15. September 2011 | Ad Hoc News
AIXTRON SE / Key word(s): Profit Warning/Change in Forecast 15.09.2011 07:44 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. --------------------------------------------------------------------------- Increased short-term global market uncertainty shifting revenues into 2012 / AIXTRON issues new 2011 guidance Aachen/Germany, September 15, 2011 - AIXTRON SE (FSE: AIXA; NASDAQ: AIXG) issues a new 2011 revenue and EBIT guidance of EUR 600m - 650m revenues with an EBIT performance of c. 25-30%. The Management has also reviewed the existing equipment order backlog and has decided, as a matter of prudence, to reduce the previously published order backlog by EUR 100m. This new guidance and backlog adjustment reflects the perceived increase in conversion risk, purchase order delays and deferred system delivery requests into 2012 by several customers, specifically in Asia. Whilst in the opinion of Management, the mid- to long-term LED market opportunities remain very positive, recent discussions with Asian customers have revealed an increasing concern about the short-term fragility of the economic recovery, leading to consequent investment caution. Coupled with evident margin pressures from rapidly dropping end market prices for LEDs, several customers are delaying new purchase order placements and deferring system deliveries into 2012. With the very positive customer response to the company's recent new MOCVD CRIUS II-L product release, AIXTRON Management continues to believe that the imminence of an emerging LED lighting industry in conjunction with initiatives such as the Chinese 5 year plan continues to support the positive outlook for the LED industry, despite short-term demand adjustments driven by market uncertainty. 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 (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 SE, Kaiserstr. 98, 52134 Herzogenrath, Germany Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com www.aixtron.com 15.09.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: AIXTRON SE Kaiserstr. 98 52134 Herzogenrath Germany 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, Düsseldorf, München, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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Investor Relations
Ralf Penner
Senior IR Manager
Alan Tai
Taiwan/Singapore
Christof Sommerhalter
USA
Christian Geng
Europe
Hisatoshi Hagiwara
Japan
Nam Kyu Lee
South Korea
Wei (William) Song
China
AIXTRON SE (Headquarters)
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AIXTRON Europe
AIXTRON Ltd (UK)
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Laura Preinich
Recruiter
Tom Lankes
Talent Acquisition Expert- Ausbildungsleitung
Christoph Pütz
Senior Manager ESG & Sustainability
Christian Ludwig
Vice President Investor Relations & Corporate Communications
Ralf Penner
Senior IR Manager
Christian Ludwig
Vice President Investor Relations & Corporate Communications
Prof. Dr. Michael Heuken
Vice President Advanced Technologies