04.07.2024 23:17:49 - dpa-AFX: EQS-News: AIXTRON reports preliminary Q2/2024 results with strong order intake. Momentum in SiC and GaN power continues. Guidance for 2024 adjusted. (english)

AIXTRON reports preliminary Q2/2024 results with strong order intake.
Momentum in SiC and GaN power continues. Guidance for 2024 adjusted.

EQS-News: AIXTRON SE / Key word(s): Change in Forecast/Preliminary Results
AIXTRON reports preliminary Q2/2024 results with strong order intake.
Momentum in SiC and GaN power continues. Guidance for 2024 adjusted.

04.07.2024 / 23:17 CET/CEST
The issuer is solely responsible for the content of this announcement.

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AIXTRON reports preliminary Q2/2024 results with strong order intake.
Momentum in SiC and GaN power continues. Guidance for 2024 adjusted.

Herzogenrath, July 4, 2024 - AIXTRON SE (FSE: AIXA, ISIN DE000A0WMPJ6) is
reporting preliminary results for the second quarter 2024. Preliminary order
intake in the second quarter of 2024 turned out strong at approx. EUR 176
million (Q2/2023: EUR 177.9 million) with the largest shares of equipment
orders coming from the Silicon Carbide (SiC) power (-58%) and Gallium
Nitride (GaN) power (-29%) segments. At approx. EUR 132 million (Q2/2023:
EUR 173.5 million) preliminary revenues were in the upper half of the guided
range (EUR 120 - 140 million). The preliminary operating result (EBIT) is
approx. EUR 13 million (Q2/2023: EUR 44.6 million) which translates into an
EBIT-margin of approx. 10%.

Based on the current market developments and the budget exchange rate of
1.15 USD/EUR (2023: 1.15 USD/EUR), the Executive Board adjusts the guidance
for fiscal year 2024 and now expects to generate revenues in the range
between EUR 620 million and EUR 660 million (previously EUR 630 million -
EUR 720 million), a gross margin of around 43% - 45% (unchanged) and an EBIT
margin of around 22% - 25% (previously 24% - 26%).

"We have delivered a quarter with strong orders, especially in the area of
SiC and GaN power electronics. This confirms the continued momentum in the
industry to replace traditional silicon with the superior materials GaN and
SiC. We expect similar strong orders in the upcoming quarters, as key
customers continue to drive the expansion of their fabs for wide bandgap
power semiconductors," said Dr. Felix Grawert, CEO and President of AIXTRON
SE.

The full half-year report 2024 including the final results for the first
half of 2024 will be published as planned on July 25, 2024.

Contact Persons

Christian Ludwig
Vice President Investor Relations
fon +49 (2407) 9030-444
e-mail c.ludwig@aixtron.com

Ragah Dorenkamp
Director Corporate Communications
fon +49 (2407) 9030-1830
mobile +49 (151) 74607360
e-mail r.dorenkamp@aixtron.com

About AIXTRON

AIXTRON SE is a leading provider of deposition equipment to the
semiconductor industry. The Company was founded in 1983 and is headquartered
in Herzogenrath (near Aachen), Germany, with subsidiaries and sales offices
in Asia, United States and in Europe. AIXTRON´s technology solutions are
used by a diverse range of customers worldwide to build advanced components
for electronic and optoelectronic applications based on compound or organic
semiconductor materials. Such components are used in a broad range of
innovative applications, technologies and industries. These include Laser
and LED applications, display technologies, data transmission, SiC and GaN
power management and conversion, communication, signaling and lighting as
well as a range of other leading-edge applications.

Our registered trademarks: AIXACT®, AIXTRON®, APEVA®, Close Coupled
Showerhead®, EXP®, EPISON®, Gas Foil Rotation®, OptacapTM, OVPD®, Planetary
Reactor®, PVPD®, STExS®, TriJet®

For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6) please
visit our website at: www.aixtron.com

Forward-Looking Statements

This document may contain forward-looking statements regarding the business,
results of operations, financial condition and earnings outlook of AIXTRON.
These statements may be identified by words such as "may", "will", "expect",
"anticipate", "contemplate", "intend", "plan", "believe", "continue" and
"estimate" and variations of such words or similar expressions. These
forward-looking statements are based on our current assessments,
expectations and assumptions, of which many are beyond control of AIXTRON,
and are subject to risks and uncertainties. You should not place undue
reliance on these forward-looking statements. Should these risks or
uncertainties materialize, or should underlying expectations not occur or
assumptions prove incorrect, actual results, performance or achievements of
AIXTRON may materially vary from those described explicitly or implicitly in
the relevant forward-looking statement. This could result from a variety of
factors, such as actual customer orders received by AIXTRON, the level of
demand for deposition technology in the market, the timing of final
acceptance of products by customers, the condition of financial markets and
access to financing for AIXTRON, general conditions in the market for
deposition plants and macroeconomic conditions, cancellations, rescheduling
or delays in product shipments, production capacity constraints, extended
sales and qualification cycles, difficulties in the production process, the
general development in the semi-conductor industry, increased competition,
fluctuations in exchange rates, availability of public funding, fluctuations
and/or changes in interest rates, delays in developing and marketing new
products, a deterioration of the general economic situation and any other
factors discussed in any reports or other announcements , in particular in
the chapter Risks in the Annual Report, filed by AIXTRON. Any
forward-looking statements contained in this document are based on current
expectations and projections of the executive board based on information
available the date hereof. AIXTRON undertakes no obligation to revise or
update any forward-looking statements as a result of new information, future
events or otherwise, unless expressly required to do so by law.

This document is an English language translation of a document in German
language. In case of discrepancies, the German language document shall
prevail and shall be the valid version.


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04.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        AIXTRON SE
                   Dornkaulstraße 2
                   52134 Herzogenrath
                   Germany
   Phone:          +49 (2407) 9030-0
   Fax:            +49 (2407) 9030-445
   E-mail:         invest@aixtron.com
   Internet:       www.aixtron.com
   ISIN:           DE000A0WMPJ6
   WKN:            A0WMPJ
   Indices:        MDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate
                   Exchange; Nasdaq OTC
   EQS News ID:    1940091




End of News EQS News Service
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1940091 04.07.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AIXTRON SE NA O.N. A0WMPJ Xetra 22,230 05.07.24 17:35:21 +3,365 +17,84% 0,000 0,000 22,630 22,230

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