AIXTRON continues profitable growth in Q3/2018

Strong demand for power electronics, laser and ROY LED applications boosts order intake / Earnings expectation increased.

Order intake including spare parts and service improved by 16% over the previous year in 9M/2018 to EUR 230.3m. This positive development is mainly due to the continued demand for MOCVD systems for the production of power electronics and lasers such as surface-emitting (VCSEL, Vertical-Cavity Surface-Emitting Laser) or edge-emitting (EEL, Edge Emitting Laser) lasers for applications in 3D sensing or optical data transmission as well as red, orange and yellow (ROY) LEDs. 

"In this fiscal year, we are benefiting from the increasing market penetration of new display and communication technologies worldwide. Our MOCVD systems for ROY LEDs and laser applications such as VCSEL or EEL, which are particularly in demand in the field of 3D sensor technology or optical data transmission, have established themselves as technically leading systems. The growing orders from power electronics are due to the increasing use of components based on gallium nitride or silicon carbide for energy-efficient communication, automotive energy management, consumer electronics and mobile devices," added Dr. Felix Grawert, President of AIXTRON SE.

Source: Aixtron (LINK)

Investor presentation : https://seekingalpha.com/article/4215985-aixtron-se-2018-q3-results-earnings-call-slides?app=1&dr=1

 

Earnings call transcript: https://seekingalpha.com/article/4216135-aixtron-se-aixxf-q3-2018-results-earnings-call-transcript?part=single