© adam121 dreamstime.com
Electronics Production |
Mycronic picks up the pace
Mycronic's order intake has demonstrated growth, but is also an indicator of the fluctuations that occur, especially within the PG market.
During the first nine months, the Group received orders for seven mask writers. The trend towards increasingly advanced electronics products drives demand for complex photomasks for use in the manufacture of displays for these products. At the same time the customers’ utilisation of existing equipment has been high. Together, the two factors have led to customers starting to invest in new equipment. However, investment in mask writers has not been solely in advanced equipment for manufacturing of displays, but also for other segments.
“We are happy to have succeeded in matching our offering within business area PG with various needs within several different market segments. This has resulted in a number of orders during the third quarter”, says Lena Olving, CEO and President of Mycronic AB.
Third quarter July-September 2014 in short:
- Order intake was EUR 89.8 (24.7) million
- Net sales were SEK 36 (23.4) million
- EBIT was SEK 3.9 (0.9 million