Corporate News
26 Jul 2012
Besi Reports 55.9% Sequential Revenue Increase and € 10.0
Million Net Profit in Q2-12. Results Exceed Expectations
Duiven, the Netherlands, July 26, 2012 - BE Semiconductor
Industries N.V. ("the Company" or
"Besi") (NYSE Euronext: BESI; OTCQX: BESIY), a
leading manufacturer of assembly equipment for the
semiconductor industry, today announced its results for the
second quarter ended June 30, 2012.
Key Highlights
Revenue of € 87.0 million up 55.9% vs. Q1-12 and above
prior guidance. Down 3.2% vs. Q2-11
Orders rose 8.2% to € 91.1 million vs. Q1-12 continuing
positive trend. Up 10.4% vs. Q2-11. Particular strength
in packaging and die bonding bookings by Asian
subcontractors for advanced packaging applications
Gross margins increase to 41.5% vs. 39.4% in Q1-12 (41.2%
Q2-11) due to improved die attach and packaging gross
margins and benefit of higher US dollar vs. euro and
Swiss franc. Exceeds guidance
Net income increases to € 10.0 million in Q2-12 vs. € 0.2
million in Q1-12 (€ 8.8 million in Q2-11) due primarily
to higher sales, improved gross margins and operating
leverage resulting from cost control efforts
For the complete press release, please download the
PDF on the right.
BE Semiconductor Industries N.V. (Besi) specializes in the design, manufacturing and marketing of semiconductor assembly equipment for the global semiconductor and electronics industries. The group develops leading edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a wide range of end-user markets including electronics, mobile Internet, computer, automotive, industrial, RFID, LED and solar energy.
Net sales are distributed geographically as follows: Ireland (7.5%), Europe (8.2%), China (35.5%), Malaysia (8.4%), Korea (7.3%), Taiwan (6.5%), Thailand ( 3.6%), Asia/Pacific (11.8%), United States (8.8%) and other (2.4%).
BE SEMICONDUCTOR INDUSTRIES N.V. 
