AIXTRON Navigates Challenging Market with Steady Growth

AIXTRON SE reported a slight revenue increase amidst a difficult market in 2024. Revenues rose by 1% to EUR 633.2 million, driven mainly by their G10 systems in the semiconductor industry. Despite facing product mix challenges and increased operational costs, the company succeeded in maintaining its competitive edge and expanded into new markets with its innovative technologies.

The G10 system, particularly its silicon carbide (G10-SiC) line, was pivotal in attracting new customers, constituting about half of the equipment revenue for the year. The launch of the Innovation Center for 300 mm wafer systems was a strategic move aimed at supporting the transition to the next generation of wafer sizes, further fortifying AIXTRON's market presence.

Fourth-quarter results were strong, with revenue reaching EUR 226.9 million, reflecting a 6% year-on-year increase. However, yearly order intake decreased by 7%, influenced by slowing demand in the power electronics sector. Despite these challenges, AIXTRON invested heavily in future growth, completing new facilities to advance its research and development capabilities.

Looking ahead to 2025, the company anticipates a softer market, predicting revenues between EUR 530 million and EUR 600 million. AIXTRON remains committed to strengthening its financial position, with a focus on enhancing profitability and cash reserves.