AIXTRON Reports Improved Operating Result In Q1, Revenues Up 21%; Raises EBIT Guidance
HERZOGENRATH (dpa-AFX) - AIXTRON SE (AIXG) reported a negative operating result (EBIT) of 0.7 million euros in the first quarter of 2021 compared to a negative EBIT of 1.1 million euros, prior year. The net result was 3.8 million euros, compared to a loss of 0.8 million euros, prior year, primarily due to further recognition of deferred tax assets.
First quarter revenues rose by 21% to 49.5 million euros. Order intake increased by 81% year-on-year to 124.4 million euros. The order backlog as of March 31, 2021, was 223.5 million euros, up around 53% from prior year.
The Executive Board confirmed the previously issued full-year guidance with regard to order intake, revenues, and gross margin and raised it in regard to the EBIT margin.