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Booming Aixtron raises 2007 expectations

With sales on the up and orders for MOCVD equipment rocketing, Aixtron CEO Paul Hyland says that his company's outlook is more positive now than at any time over the past five years.

Ten years to the day since it became a public company, leading MOCVD equipment vendor Aixtron has reported a record intake of orders.

Reporting the company's financial results from the US for the first time, a delighted Paul Hyland said that the outlook for Aixtron was more positive than any other time in the past five or six years.

Aside from the healthy order position, Aixtron posted sales revenue of €51.7 million ($75.3 million) in the third quarter of 2007 "“ up strongly on both the immediately prior quarter and the equivalent period last year.

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