Special Lamp
Machines & Processing
Design
Smart Home
German equipment manufacturer AIXTRON posted its 2018 financial results. The company reported increased on-year revenue and gross margin due to continued demand for its MOCVD systems for lasers, red-orange-yellow (ROY) LEDs and specialty LEDs production.
According to AIXTRON, its order intake in 2018 grew by 15% YoY to EUR 302.5 million (US$ 344.26 million), which led to a yearly revenue of EUR 268.8 million (US$ 306 million), up by 17% YoY. Adjusted for previous year's sales from discontinued operations, the sales increased by 40% compared to the previous year. Gross profit improved to EUR 117.6 million (US$ 133.93 million) growing by 59% YoY and gross margin hiked from 32% in 2017 to 44% in 2018.
MOCVD systems for the manufacture of optoelectronic components accounted for two-third of the company’s sales, followed by systems for LED production (including red-orange-yellow and specialty LEDs) and power electronics, taking 16% and 8% respectively.
The company exceeded its targets in 2018 with its profitable operating performance boosted by the market demands for VCSEL and ROY LED.
Working Days 8:30am-5:30pm(GTM+8)
Discover the latest trends of lighting industry