Aixtron SE (CHIX:AIXAd)
€ 16.33 (0%) Market Cap: 1.83 Bil Enterprise Value: 1.77 Bil PE Ratio: 18.55 PB Ratio: 2.16 GF Score: 69/100

Full Year 2024 Aixtron SE Earnings Call Transcript

Feb 27, 2025 / 02:00 PM GMT
Release Date Price: €11.62 (-16.57%)

Key Points

Positve
  • Aixtron SE (AIXXF) achieved revenue growth of 1% in 2024, reaching €633 million, despite a challenging market environment.
  • The company delivered an outstanding Q4 2024 performance, surpassing last year's extraordinary Q4 results.
  • Aixtron SE (AIXXF) made significant technical progress with its G10Z system, achieving industry-leading layer thickness and uniformity values.
  • The company has started work on 300 millimeter wafer technology, shipping first units to customers and building a dedicated clean room for this technology.
  • Aixtron SE (AIXXF) maintained a strong market position in silicon carbide, with recent technical advancements leading to new customer wins, including significant volume from China.
Negative
  • Gross margin decreased by 3 percentage points to 41% in 2024, primarily due to a less favorable product mix and cost inefficiencies.
  • Net profit was down 27% year over year, impacted by higher tax expenses and reduced earnings expectations for 2025.
  • The company's total cash balance decreased significantly to €65 million at the end of 2024, compared to €182 million the previous year.
  • Aixtron SE (AIXXF) expects a continued weaker market environment in 2025, with projected revenues between €530 and €600 million.
  • The company initiated a voluntary leave program in the operations area, resulting in a reduction of about 50 headcounts and associated severance costs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AIXGn.DE - Aixtron SE
Full Year 2024 Aixtron SE Earnings Call
Feb 27, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, welcome to X's 4th quarter in full year 2024 results conference call. Please note that today's call is being recorded.

Let me now hand you over to Mr. Christian Ludwig, Vice President, Investor Relations and corporate communication at Xtro for opening remarks and introductions.

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Unidentified_2 [2]
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Thank you very much. A warm welcome to Exron's 2024 results score. My name is Nutri.

I am the head of investor relations and corporate communications at Extron.

With me in the room today are our CEO Dr. Felix Garba and
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