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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Mycronic AB (publ)    MYCR   SE0000375115

MYCRONIC AB (PUBL)

(MYCR)
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Mycronic publ : receives order for an SLX mask writer

02/18/2020 | 02:01am EST

Mycronic AB (publ) has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic. The order value for the chosen SLX configuration is between USD 3 and 4 million. Delivery is scheduled for the fourth quarter of 2020.

The laser-based SLX mask writer was launched at the end of October 2019 to meet a rising demand for photomasks for the semiconductor industry driven by long term trends as well as to support an upcoming replacement and modernization cycle. Photomasks produced by laser-based mask writers are very important in the production of semiconductors, accounting for 70-75% of all photomasks produced. The SLX is a new and modern mask writer based on the same technology as the display mask writers, which includes the recently launched Evo control platform.

Mycronic offers mask writers for the manufacture of photomasks within different areas of application. These are display manufacturing (TV, smartphones and tablets), semiconductor manufacturing and applications within multi-purpose, a broad segment comprising many different application areas.

"To receive the second SLX order confirms the market needs and strengthens us in our long-term aim to become our customers' preferred supplier for laser-based mask writers to the semiconductor industry", says Charlott Samuelsson, Sr VP Pattern Generators at Mycronic.

For additional information, please contact:
Charlott Samuelsson
Sr VP Business Area Pattern Generators
Tel: +46 709 844 282
charlott.samuelsson@mycronic.com

Tobias Bülow
Director Investor Relations
Tel: +46 734 018 216
tobias.bulow@mycronic.com

The information in this press release was published on February 18, 2020 at 8:00 a.m.

About Mycronic
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, United Kingdom and the United States. Mycronic AB (publ) is listed on NASDAQ Stockholm. www.mycronic.com

https://news.cision.com/mycronic-ab/r/mycronic-receives-order-for-an-slx-mask-writer,c3036049

https://mb.cision.com/Main/10432/3036049/1194401.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English

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Sales 2020 3 921 M 469 M 469 M
Net income 2020 686 M 82,1 M 82,1 M
Net cash 2020 936 M 112 M 112 M
P/E ratio 2020 34,9x
Yield 2020 1,16%
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EV / Sales 2020 5,86x
EV / Sales 2021 5,28x
Nbr of Employees 1 505
Free-Float 72,2%
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Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 222,67 SEK
Last Close Price 244,60 SEK
Spread / Highest target 4,25%
Spread / Average Target -8,97%
Spread / Lowest Target -31,3%
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Per Anders Lindqvist President & Chief Executive Officer
Patrik Tigerschiöld Chairman
Lena Båvegård Senior Vice President-Operations
August Torbjörn Gunnar Wingardh Chief Financial Officer
Johan Franzén Senior Vice President-Research & Development
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