MOCVD Demand Continued To Increase, Aixtron 2018 Revenue And Gross Profit Double Growth

- Feb 27, 2019-

Yesterday (26 June), AIXTRON, the world's leading supplier of semiconductor industry deposition equipment, released its full-year 2018 results.

Benefiting from the continued demand for MOCVD systems, aixtron achieved revenue of 268.8 million euros (about 2.05 billion yuan) in 2018, up 17 percent year-on-year.

Sales were up 40 per cent on the previous year, with two-thirds of MOCVD system equipment sold for the manufacture of optoelectronic components, 16 per cent for LED production (including ROY and specialty leds) and 8 per cent for power electronics.

The gross profit and gross profit margin increased significantly year on year, reaching 117.6 million euros (+ 59%) and 44% (an increase of 12 percentage points).

EBIT(profit before interest and tax) rose to 41.5 million euros (about 317 million yuan).

As of December 31, 2018, the backlog of equipment orders increased to 138.3 million euros (about 1.055 billion yuan), up 27 percent from the previous year.

"2018 has been a great year for aixtron," said aixtron President Dr. Bernd Schulte.

We are pleased to have not only achieved, but also slightly exceeded our expectations.

"" however, we are cautious about 2019 as we are seeing less willingness from customers to invest in optoelectronics at the moment." "

"With our joint venture partner IRUJA joining our OLED subsidiary APEVA, we have set an important direction for the future," he said.

We expect our first customer order after completing the testing phase of the Gen2 OLED system by the end of this year.

In addition, we are focusing on aixtron's sustainable development, such as tapping the growth potential of power electronics.

"With strong order volumes and backlogs, we expect to have a significant positive run this year.