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13 October 2015

Aixtron lowers full-year 2015 revenue guidance from €220m-250m to €190-200m

Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that, due to the postponement of deliveries to a large Chinese customer from 2015 to 2016 (depending on the progress of the ongoing milestone-based qualification process) as well as the consideration of current opportunities and risks, it has lowered its full-year 2015 revenue guidance from €220m-250m to €190-200m.

However, the firm has reiterated its guidance to return to break-even on the basis of earnings before interest, tax, depreciation and amortization (EBITDA) within second-half 2015 (based on the USD/EUR exchange rate as of end-September 2015).

The results of the first nine months and the third quarter of 2015 will be published as scheduled on 27 October.

See related items:

Aixtron's first-half revenue and margin suppressed by delayed customer qualifications for AIX R6 MOCVD tool

Tags: Aixtron MOCVD PECVD OLEDs

Visit: www.aixtron.com

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