AIXTRON announces continued growth in 2023 with positive outlook for 2024 and 2025

AIXTRON SE, a leader in deposition equipment for the semiconductor industry, announced significant revenue growth of 36% in 2023 compared to the previous year, reaching a record revenue of 629, 9 million euros. This performance is attributed to sustained demand for power electronics based on gallium nitride (GaN) and silicon carbide (SiC), as well as the successful launch of its new generation of G10 systems.

The fourth quarter of 2023 saw record deliveries, with revenues amounting to €214.2 million, highlighting the efficiency of AIXTRON's supply chain and operating model. At the same time, the company recorded a notable increase in orders, peaking at €640.7 million for fiscal year 2023, and expects continued growth for 2024 and 2025, driven by increasing demand for its tools.

The notable increase in gross revenues, with operating profit (EBIT) up 50% to €156.8 million, and net profit up 45% to €145.2 million , reflect the financial success of AIXTRON in 2023. The company has also started the construction of the AIXTRON Innovation Center, with an investment of almost 100 million euros, aimed at supporting the next generation of systems.

In recognition of this performance, AIXTRON plans to increase the dividend to 0.40 euros per share for 2023, marking an increase of 29% compared to the previous year. This optimism is reinforced by the forecasts for 2024, with revenues expected between 630 and 720 million euros, and a gross margin estimated between 43% and 45%.