134 Herzogenrath Deutschland Phone: +49 (241) 8909-444 Fax: +49 (241) 8909-445 E-mail: invest@aixtron.com Internet: www.aixtron.com ISIN: DE000A0WMPJ6, US0096061041 WKN: A0WMPJ Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) Nasdaq End of News DGAP News-Service ---------------------------------------------------------------------------
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