Micronas Semiconductor Holding AG
Micronas Semiconductor: Further improvement in sales and earnings
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Business development in the third quarter and the first nine months of 2005
Further improvement in sales and earnings in third quarter
The Micronas Group generated consolidated net sales of CHF 225.2 million in
the third quarter, 14.9 percent higher than in the previous quarter. Operating
profit (EBIT) improved by 87.7 percent to CHF 27.4 million, equivalent to 12.2
percent of net sales. Order intake stood at CHF 206.8 million. The book-to-
bill ratio was 0.92. Profit for the reporting period reached CHF 20.0 million,
a quarter-on-quarter improvement of 65.3 percent. Earnings per share were CHF
0.62, an increase of 67.6 percent over the previous three months.
Sales for the first nine months of 2005 totaled CHF 614.3 million, a fall of
16.9 percent compared with the same period of 2004. Operating profit before
depreciation and amortization of goodwill (EBITDA) decreased by 45.9 percent
compared with the same period of 2004, coming in at CHF 132.7 million.
Operating profit (EBIT) reached CHF 50.8 million, likewise lower than the
previous year’s figure. Profit for the first nine months of 2005 was CHF 39.9
million, 60.0 percent down on the same period of 2004. Profit in percent of
net sales was 6.5 percent. Earnings per share were CHF 1.22.
In order to be prepared for the advent of high-definition television picture
formats, a new “HD ready” label was introduced at the IFA in Berlin, one of
the world’s biggest consumer electronics shows. Following in the footsteps of
the USA and Japan, important markers have now been set for the introduction of
HDTV technology in Europe. With its two platforms -VCTP (for low-end to mid-
range) and VGC (for high-end equipment) – that conform to the “HD-ready”
standard, Micronas already ensures optimized coverage of customers’ product
categories.
The Automotive division made good progress in the first nine months of 2005.
Demand for Hall sensors remained buoyant.
For the 2005 business year as a whole, the Micronas Group expects sales to
reach CHF 830 to 840 million and a profit for the period of CHF 45 to 50
million.
The Micronas Group is a leading independent supplier of innovative,
application-specific semiconductor solutions for consumer and automotive
electronics. Its shares are listed on the SWX Swiss Exchange and on the Prime
Standard segment (TecDax) in Frankfurt.
Zurich, October 11, 2005
For further information:
Susy Krucker, Investor Relations
Phone: +41 44 445 39 60, E-mail: investor@micronas.com
Detailed financial data can be accessed at http://www.micronas.com
End of announcement (c)DGAP 11.10.2005
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WKN: 910354 ; ISIN: CH0012337421; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; Zürich
110729 Okt 05
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