10 June 2021
Aixtron raises guidance for full-year order intake, revenue and EBIT margin
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has further raised its guidance for its full-year 2021 financial results.
The firm says that it was recently able to book a number of large orders and also expects strong customer demand for the remainder of the year. In particular, order intake in second-quarter 2021 is expected to be at a level similar to that seen in first-quarter 2021 (which was €124.4m, up 35% on the prior quarter’s record €92.2m and up 81% on €68.8m a year previously). As a result, Aixtron’s executive board has raised its guidance for full-year 2021 order intake further, from the upper end of the prior €340-380m range to now €420-460m.
This very positive order situation, which exceeds expectations, should lead to an increase in shipments and revenues in full-year 2021.
Aixtron has hence also further raised its guidance for full-year 2021 revenue from the upper end of €320-360m to now €400-440m.
While gross margin guidance remains about 40% of revenue, the guidance for full-year 2021 EBIT margin has also been raised further, from about 18% of revenue to now 20-22% of revenue (compared with the initial guidance of 16%).