StockTicker
Navigatie is gesloten

Events & Shows

31 Jul 2013

Besi Reports 72.5% Net Income and 29.5% Order Increase in Q2-13 vs. Q1-13. Results Exceed Expectations

Duiven, the Netherlands, July 31, 2013 - BE Semiconductor Industries N.V. ("the Company" or "Besi") (NYSE Euronext: BESI; OTCQX: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the second quarter ended June 30, 2013.

Key Highlights Q2-13
  • Revenue of € 72.4 million up 13.1% vs. Q1-13 primarily due to higher purchases by Asian subcontractors for smart phone and tablet applications. Down 16.8% vs. Q2-12 due to lower demand for high end smart phones
  • Orders up 29.5% vs. Q1-13 to € 82.7 million due primarily to increased demand for die attach and molding systems for smart phone and tablet applications. Down 9.3% vs. Q2-12
  • Gross margins rose to 40.4% from 39.6% in Q2-13 due to higher volume combined with stable production overhead. Down vs. 41.5% in Q2-12
  • Net income rose to € 6.5 million in Q2-13 vs. € 3.8 million in Q1-13. Down € 3.5 million vs. Q2-12

 

Key Highlights H1-13
  • Revenue of € 136.5 million, down 4.4% vs. H1-12
  • Net income of € 10.3 million, up slightly vs. € 10.2 million in H1-12

 

Outlook
  • Sound financial performance anticipated in Q3-13. Revenue flat to down 10% vs. Q2-13 reflecting mixed near term industry picture. Cautiously optimistic about industry prospects for 2014

 

To read the full version of the press release, please download the PDF file.

Back to overview
Back To Top