EANS-Adhoc: austriamicrosystems AG
austriamicrosystems reports preliminary
financial information
18.01.2012 – 18:03
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 18.01.2012 Preliminary financial information for full year and fourth quarter 2011 Unterpremstaetten, Austria (January 18, 2012) austriamicrosystems (SIX: AMS), a leading global designer and manufacturer of high performance analog ICs for consumer, communications, industrial, medical and automotive applications, reports preliminary unaudited financial information for 2011 showing full year group revenues of EUR 275.7 million (USD 383.3 million), 32% higher compared to EUR 209.4 million for 2010 (38% in constant currency) and above the company´s full year guidance of EUR 270-275 million (USD 365-371 million). Fourth quarter group revenues 2011 were EUR 81.0 million, 40% higher than fourth quarter 2010 (39% in constant currency) and almost unchanged from the previous quarter. Gross margin for the full year 2011 was 52% excluding an acquisition-related amortization charge and 51% including the acquisition-related amortization charge, a meaningful increase from 48% reported for 2010. Gross margin for the fourth quarter 2011 was 53% excluding an acquisition-related amortization charge and 50% including the acquisition-related amortization charge, compared to 51% in the fourth quarter 2010. Based on the continuing market success and volume growth of its sensor and power management solutions, austriamicrosystems raises its previous 2012 guidance and now expects full year 2012 revenue growth of more than 20% with faster growth in earnings, based on currently available information. For the first quarter 2012 and in contrast to typical first quarter end market seasonality, austriamicrosystems expects a sequential increase in revenues compared to the fourth quarter 2011. austriamicrosystems will publish detailed audited financial information for 2011 on February 29, 2012 before market open. About austriamicrosystems austriamicrosystems is a leading designer and manufacturer of high performance analog ICs, combining almost 30 years of analog design know-how with state-of-the-art manufacturing and test facilities and production partnerships. austriamicrosystems leverages its expertise in low power and high accuracy to provide industry-leading standard and customized analog products. Operating worldwide with more than 1,200 employees, austriamicrosystems focuses on the areas of power management, sensors & sensor interfaces and mobile infotainment in its markets Consumer & Communications, Industry & Medical and Automotive. Through the combination with TAOS, a world leader in advanced light sensors, austriamicrosystems has expanded its innovative sensor offering for growth markets such as mobile devices. austriamicrosystems is listed on the SIX Swiss Exchange in Zurich (ticker: AMS). For more information, please visit www.austriamicrosystems.com Further inquiry note: Moritz M. Gmeiner Director Investor Relations Tel: +43 3136 500-5970 Fax: +43 3136 500-5420 Email: investor@austriamicrosystems.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: austriamicrosystems AG Schloß Premstaetten A-8141 Unterpremstaetten phone: +43 3136 500-0 FAX: +43 3136 500-5420 mail: investor@austriamicrosystems.com WWW: www.austriamicrosystems.com sector: Technology ISIN: AT0000920863 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English