AIXTRON reports highly successful final full year 2009 results
AIXTRON AG 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.
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)
