2024-04-25 15:08:08 ET
AIXTRON SE (AIXXF)
Q1 2024 Earnings Conference Call
April 25, 2024 9:00 AM ET
Company Participants
Carsten Werle – Interim Director-Investor Relations
Felix Grawert – Chief Executive Officer
Christian Danninger – Chief Financial Officer
Conference Call Participants
Olivia Honychurch – Jefferies
Martin Marandon – ODDO BHF
Michael Kuhn – Deutsche Bank
Jürgen Wagner – Stifel
Madeleine Jenkins – UBS
Simon Coles – Barclays
Martin Jungfleisch – BNP Paribas
Presentation
Operator
Good afternoon, ladies and gentlemen, and welcome to the Conference Call Regarding the Q1 2024 Results of AIXTRON SE. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation.
Let me now turn the floor over to your host, Carsten Werle.
Carsten Werle
Yes. Thank you very much, Heika. Welcome to AIXTRON's Q1 2024 results call. I'd like to particularly welcome our CEO, Dr. Felix Grawert; and our CFO, Dr. Christian Danninger, who will guide you through today's presentation and then take your questions. This call is being recorded by AIXTRON and is considered copyright material. As such, it cannot be recorded or rebroadcast without permission. Your participation in this call implies your consent to this recording.
Please take note of the disclaimer that you find on Page 2 of the presentation document as it applies throughout the conference call. This call is not being immediately presented via webcast or any other medium. However, we will place a transcript on our website at some point after the call. And with these introductory remarks, I'd like to hand over to our CEO for his operating remarks. Felix, the floor is yours.
Felix Grawert
Thank you, Carsten. Let me also welcome you all to our Q1 2024 results presentation. As you may hear, I caught a bad cold, and I hope my voice will make it throughout the call. I will start with an overview of the highlights of the quarter, and then I hand over to Christian for more details on our financial figures. Finally, I will give you an update on the development of our business and our guidance.
Let me start by giving you an update on the key business development of the first quarter on Slides 2 and 3. The most important messages for today from my point of view are in Q1, we have seen a strong increase in revenues and profits. Our market position in silicon carbide has been significantly strengthened throughout the last two quarters with new customer wins. We were able to win an additional top five player in SiC. We have secured a substantial volume order from China. We could win several customers for our G10-SiC tool amongst them several from Japan. This is the result of the recent technical progress that we have made with this tool....
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AIXTRON SE (AIXXF) Q1 2024 Earnings Call Transcript