04.07.2024 23:17:34 - EQS-News: 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.
2024-07-04 / 23:17 CET/CEST
The issuer is solely responsible for the content of this announcement.
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®,
Optacap^TM, 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.
2024-07-04 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.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
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
===
1940091 2024-07-04 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1940091&application_name=news&site_id=dow_jones%7e%7e%7ef1066a31-ca00-4e1a-b0a4-374bd7d0face

END) Dow Jones Newswires

July 04, 2024 17:17 ET (21:17 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AIXTRON SE NA O.N. A0WMPJ Frankfurt 22,300 05.07.24 19:58:59 +3,425 +18,15% 0,000 0,000 19,400 22,300

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH