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austriamicrosystems AG

euro adhoc: austriamicrosystems AG
quarterly or semiannual financial statement / austriamicrosystems reports 4% revenue growth in first quarter despite negative exchange rate development, further USD weakness remains key risk factor for 2008

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quaterly report
28.04.2008
Key financial data for the first quarter of 2008
Unterpremstaetten, Austria (April 28, 2008) — austriamicrosystems 
(SWX: AMS), a leading global designer and manufacturer of high 
performance analog ICs for communications, industrial, medical and 
automotive applications, showed revenue growth in the first quarter 
of 2008 compared to the previous year despite a significant 
deterioration in the EUR/USD exchange rate compared to last year´s 
first quarter, given broad-based demand for its analog semiconductor 
solutions.
Consolidated group revenues grew by 4% to EUR 41.1 million from EUR 
39.4 million in the same quarter 2007. On a constant currency basis, 
current revenues showed a growth of 10% compared to the first quarter
last year. Gross margin was strong at 51%, meaningfully up from 49% 
in the same period last year. Despite a significant negative impact 
from the worsening of the EUR/USD exchange rate, the result from 
operations (EBIT) for the first quarter was unchanged at EUR 3.7 
million compared to the first quarter 2007.
The first quarter net result reached EUR 3.2 million compared to EUR 
3.5 million in the same period last year. Basic and diluted earnings 
per share for the first quarter were identical at CHF 0.47 / EUR 0.30
(CHF 0.53 / EUR 0.32 in the same period 2007). Total backlog which 
does not reflect high volume consignment stock agreements and is 
therefore not fully comparable to the previous year stood at EUR 48.2
million on March 31, 2008 (EUR 54.2 million on March 31, 2007).
austriamicrosystems´ first quarter results reflect its focus on 
advancing its business and market position through profitable growth 
with existing and newly introduced products and derivatives. Overall,
austriamicrosystems experienced good demand for its analog 
semiconductor solutions in its target markets across all regions 
despite uncertainty in the macroeconomic and capital markets 
environment.
In the industrial market, business was robust despite some weakness 
in the North American metering market. All other areas of the 
industrial market including industrial sensors, rotary encoders and 
sensor interfaces for medical and seismic applications continue to be
strong building blocks for austriamicrosystems´ business with 
attractive growth prospects for the future.
In communications, austriamicrosystems saw good volumes and high run 
rates for lighting management products at top tier handset 
manufacturers. austriamicrosystems recorded high shipment levels for 
the first power management products at Nokia where the company sees 
further strong potential from growing volumes and additional 
design-wins. In mobile entertainment, austriamicrosystems´ newly 
introduced IC solutions are gaining traction among major market 
participants. austriamicrosystems´ automotive business performed 
well, mainly driven by sensor interfaces and car access products.
austriamicrosystems anticipates continued positive development for 
its business over the course of this year. austriamicrosystems 
retains its previous expectation of growth in revenue and earnings 
for 2008 based on its strong product and customer line-up. However, 
the recent further deterioration of the USD and the future 
development of the EUR/USD conversion rate are key risk factors 
influencing austriamicrosystems´ revenue and earnings development for
this year.
The complete first quarter report 2008 including detailed financial 
information is available on austriamicrosystems´ website under 
http://www.austriamicrosystems.com/08ir/report.htm
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.
end of announcement                               euro adhoc

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
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