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euro adhoc: Financial Figures/Balance Sheet / austriamicrosystems pre-announces preliminary key financial figures for fiscal year 2007 (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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10.01.2008
Unaudited key financial data for fiscal year 2007
Unterpremstaetten, Austria (January 10, 2008) — austriamicrosystems (SWX: AMS),
a leading worldwide designer and manufacturer of high performance analog ICs for
communications, industry & medical and automotive applications, expects revenues
for fiscal year 2007 of EUR 193.9 million based on unaudited information,
slightly below the previous fiscal year´s revenues of EUR 196.4 million and
below previous company guidance. This unfavorable development is mainly due to
mobile entertainment revenues from Asian customers expected in the fourth
quarter 2007 which were not realized as anticipated and the impact of the
continuing unfavorable EUR/USD exchange rate environment within the fourth
quarter 2007. Unaudited revenues grew by more than 16% quarter-on-quarter from
the third to the fourth quarter 2007.
Despite the lower full year revenues, the preliminary unaudited gross margin for
fiscal year 2007 increased by more than two percentage points to over 50%, up
from 48% for fiscal year 2006. Given this revenue impact and based on
preliminary unaudited information, austriamicrosystems expects the result from
operations or EBIT for fiscal year 2007 to be approximately 10 % below previous
company guidance.
Notwithstanding these developments, austriamicrosystems is convinced that its
strategic positioning in its target markets is excellent and fully supported by
key OEM relationships. austriamicrosystems therefore expects 2008 to be a
successful year with substantial growth in revenues and earnings.
Fully audited financial figures for the fourth quarter and fiscal year 2007 will
be available on February 19, 2008 as previously announced.
About austriamicrosystems
austriamicrosystems is a leading designer and manufacturer of high performance
analog ICs, combining more than 25 years of analog design capabilities and
system know-how with its own state-of-the-art manufacturing and test facilities.
austriamicrosystems leverages its expertise in low power and high accuracy to
provide industry-leading customized and standard analog products. Operating
worldwide with more than 1,000 employees, austriamicrosystems focuses on the
areas of power management, sensors & sensor interfaces, portable audio and car
access in its markets Communications, Industry & Medical and Automotive,
complemented by its Full Service Foundry activities. austriamicrosystems is
listed on the SWX Swiss Exchange in Zurich (ticker symbol: AMS). For more
information, please visit the web site at www.austriamicrosystems.com.
Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-5970
Fax: +43 3136 500-5420
Email: [email protected]
end of announcement euro adhoc
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emitter: austriamicrosystems AG
Schloß Premstaetten
A-8141 Unterpremstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-5420
mail: [email protected]
WWW: www.austriamicrosystems.com
sector: Technology
ISIN: AT0000920863
indexes:
stockmarkets: official dealing: SWX Swiss Exchange
language: English
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