RoodMicrotec N.V. publishes the unaudited Interim Report for 2022
- only available in English - Total income EUR 7.3 m illion ( HY1 2021: EUR
7.3 million) EBITDA EUR 1.4 million (HY1 2021: EUR 1 .3 million ) Net profit
EUR 0.6 million ( HY1 202 1 : EUR 0.4 million)
Deventer, July 21 , 20 2 2 – RoodMicrotec N.V., a leading independent company
for semiconductors supply and quality services, today publishes the unaudited
Interim Report and the half-year results for the period ended on June 30, 2022.
The total income in the first half-year of 2022 is EUR 7.3 million, which is
equal to the total income reported for the first half-year of 2021 and for the
second half of 2021. The stable total income is driven by a continued strong
delivery level, especially in the test operations unit. In the first half of
2021 we ordered and received wafers for one of our SCM customers to manage the
supply chain during a planned change of an assembly house. About EUR 0.4
million was realized for these wafers as total income and approximately the
same amount was accounted for in the cost for raw materials and consumables.
This resulted in a higher total income and a higher cost of materials in the
first half of 2021 without an impact on the net profit. These parts will be
delivered during the second half of 2022 where only part of the selling price
will be recognized in the total income. The profit will therefore be positive.
EBITDA increased from EUR 1.3 million for the first half of 2021 to EUR 1.4
million for the first half of 2022. The lower cost of raw materials together
with a good cost control have continued to reduce the overall costs in the
first half-year of 2022.
Compared to the first half of 2021, the depreciation was lower in the first
half of 2022 due to lower investments during 2021. The financing costs remained
unchanged.
The net profit for the first half-year of 2022 increased by 47% to EUR 0.6
million compared to the first half-year of 2021. (x EUR 1,000) Unaudited
HY1 2022 Unaudited
HY1 2021 Total Income 7,317 7,282 EBITDA 1,440 1,317 Net profit 64 4 437
Net cash flow from operating activities was positive with EUR 0.3 million
(2021: positive with EUR 0.9 million). The change is the result of an increase
in working capital during the first half of 2022. Net cash flow was negative
with EUR 0.6 million (2021: positive with EUR 0.6 million). This was mainly due
to the lower net cash from operating activities as well as investments and
redemption of the 2012 perpetual bond during the first half of 2022.
The order book increased considerably compared to December 31, 2021, which is
encouraging and indicates that a big part of the forecasted increase in total
income for 2022 over last year is now covered with orders.
“ Despite the general supply chain situation in the world , we have been able
to continue our test operations at a high utilization level. This shows that we
have logistics under control and are well prepared for the future increase in
demand ”, says Martin Sallenhag, CEO of RoodMicrotec. “The global shortage of
semiconductor supplies as well as logistic challenges may still impact our
ability to meet our plan for the full-year 2022 , but we are closely monitoring
the situation to be able to act if necessary . ”
Unaudited Interim Report 2022
You will find the complete unaudited Interim Report 2022, which is available
only in English and as an electronic version, on our corporate website:
www.roodmicrotec.com/en/investor-relations-en/financial-publications .
Conference call
CEO Martin Sallenhag and CFO Arvid Ladega will present the unaudited Interim
Report 2022 and respond to questions. You are invited to join RoodMicrotec’s
conference call for media, analysts and shareholders (a Microsoft TEAMS event)
on
Thursday, July 21, 2022 at 9:30 CEST
Login-information:
Join with your computer or mobile app Click here to join the meeting
Or call in (audio only) +49 69 509544247 Germany, Frankfurt am Main +31 20 399
9804 The Netherlands, Amsterdam +32 2 895 09 68 Belgium, Bruxelles +41 43 217
23 02 Switzerland, Zurich
Find a local number – in case you are in another country
Phone Conference ID: 760 330 187#
Financial calendar July 21, 2022 Conference call for media, analysts and
shareholders October 13, 2022 Trading update quarter 3-2022 January 26, 2023
Publication (preliminary) annual total income 2022
F orward-looking statements
This press release contains a number of forward-looking statements. These
statements are based on current expectations, estimates and prognoses by the
Board of Management as well as on the information currently available to the
Company. The statements are subject to certain risks and uncertainties which
are hard to evaluate, such as the general economic conditions, interest rates,
exchange rates and amendments to statutory laws and regulations. The Board of
Management of RoodMicrotec cannot guarantee that its expectations will
materialize. Furthermore, RoodMicrotec does not accept any obligation to update
the statements made in this press release.
About RoodMicrotec
RoodMicrotec is a leading independent company for semiconductor supply and
quality services. With more than 50 years of experience in the semiconductor
and electronics industry, RoodMicrotec is well-established as a highly valued
partner for many companies worldwide. The Company provides full-turnkey ASIC
services for complex microchips that are customized to handle specific
applications for individual customers. In cooperation with strong partners,
RoodMicrotec manages the entire development and production flow of ASICs in the
target volume, ranging from low quantities up to multiple millions per year.
The turnkey solution includes project management, wafer test, assembly, final
test, qualification, failure analysis and logistics. All services comply with
the industrial and quality requirements of the high reliability, aerospace,
automotive, healthcare and industrial sectors. RoodMicrotec’s headquarters are
located in Deventer, Netherlands, with operational units in Nördlingen and
Stuttgart, Germany.
For more information visit https://www.roodmicrotec.com
Further information
Martin Sallenhag - CEO, Arvid Ladega - CFO
Telephone: +31 570 745623 Email: investor-relations@roodmicrotec.com
Web: www.roodmicrotec.com
This press release is only published in English. This communication contains
information that qualifies as inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation. The company’s managing director and CEO
Martin Sallenhag , is responsible for arranging the release of this document on
behalf of Rood Microtec .
Anhänge 2022 07 21_RoodMicrotec-half year result_E 2022 Interim Report
RoodMicrotec