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austriamicrosystems AG

euro adhoc: austriamicrosystems AG
Financial Figures/Balance Sheet / Profitable growth for austriamicrosystems in the third quarter

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
25.10.2005
Key financial data for the third quarter of 2005
Unterpremstaetten, Austria (October 25, 2005) — austriamicrosystems
(SWX: AMS) recorded profitable growth also in the third quarter of
2005. The third quarter of 2005 shows substantial increases in
revenues, operating profit and earnings, compared to last year.
Consolidated group revenues for the third quarter 2005 reached EUR
46.4 million, an increase of 13% compared to the same quarter in
2004. Gross margin increased considerably to 45% from 42% in the same
period last year. The result from operations (EBIT) for the third
quarter grew to EUR 6.3 million, an increase of 23% compared to the
same quarter last year. For costs related to the ramp-down of our
legacy 100mm fab which will be completed before year-end we recorded
a one-time charge of EUR 2.2 million.
The third quarter net result increased by 41% to EUR 6.0 million from
EUR 4.2 million in the same period in 2004. Basic (diluted) earnings
per share for the third quarter were CHF 0.85 / EUR 0.54 (CHF 0.83 /
EUR 0.53), strongly up from CHF 0.60 / EUR 0.39 (CHF 0.60 / EUR 0.39)
in the same period last year. Total backlog stood at EUR 60.7 million
on September 30, 2005 compared to EUR 56.4 million on September 30,
2004.
Our business units Industry & Medical, Communications and Automotive
continue their market success with high-performance customized and
standard products. We see increasing demand for our advanced power
management and lighting solutions for portable devices including the
next generation portable satellite receiver from XM Radio, and are
successful with our portable audio system solutions which are at the
heart of high capacity flash-based MP3 players to be launched by a
major manufacturer.
In other focus areas such as medical devices, metering and automation
we experience continuing growth and strong customer interest. Our
global network of sales and design locations allows us to take
advantage of expanding market opportunities in North America, Europe
and Asia. In operations, we are implementing the increase of
production capacity in our 200mm wafer fab from 5,200 WSPM (wafer
starts per month) to 6,500 WSPM and anticipate that the additional
capacity will be operational by year-end.
We expect our business to continue its positive development and
revenues and earnings to show further meaningful increases in the
fourth quarter. Given the dependence of production ramp-ups for
designed-in products on customers’ launch and order schedules, we
anticipate full year revenue growth for 2005 to reach between 10 and
12.5%, based on current information. For the coming year 2006, we see
continuing growth in revenues, margins and earnings for
austriamicrosystems.
The complete third quarter report 2005 including detailed financial
information is available on austriamicrosystems’ website under
http://www.austriamicrosystems.com/08ir/report.htm
end of announcement                               euro adhoc 25.10.2005 06:50:00

Further inquiry note:

Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-5970
Fax: +43 3136 500-5420
Email: investor@austriamicrosystems.com

Branche: Technology
ISIN: AT0000920863
WKN: 632638
Börsen: SWX Swiss Exchange / official dealing

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