Aixtron 9-month EBIT Rises, Revenue Up 2%; Firms Up Forecast For Sales, Orders

(RTTNews) - Aixtron AG (AIXG) reported that its nine month operating result (EBIT) increased 18 percent to 24.5 million euros from prior year. Net result was at 20.2 million euros compared to 27.7 million euros. Earnings per share was 0.18 euros compared to 0.25 euros.

For the nine month period, revenues increased 2 percent to 184.6 million euros from previous year. Order intake declined 35 percent to 150.6 million euros.

Aixtron management refined its forecast for 2019. The company now expects to receive orders for the current financial year of around 220 million euros (previously: 220 million euros to 260 million euros). Revenues of around 260 million euros (previously: 260 million euros to 290 million euros) are projected for 2019. Management anticipates a free cash flow around 15 million euros in 2019 (previously 15 million euros to 25 million euros).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More