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austriamicrosystems AG

euro adhoc: austriamicrosystems AG
quarterly or semiannual financial statement / austriamicrosystems successful in the third quarter with growth in revenues, gross margin and earnings

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quaterly report
22.10.2007
Key financial data for the third quarter of 2007
Unterpremstaetten, Austria (October 22, 2007) — austriamicrosystems 
(SWX: AMS), a leading global designer and manufacturer of analog ICs 
for the communications, industrial, medical and automotive markets, 
grew revenues, gross margin and earnings in the third quarter of 
2007, given ongoing good demand for its analog semiconductor 
solutions from Europe, North America and Asia.
Consolidated group revenues for the third quarter 2007 reached EUR 
51.1 million, compared to EUR 49.8 million the same quarter in 2006. 
Gross margin grew strongly by more than two percentage points to 50% 
from 48% in the same period last year. Despite ongoing R&D 
investments for product platform and process developments and an 
unstable exchange rate environment, the result from operations (EBIT)
for the third quarter increased by 12% to EUR 9.1 million, from EUR 
8.2 million in the same quarter last year.
The net result for the third quarter reached EUR 8.7 million, 
increasing 9% from EUR 7.9 million in the same period last year. 
Basic and diluted earnings per share for the third quarter were CHF 
1.31 / EUR 0.79 up from CHF 1.14 / EUR 0.72 in the same period last 
year. Total backlog which does not reflect consignment stock 
agreements and therefore is not fully comparable to previous years 
stood at EUR 55.0 million on September 30, 2007 (EUR 65.1 million on 
September 30, 2006).
austriamicrosystems´ business performed well and in some areas 
slightly ahead of expectations in the third quarter. In 
communications, the ramp-up of lighting management products at key 
OEMs Nokia and SonyEricsson is developing positively with several 
released handset models very successful in the market and attaining 
high volume levels. austriamicrosystems was able to broaden its 
product reach into these customers through additional design-wins for
power management, mobile entertainment and lighting products. While 
austriamicrosystems´ total mobile entertainment business for this 
year is impacted by delayed ramp-ups, SanDisk released new highly 
successful miniature MP3 players based on austriamicrosystems´ system
solution.
Both the industrial and automotive markets showed continuing good 
performance with strength across a large number of product segments, 
including industrial sensors, rotary encoders and sensor interfaces 
for automotive and medical systems. In operations, 
austriamicrosystems saw further improvements in its manufacturing 
efficiency which coupled with product mix enhancements drove the 
positive development of its gross margin in the quarter.
austriamicrosystems anticipates revenues and earnings to show strong 
increases in the fourth quarter 2007, reflecting typical seasonality.
Full year revenues and earnings for 2007 are expected to be impacted 
by the continuing weakness of the US dollar with full year revenue 
growth currently expected as a low single-digit percentage and full 
year earnings expected slightly below last year´s level, based on 
available information. Full year gross margin for 2007 is foreseen to
improve meaningfully over last year.
Looking forward into 2008, austriamicrosystems is well positioned in 
its target markets and confident about its growth opportunities with 
designed-in products and new projects. Consequently, 
austriamicrosystems expects higher revenue growth as well as earnings
growth in 2008, compared to this year.
The complete third quarter report 2007 including detailed financial 
information is available on austriamicrosystems´ website under 
http://www.austriamicrosystems.com/08ir/report.htm
end of announcement                               euro adhoc 22.10.2007 18:00:00

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

Plus de actualités: austriamicrosystems AG
Plus de actualités: austriamicrosystems AG