DGAP-News

AIXTRON SE: Initial Success from the 5-Point-Program / Progress in efficiency and cost reduction programs / Customers remain hesitant to invest - Seite 2

EUR -35.4m; H1/2012: EUR 25.0m). The Q2/2013 gross profit also benefitted
from a favorable product mix.

The Q2/2013 EBIT of EUR -9.8m improved against both the previous year's and
the last quarter's results (Q2/2012: EUR -16.5m; Q1/2013: EUR -76.3m;
H1/2013: EUR -86.1m; H1/2012: EUR -34.7m). As mentioned above, this
sequential development also reflects the initial success of the
5-Point-Program which began in Q1/2013.

The net result for Q2/2013 amounted to EUR -11.8m, representing a
significant improvement over the EUR -76.0m in Q1/2013 (Q2/2012: -11.6m;
H1/2013: EUR -87.8m; H1/2012: EUR
-23.9m).

Free cash flow in the first half of 2013 amounted to EUR 5.6m, despite a
net cash outflow of EUR -3.7m in Q2/2013. As of June 30, 2013, AIXTRON
recorded cash and cash equivalents, including bank deposits with a maturity
of more than three months, of EUR 215.9m (EUR 219.9m as of March 31, 2013;
EUR 209.5m as of December 31, 2012).

5-Point-Program

This program, presented by the CEO in May 2013, consists of a number of
targeted individual projects, which are all designed to address the
following five topics: 1) focus on customer benefits; 2) utilization of
technology and product portfolio; 3) processes; 4) attention to financial
targets; 5) strengthening of AIXTRON's corporate culture.

The program consists of a series of different projects. After planning and
implementing an improved product development process, a specific initiative
for the optimization of the AIXTRON supply chain has been started. The aim
is to increase efficiency on a global scale in procurement, logistics and
inventory-management. In addition, AIXTRON continues customer-specific
measures, e.g. to increase output and yield of the installed base. Another
major objective of the Company program is to reduce operating expenses by
20%.

Management Review

Martin Goetzeler, President & Chief Executive Officer at AIXTRON SE since
March 1, 2013, firmly believes in the success of the transformation
measures: 'With our 5-Point-Program we are on track to regain sustainable
profitability. Our main focus is on innovative technology solutions,
increasing the production efficiency of our customers as well as the
efficiency of our own core process flows. This is valid for all of our
targeted growth markets, including applications beyond LED, such as next
generation memory chips. Our Q2 figures show first positive results of the
successful implementation of our 5-point-program.'

The rising rates of capacity utilization at leading LED manufacturers give
reason to believe that the overcapacity in the market for MOCVD equipment