Skip to main content

RoodMicrotec announces revenue update for FY2019

Written by Customer Service on . Posted in Public Companies.

Deventer, 26th November 2019 – RoodMicrotec N.V., a leading independent company for semiconductors supply and quality services, is expecting the revenue for the full-year 2019 to be in line with the full-year 2018. This is outperforming the semiconductor industry in Europe, predicted at a decline of 6.1% year-on-year for 2019 according to WSTS (World Semiconductor Trade Statistics), due to the weak global market situation. The steady book-to-bill ratio above one is showing confidence that the revenue will grow even if the market situation is continuing to be tight.“Despite the cancellation of one big SCM project by our client’s customer, as reported earlier in the year, in combination with the weak global semiconductor market conditions, RoodMicrotec is still able to maintain a high level of revenue for the full-year 2019”, says Martin Sallenhag, CEO of RoodMicrotec. “The outlook for the coming years is positive thanks to the good order intake and the right customer mix.”OutlookBased on several new engagements as well as an increasing number of ASIC supply chain projects in the pipeline, RoodMicrotec expects an organic revenue growth rate in the range of 8 to 12% per year with yearly improving positive net results.Extraordinary General Meeting of ShareholdersThis afternoon at 13.00 CET an EGM will be held at the Amsterdam Stock Exchange (Euronext) at Beursplein 5 in Amsterdam, in which a vote will be taken on the proposal to grant the engagement for the audit of the RoodMicrotec N.V. financial statements for the financial years 2019, 2020, 2021 and 2022 to KPMG Accountants  N.V. Furthermore, the Company’s Management Board will give a business update that corresponds with the abovementioned outlook.
Financial agendaAbout RoodMicrotecRoodMicrotec is a leading independent company for semiconductor supply and quality services. With 50 years of experience in the semiconductor and electronics industry, RoodMicrotec is well-established as a highly valued partner for many companies worldwide. The company provides full-turnkey ASIC services for complex microchips that are customized to handle specific applications for individual customers. In cooperation with strong partners, RoodMicrotec manages the entire development and production flow of ASICs in the target volume, ranging from low quantities up to multiple millions per year. The turnkey solution includes project management, wafer test, assembly, final test, qualification, failure analysis and logistics. All services comply with the industrial and quality requirements of the high reliability, aerospace, automotive, healthcare and industrial sectors. RoodMicrotec’s headquarter is located in Deventer, Netherlands, with operational units in Nördlingen and Stuttgart, Germany.For more information visit https://www.roodmicrotec.comFurther informationMartin Sallenhag – CEO, Arvid Ladega – CFO
Telephone: +31 570 745623           Email: investor-relations@roodmicrotec.com       Web: www.roodmicrotec.comThis press release is published in English, Dutch and German. In case of conflict between these versions the English version shall prevail.Attachment2019 11 26_Revenue Update FY2019_E

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.