Source : EuropeanMarkets
Key Highlights YTD-15/YTD-14
Revenue of € 271.4 million down 6.3% vs. YTD-14 due to reduced demand for smart phones and mainstream electronics partially offset by growth in high end cloud server and solar applications
Orders of € 271.0 million down 16.9% primarily due to lower bookings by Asian subcontractors for flip chip and multi module die attach and ultra-thin molding equipment for smart phone and other advanced packaging applications. Partially offset by significant growth in TCB and die sorting orders
Gross margins increased to 48.5% vs. 43.8% in YTD-14 due primarily to material cost efficiencies and forex gains
Net income of € 39.3 million down € 12.1 million vs YTD-14. Net margin of 14.5% vs. 17.7% YTD-14
Outlook
Q4-15 revenue expected to be within a range of +10% to -10% vs. Q3-15 levels. Continued strong cash flow generation forecast
Source : Press Release BE Semiconductor Industries NV, Duiven (The Netherlands), October 22, 2015
