The German X-FAB Silicon Foundries Group announced its financial results for 2007, recording a sales increase of approximately 66 percent year over year. Sales revenue for 2007 was USD 409.9 million (EUR 299.3 million) compared to USD 246.7 million (EUR 196.6 million) the previous year. X-FAB Dresden has been included in the X-FAB Group's consolidation since April 1, 2007, and contributed sales revenue of USD 44.7 million (EUR 32.6 million) to X-FAB's positive sales performance. The company's equity ratio for the fiscal year just ended was approximately 60 percent. The cash flow from operating activities was USD 62.5 million (EUR 45.6 million) compared to USD 32.2 million (EUR 25.7 million) the previous year. X-FAB Group research and development expenditures in 2007 were USD 24.9 (EUR 18.2 million) compared to USD 19.3 million (EUR 15.4 million) in 2006.