vergessene Halbleiterperle Rood Technologie - 500 Beiträge pro Seite

[chipchief]

Hallo Leute,

hat sich schon mal einer Rood Testhouse angeschaut.WKN872037
Die testen Halbleiter ICs und stellen die Dinger im Auftrag auch her.
Dialog Semi. soll u.a. Kunde sein.
Laut Webpage sind Rood auch Kunden von SZ Testsysteme.
Schaut schwer nach vergessener Halbleiterperle aus!!
Jahresbericht 1998 kam zum 10.März 99.
Bald ist Jahrestag und der neue Bericht könnte kommen.
Rood hat seit dieser Woche neue Web Page.
Schaut gut aus!

Bitte Kommentare!!

HAppy trading

chipchief

[chipchief]

Hi Leute, aufwachen!!

gute Zahlen von Rood.

Gibt doch Phantasie für das laufende Jahr.
Gewinn 99 statt 0,08 Verlust auf 0,04 Gewinn pro Aktie.
Geplant 2000: Gewinn 0,08 Euro (Stand Anfang 1999!)
Neues Ziel muss bald kommen (3.April)
KGV jetz 3,5 bei 2,6Euro

Amsterdam, March 17, 2000

ROOD TECHNOLOGY: SECOND HALF YEAR`S PERFORMANCE TURNS THE FIRST HALF YEAR`S LOSS INTO A PROFIT OVER
THE WHOLE YEAR 1999

The Board of Management of Rood Testhouse International N.V. (‘Rood Technology`) announced today that the net profit 1999 amounted to E
278,000 (1998: loss of E5,786,000). The upturn in the semiconductor market, which started in the second half of the year, resulted in a much
improved operational performance.

The Company has refocused in 1999 on the European market which has emerged from the downturn as the second largest and most stable
semiconductor regional market.

With its sites in the UK, Ireland and Germany the Company is well positioned to take advantage of the up-turn focussing on the key high
growth European end market applications of telecommunication, automotive and digital consumer products.

Cost savings compensated for a drop in net sales from E 29,431,000 in 1998 to E 27,350,000 in 1999, a drop of 7.1%. Changes forced by
the downturn on a key customer, Infineon (formerly a division of Siemens) have impacted the Company`s business in 1999. The Company
has worked successfully with Infineon to transition the 16 Mb SDRAM project to the volume test of 256 Mb SDRAM. As a major focus area for
the Company, investments were initiated in 1999 to develop the engineering resource and to increase capacity in mixed signal test,
telecommunications and automotive integrated circuits (ICs).

Another core activity is Production Support Services which comprise programming, lead inspection, lead conditioning, and tape and reel of
ICs. Sales growth, realised during 1999, was primarily driven by a strong market for set top box and mobile communication products. The
Dublin site has doubled sales in 1999, and further sales growth is required for profitability.

Rood Technology`s Equipment department designs, develops, manufactures and markets a range of standalone backend IC handling
equipment. Coming out of the downturn, the recovery of capital spending resulted in an increased activity level towards year end. The
Company is exploring options, including partnerships, to ensure that the activity has access to the resources necessary to allow it to take full
advantage of the upturn.

The Hi-rel activities consist primarily of the design and ceramic assembly of components for military and aerospace applications. Due to
delays in governmental decision making these non-core activities were loss making.

Personnel expenses were lower than in 1998. The average number of employees decreased from 351 in 1998 to 300 in 1999.

The other operating expenses were significantly lower than last year because of cost saving programs across the whole Company.

As part of an ongoing restructuring, the Company will now outsource the administrative activities of its office in The Netherlands to Mr B.
Brouwer, who has stepped down as a Vice President to pursue a longstanding ambition to start his own business as an independent
management consultant.

The level of capital expenditure was much lower than the year before. In 1998 investments were made in equipment for the SDRAM project
for Infineon. The 1998 investments in tangible fixed assets amounted to E12,046,000 whereas in 1999 E3,001,000 was spent.

The funds provided from operating activities increased from E5,196,000 in 1998 to E8,634,000 in 1999.

The solvency ratio improved during 1999 due to the capital expenditure being lower than the depreciation as well as the reduction in interest
bearing debts. The capital and reserves, as a percentage of total assets, increased from 19.7% at the end of 1998, to 25.9% as of
December 31, 1999.

No dividend payment to shareholders is proposed for the year 1999.

Prospects

It is expected that both the world-wide and European semiconductor market will show further growth in 2000, continuing to provide new
opportunities for the Company.

For Test and Related Services the focus will remain on gaining more projects in mixed signal testing, which will largely compensate for a
reduction in memory test.

Further growth is also forecasted for the Production Support Services.

Regarding the Equipment activities the development of an in-line backend handling product currently underway will be completed. There is
significant sales potential for this new product in future years.

Any further delays in major projects for the Hi-rel activities would mean that they will continue to be loss making, limiting the scope to
significantly improve the Group`s net profit on ordinary activities in 2000. The Company is actively working on finding solutions to mitigate this
problem.

In order to take full advantage of the upturn the management will pursue additional financing.

Annual shareholders` meeting

The 1999 annual report will be published on April 3, 2000 and the annual shareholders` meeting will take place on April 20, 2000.

For further information:

Ian Reid, President CEO Telephone: [phone] Telefax: [phone]


Consolidated Statement of Earnings

1999
1998
x E `000s
Net sales
27,350
29,431
Change in work in process and inventories
of finished products
(1,077)
897
Own work capitalised
-
35
Total operating income
26,273
30,363
Goods purchased plus costs of raw
materials and consumables
4,095
6,189
Personnel expenses
11,336
12,294
Depreciation of tangible fixed assets
4,969
5,224
Other operating expenses
4,421
4,995
Total operating expenses
_______
24,821
_______
28,702
Operating profit
_______
1,452
_______
1,661
Income from loans to financial fixed assets
-
80
Other interest income and expense
(912)
(1,116)
Balance of financial income and expense
(912)
(1,036)
Profit on ordinary activities before
taxation
_______
540
_______

625
Tax on profit on ordinary activities
(148)
(13)
Profit on European ordinary activities after
taxation
392
612
Loss from Far East joint ventures
-
(414)
Profit on ordinary activities after
taxation
_______
392
_______

198
Extraordinary income
55
-
Extraordinary expenses
(198)
(6,190)
Tax on extraordinary expenses
29
206
Extraordinary expenses after taxation
_______
(114)
_______

(5,984)
Net profit (loss)
_______
278
_______

(5,786)

Consolidated Balance Sheet

1999
1998
x E `000s
Assets
Tangible fixed assets
12,587
14,633
Inventories
1,970
3,460
Receivables
4,455
5,788
Cash at bank and in hand
2,847
2,265
_______
21,859
_______
26,146
Liabilities
Capital and reserves
5,662
5,140
Provisions
1,826
2,573
Long-term liabilities
3,925
7,236
Current liabilities
10,446
11,197
_______
21,859
_______
26,146
Ratios
Gross margin
22,178
24,174
Operating profit
1,452
1,661
as percentage of gross margin
6.60%
6.90%
Profit on European ordinary activities after
taxation
392
612
Profit (loss) Far East joint ventures
-
(414)
Extraordinary result after taxation
(114)
(5,984)
Net profit (loss)
278
(5,786)
Group equity
5,662
5,140
as percentage of balance sheet total
25.9%
19.7%
Net debt
7,029
12,456
as percentage of group equity
124.1%
242.3%
Capital expenditure (net)
2,953
11,983
Depreciation
4,969
5,224
Cash flow from operating activities
8,634
5,196
Net earnings per share
E 0.04
E (0.82)

Happy Trading

chipchief