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© Micronic Mydata Electronics Production | October 25, 2012

Micronic Mydata: - 15 million euro

Order intake for the quarter landed on SEK 503 (311) million while net sales amounted to SEK 277 (330) million. EBIT was SEK -132 million (close to -15 million euro) and adjusted for one-time costs of SEK 120 million EBIT was SEK -12 (3) million
Growth from rapidly increasing LDI sales is being delayed. An LDI system was invoiced in the third quarter which is a confirmation of the system performance, but a broader implementation of the next generation of advanced substrates is estimated to be delayed and this is having an effect on the demand for LDI.

Micronic Mydata is adjusting the business and organization in order to maintain a strong financial position with sustainable profitability despite the delay. The development pace of LDI is slowed down and we reduce costs throughout the entire Group with 60 MSEK annually.

SMT-equipment

Despite a delay in LDI sales, Micronic Mydata is in a strong financial position with good, sustainable profitability within the existing product areas. During the first nine months SMT show an operating margin of 14 percent and the core business in PG, LDI excluded 21 percent.

Sales and order intake for SMT equipment has been stable so far this year with strong demand for both advanced surface mounting machines from the MY100e series, as well as the MY500 jet printer for applying solder paste.

- Order intake was SEK 503 (311) million
- Net sales were SEK 277 (330) million
- EBIT was SEK -132 (3) million and adjusted for one-time costs of SEK 120 million EBIT was SEK -12 (3) million

Interim period January-September 2012

- Order intake was SEK 1,052 (936) million
- Net sales were SEK 873 (828) million
- EBIT was SEK -140 (-52) million, and adjusted for one-time costs of SEK 120 million EBIT was SEK -20 (-52) million

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