The SEZ Group Doubles Its Net Sales in the First Quarter 2001

Apr 18, 2001, 01:00 ET from The SEZ Group

    ZURICH, Switzerland, April 18 /PRNewswire/ -- The SEZ Group (Swiss: SEZN)
 announced that for business year 2000 it has increased its consolidated
 net sales by 133 percent to CHF 195.2 million [USD 115.6 million], up from
 CHF 83.7 million [USD 55.7 million] in 1999.  For the same period of time, the
 company's operating income (EBIT) improved by 311 percent to CHF 49.4 million
 [USD 29.3 million], versus CHF 12.0 million [USD 8 million] in 1999 and the
 EBIT-margin improved to 25.3 percent, up from 14.3 percent in 1999.  Net
 income increased by 206 percent to CHF 31.8 million [USD 18.8 million] from
 CHF 10.4 million [USD 6.9 million] the previous year, and the company reported
 a net profit margin of 16.3 percent versus 12.4 percent the year before.
     During the first quarter of 2001, net sales doubled in comparison to the
 same period last year.  Based on these sales, SEZ expects its consolidated net
 sales to increase to CHF 290 million [USD 175 million] in business year
 2001.  At the annual general meeting on May 10, 2001, an unchanged dividend of
 CHF 0.60 per registered share with a par value of CHF 10.- will be proposed by
 the board of directors.  At the shareholders' meeting, the board will also
 propose to reduce the nominal value of the shares in a ratio of one to ten and
 increase the conditional share capital for the purpose of employee
 participation, from CHF 250'000 to CHF 1'000'000 respectively at maximum
 100,000 registered shares with a par value of CHF 10.-.
 
     Business Year 2000
     In business year 2000, SEZ received orders totaling CHF 263.1 million
 [USD 155.8 million] versus CHF 139.0 million [USD 92.5 million] in 1999 and
 closed the business year with an order backlog of CHF 121.4 million
 [USD 71.9 million], up from CHF 53.5 million [USD 35.6 million] the preceding
 year.  With net sales increased by 133 percent to CHF 195.2 million
 [USD 115.6 million] for the year, the book-to-bill-ratio that measures the
 ratio of orders received to shipments stood at 1.35 after 12 months, down from
 1.65 in 1999.
     Geographically, the majority of sales in 2000 came from the Asia-Pacific
 region with 44.2 percent, the region saw 58.1 percent of sales the previous
 year.  Sales in Europe jumped sharply and represented 20.2 percent, up from
 12.4 percent in 1999, followed by the USA with 18.8 percent, slightly lower
 than the 20.3 percent it had the year before.  Finally, Japan had 16.8 percent
 of sales in 2000, up from 1999's 9.2 percent.
     In financial year 2000, the company's unique Spin-Process technology was
 established as an industry standard, especially for processes in the 300 mm
 wafer manufacturing.  SEZ achieved nearly 10 percent of its consolidated net
 sales 2000 from the system for the 300 mm sector that was launched in the
 second quarter of 2000.
     The SEZ Group invested CHF 25.9 million [USD 15.3 million], up from
 CHF 12.1 million [USD 8 million] in 1999 of its consolidated net sales in
 research and development during the business year 2000.  This represents
 13 percent of the company's consolidated net sales, down from 14 percent in
 1999.  A total of ten Spin-Processor systems were installed for the purpose of
 demonstration and laboratory procedures in promising new project environments.
 In financial year 2000, the development of the first non-contact single wafer
 cleaner that conditions wafer frontsides and backsides simultaneously was
 completed.  With this system (series 8200), SEZ entered the mass market for
 wet cleaning systems that is estimated to be slightly more than two billion
 U.S. dollars globally.
 
     Strong Demand in the First Quarter of 2001
     During the first quarter of 2001 the SEZ Group increased its net sales by
 102 percent to CHF 80.9 million [USD 48.7 million] from CHF 40.1 million
 [USD 24.6 million] the previous year.  Operating profit (EBIT) improved by
 173 percent to CHF 24.6 million [USD 14.8 million] from CHF 9 million
 [USD 5.5 million].  Net income was up 153 percent to CHF 16.2 million
 [USD 9.8 million] from CHF 6.4 million [USD 3.9 million].  Within the first
 three months of 2001, SEZ's order income was CHF 52.2 million
 [USD 31.4 million] in comparison to CHF 44.9 million [USD 27.6 million] in the
 first three months of 2000.  As of March 31, 2001 SEZ reported an order
 backlog of CHF 115.7 million [USD 66.4 million] up from CHF 57.8 million
 [USD 34.7 million] during the same period of time in the last year.  The
 book-to-bill ratio in the first quarter of 2001 was 0.65 down from 1.12 for
 the first three months of 2000.
 
     About SEZ
     The SEZ Group is a leading supplier of wet wafer surface preparation
 equipment to the global semiconductor manufacturing industry.  The company's
 breakthrough proprietary Spin-Processor technology forms the basis of a broad
 portfolio of single wafer backside and frontside wafer surface conditioning
 products for semiconductor chipmakers worldwide.  Additionally, the company
 offers a complete range of wet bench equipment for batch processing.  SEZ
 maintains development, manufacturing, sales, marketing and service operations
 in Europe, Asia and North America.  Registered in Zurich, Switzerland,
 SEZ Holding AG is listed on the Swiss Exchange under the symbol (Swiss: SEZN).
 SEZ also can be found on the world wide web at www.sez.com.
 
 

SOURCE The SEZ Group
    ZURICH, Switzerland, April 18 /PRNewswire/ -- The SEZ Group (Swiss: SEZN)
 announced that for business year 2000 it has increased its consolidated
 net sales by 133 percent to CHF 195.2 million [USD 115.6 million], up from
 CHF 83.7 million [USD 55.7 million] in 1999.  For the same period of time, the
 company's operating income (EBIT) improved by 311 percent to CHF 49.4 million
 [USD 29.3 million], versus CHF 12.0 million [USD 8 million] in 1999 and the
 EBIT-margin improved to 25.3 percent, up from 14.3 percent in 1999.  Net
 income increased by 206 percent to CHF 31.8 million [USD 18.8 million] from
 CHF 10.4 million [USD 6.9 million] the previous year, and the company reported
 a net profit margin of 16.3 percent versus 12.4 percent the year before.
     During the first quarter of 2001, net sales doubled in comparison to the
 same period last year.  Based on these sales, SEZ expects its consolidated net
 sales to increase to CHF 290 million [USD 175 million] in business year
 2001.  At the annual general meeting on May 10, 2001, an unchanged dividend of
 CHF 0.60 per registered share with a par value of CHF 10.- will be proposed by
 the board of directors.  At the shareholders' meeting, the board will also
 propose to reduce the nominal value of the shares in a ratio of one to ten and
 increase the conditional share capital for the purpose of employee
 participation, from CHF 250'000 to CHF 1'000'000 respectively at maximum
 100,000 registered shares with a par value of CHF 10.-.
 
     Business Year 2000
     In business year 2000, SEZ received orders totaling CHF 263.1 million
 [USD 155.8 million] versus CHF 139.0 million [USD 92.5 million] in 1999 and
 closed the business year with an order backlog of CHF 121.4 million
 [USD 71.9 million], up from CHF 53.5 million [USD 35.6 million] the preceding
 year.  With net sales increased by 133 percent to CHF 195.2 million
 [USD 115.6 million] for the year, the book-to-bill-ratio that measures the
 ratio of orders received to shipments stood at 1.35 after 12 months, down from
 1.65 in 1999.
     Geographically, the majority of sales in 2000 came from the Asia-Pacific
 region with 44.2 percent, the region saw 58.1 percent of sales the previous
 year.  Sales in Europe jumped sharply and represented 20.2 percent, up from
 12.4 percent in 1999, followed by the USA with 18.8 percent, slightly lower
 than the 20.3 percent it had the year before.  Finally, Japan had 16.8 percent
 of sales in 2000, up from 1999's 9.2 percent.
     In financial year 2000, the company's unique Spin-Process technology was
 established as an industry standard, especially for processes in the 300 mm
 wafer manufacturing.  SEZ achieved nearly 10 percent of its consolidated net
 sales 2000 from the system for the 300 mm sector that was launched in the
 second quarter of 2000.
     The SEZ Group invested CHF 25.9 million [USD 15.3 million], up from
 CHF 12.1 million [USD 8 million] in 1999 of its consolidated net sales in
 research and development during the business year 2000.  This represents
 13 percent of the company's consolidated net sales, down from 14 percent in
 1999.  A total of ten Spin-Processor systems were installed for the purpose of
 demonstration and laboratory procedures in promising new project environments.
 In financial year 2000, the development of the first non-contact single wafer
 cleaner that conditions wafer frontsides and backsides simultaneously was
 completed.  With this system (series 8200), SEZ entered the mass market for
 wet cleaning systems that is estimated to be slightly more than two billion
 U.S. dollars globally.
 
     Strong Demand in the First Quarter of 2001
     During the first quarter of 2001 the SEZ Group increased its net sales by
 102 percent to CHF 80.9 million [USD 48.7 million] from CHF 40.1 million
 [USD 24.6 million] the previous year.  Operating profit (EBIT) improved by
 173 percent to CHF 24.6 million [USD 14.8 million] from CHF 9 million
 [USD 5.5 million].  Net income was up 153 percent to CHF 16.2 million
 [USD 9.8 million] from CHF 6.4 million [USD 3.9 million].  Within the first
 three months of 2001, SEZ's order income was CHF 52.2 million
 [USD 31.4 million] in comparison to CHF 44.9 million [USD 27.6 million] in the
 first three months of 2000.  As of March 31, 2001 SEZ reported an order
 backlog of CHF 115.7 million [USD 66.4 million] up from CHF 57.8 million
 [USD 34.7 million] during the same period of time in the last year.  The
 book-to-bill ratio in the first quarter of 2001 was 0.65 down from 1.12 for
 the first three months of 2000.
 
     About SEZ
     The SEZ Group is a leading supplier of wet wafer surface preparation
 equipment to the global semiconductor manufacturing industry.  The company's
 breakthrough proprietary Spin-Processor technology forms the basis of a broad
 portfolio of single wafer backside and frontside wafer surface conditioning
 products for semiconductor chipmakers worldwide.  Additionally, the company
 offers a complete range of wet bench equipment for batch processing.  SEZ
 maintains development, manufacturing, sales, marketing and service operations
 in Europe, Asia and North America.  Registered in Zurich, Switzerland,
 SEZ Holding AG is listed on the Swiss Exchange under the symbol (Swiss: SEZN).
 SEZ also can be found on the world wide web at www.sez.com.
 
 SOURCE  The SEZ Group