Introduction to AIXTRON SE’s Financial Success in 2023
Herzogenrath, Germany, became the centre of attention as AIXTRON SE (FWB: AIXA) revealed its exceptional financial performance for the fiscal year 2023. Under the insightful presentation of Carsten Werle, Head of Investor Relations, the company celebrated a notable 36% year-on-year revenue growth and set the stage for future advancements with the successful market launch of its new G10 system generation.
Unprecedented Revenue Growth and Record Deliveries
AIXTRON’s financial journey in 2023 was marked by significant milestones, including an impressive revenue escalation to EUR 629.9 million, up from EUR 463.2 million in 2022. This surge was propelled by the burgeoning demand for efficient power electronics, leveraging gallium nitride (GaN) and silicon carbide (SiC), which now constitute 74% of the equipment revenue share. The final quarter of 2023 stood out with record deliveries, amassing revenues of EUR 214.2 million, a testament to AIXTRON’s resilient supply chain and operational model.
The G10 System: A Paradigm Shift in Semiconductor Production
The introduction of the G10 system, comprising G10-AsP and G10-GaN, has revolutionized the production of compound semiconductors. These systems, celebrated for their efficiency and performance, quickly garnered high market demand, with the G10-SiC notably contributing to about one-third of AIXTRON’s total equipment revenue in 2023. This innovation underscores AIXTRON’s commitment to meeting the semiconductor industry’s evolving needs.
Strengthening Financial Foundations
The fiscal year 2023 was not just about revenue growth; AIXTRON also saw a significant increase in gross profit, reaching EUR 279.0 million, and a robust order intake, indicating sustained demand for AIXTRON’s technologies. Moreover, the company’s strategic investments, notably the commencement of the AIXTRON Innovation Center, highlight its dedication to innovation and customer success. These financial achievements have paved the way for a promising outlook, with further growth anticipated in 2024 and 2025.
A Commitment to Sustainable Growth
AIXTRON’s alignment with the EU taxonomy for sustainable activities is particularly noteworthy, with a remarkable increase in taxonomy-aligned revenues. This alignment demonstrates AIXTRON’s financial prowess and its commitment to environmental sustainability and social responsibility. CFO Dr Christian Danninger’s contract extension until 2029 further solidifies the company’s stable and forward-thinking leadership.
Looking Ahead: 2024 and Beyond
With an optimistic outlook for 2024, AIXTRON expects continued demand for its cutting-edge tools, projecting revenue growth and maintaining high profitability margins. The company’s strategic investments and focus on innovation promise to drive future success, ensuring AIXTRON remains at the forefront of the semiconductor industry’s evolution.
Conclusion
AIXTRON SE’s financial results presentation for 2023, led by Carsten Werle, showcased not just a year of unprecedented financial success but also a steadfast commitment to innovation, sustainability, and market leadership. As AIXTRON looks to the future, it stands on solid ground, ready to embrace the challenges and opportunities that lie ahead in the dynamic semiconductor industry.
March 6, 2024
10:47 
