Jean-Pierre Delesse, President of LFoundry Rousset commented: "The fact that our EBITDA is now positive and reaches 6% of our revenue validates our business model, concentrated on fast growing market segments and applications."
ROUSSET, FRANCE (PRWEB) July 23, 2012
LFoundry, announces its revenue for Q2/2012 amounted to EUR 23.7 million, and the company EBITDA reached EUR 1.5 million, or 6% of the revenue.
Million Euros Q2/2012 Q1/2012 Seq. (%) Q2/2011 YoY (%)
Revenue 23.7 23.8 -0.5% 27.6 -14%
EBITDA 1.5 (-2.5) N/A (-1.0) N/A
% of revenue +6% -10% - -3% -
YoY: Year on Year – EBITDA: Earnings before interest, taxes, depreciation and amortization
During the quarter, LFoundry announced the availability of its LF110 PDK (Process Design Kit), a key milestone for the production of semiconductors in its 110nm Aluminum process. The PDK was released after two years of development and over EUR 5 million in R&D investments.
Jean-Pierre Delesse, President of LFoundry Rousset commented: “The fact that our EBITDA is now positive and reaches 6% of our revenue validates our business model, concentrated on fast growing market segments and applications. For further support to our business model, we managed to finalize our new technology and, at the same time, we optimized our production and improved our customer service performance.”
Michael Lehnert, CEO of LFoundry Group, commented: “By concentrating on high added value segments and innovative technologies, we focus on the improvement of our margin level. Our Rousset fab achievements demonstrate LFoundry is well on track”.
LFoundry is a leading analogue / mixed signal and specialized silicon foundry with advanced 200mm manufacturing in Europe and a wafer capacity of about 20,000 wafers/month. Based in Landshut, Germany and Rousset, France, LFoundry is focused on providing access to the most advanced analogue manufacturing service with innovative extensions, a strong emphasis on flexibility and customer partnership. LFoundry is supporting technologies down to 110nm and a large portfolio of process-proven libraries, IP, design tools and reference flows. http://www.lfoundry.com
Jean-Pierre Delesse, President, LFoundry Rousset, contact(at)lfoundry.com,
Tel: +33 420 103000