Micronas Semiconductor Holding AG
Micronas Semiconductor english
Further sales and profit growth for Micronas
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Further sales and profit growth for Micronas
The business of the Micronas Group developed well in the second quarter of
2002. Consolidated net sales improved again, reaching CHF 172.5 million, 7.1
percent up on the first three months of the current year. For the first
semester of 2002, consolidated net sales totalled CHF 333.5 million, 17.6
percent higher than in the comparable period a year ago. The net profit of CHF
15.1 million in the second quarter was 86.4 percent up on the first quarter
2002. Utilization of production capacity reached around 90 percent at the end
of the second quarter.
end of ad-hoc-announcement (c)DGAP 17.07.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
In the second quarter of 2002, the operating profit before depreciation and
amortization of goodwill (EBITDA) improved to CHF 51.4 million, which is 29.8
percent of net sales and an increase of 9.8 percent compared with the first
quarter. The semi-annual value was CHF 98.2 million. The operating profit
(EBIT) reached CHF 24.5 million, 21.9 percent more than in the previous
quarter, or 14.2 percent of net sales. The EBIT for the first semester of 2002
amounts to CHF 44.7 million, representing 13.4 percent of net sales.
The net profit for the second quarter was CHF 15.1 million and CHF 23.2 million
for the first half-year 2002. First half-years earnings per share amounted to
CHF 0.93, or CHF 1.23 adjusted for amortization of goodwill after taxes.
The business outlook for the second semester still holds some uncertainties.
However, the reached growth of Micronas’ business in the first half year in a
difficult market as well as the good orders on hand give some grounds for
optimism. For the current financial year we expect sales growth between 19 and
25 percent with about the same net profit in percent of net sales as reported
for the first half-year.
The Micronas Group is a leading independent supplier of innovative application-
pecific semiconductor solutions for consumer and automotive electronics. Its
shares are listed on the SWX Swiss Exchange and the Neuer Markt in Frankfurt.
Zurich, 17 July 2002, Micronas Semiconductor Holding AG
For further information: Susy Krucker, Investor Relations
phone: +41 1 445 39 60, e-mail: investor@micronas.com
Detailed financial data are available to download at: www.micronas.com
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WKN: 910 354 ; ISIN: CH0012337421; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; Zürich
170730 Jul 02
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