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SEZ Group Meets Forecasted Net Sales For 2001
The SEZ Group increased its net sales in the business year 2001 from CHF 195.2 million by 28.5 percent to CHF 250.8 million, confirming its sales forecast of CHF 250 million to CHF 260 million. In the year 2001, order intake is CHF 176.5 million in comparison to CHF 263.1 million in the previous year. On December 31, 2001, SEZ's order backlog stood at CHF 47.1 million (Dec. 31, 2000: CHF 121.4 million). The book-to-bill ratio for the entire business year was 0.70. Expectations for profit margins in the business year 2001 are unchanged at 17 percent for EBIT and 11 percent for net income. On the basis of available market information, the management of the SEZ Group does not expect the market to recover substantially in the short term. Currently a reliable forecast for the year 2002 is not possible due to the global business cycle. In the business year 2001, the SEZ Group capitalized on its solid financial situation and technological leadership to strengthen its position in the international market for wet surface preparation of wafers, especially critical cleaning applications. Therefore, the SEZ Group is in strong position to profit from a recovery of the market in 2002.Final profit figures (including balance sheets and P&L) will be published on March 12, 2002.
In detail, SEZ will present results from business year 2001 and a mid-term outlook for the semiconductor equipment market during its presentation on April 8, 2002 in Zurich.
| Consolidated/unaudited | in CHF million | in Euro million | in USD million | 2001 | 2000 | 2001 | 2000 | 2001 | 2000 | | Net sales | 250.8 | 195.2 | 166.1 | 125.3 | 148.6 | 115.6 | Order income
business year | 176.5 | 263.1 | 116.9 | 168.9 | 104.6 | 155.8 | Order backlog
as of Dec. 31 | 47.1 | 121.4 | 31.8 | 79.6 | 28.4 | 71.9 |
Villach/Zurich, February 20, 2002
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