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X-Fab announces half-year results 2009 17-09-09


X-Fab Silicon Foundries announced sales of USD 84.4 million (EUR 63.3 million) for the first six months of the current fiscal year. This corresponds to a year-on-year decline of approximately 62.7 percent. Sales in the second quarter amounted to USD 43.4 million (EUR 31.9 million), a decline of 59.5 percent compared to the same period last year and an increase of 5.7 percent compared to the first quarter of the current fiscal year.

 

Earnings before interest and taxes (EBIT) as of June 30, 2009, were a loss of USD -34.3 million (EUR -25.7 million). This compares to EBIT of USD 23.4 million (EUR 15.3 million) for the first six months of 2008. X-FAB recorded second-quarter EBIT of USD -13.4 million (EUR -9.7 million) compared to USD 6.6 million (EUR 4.1 million) in the second quarter of 2008.

 
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