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BRIEF-AZ Electronic Materials Q1 revenue down 2 pct
April 9, 2013 / 6:17 AM / 5 years ago

BRIEF-AZ Electronic Materials Q1 revenue down 2 pct

LONDON, April 9 (Reuters) - AZ Electronic Materials SA : * Group revenue in Q1 decreased by 2% year-on-year to $179.9M * Divisional mix of revenue in Q1 was characterised by weakness in IC Materials, continued strength in optronics * Divisional mix meant group’s EBITDA margin in Q1 was lower than normal * IC Materials business likely to perform below our expectations for H1 * Expect the group EBITDA margin for the first half to be under 30% * Remain confident of a stronger environment for growth during the second half

of the year * Expect that group revenue for the full year will be around the same levels as

last year * Group EBITDA margin for the year will remain below normal levels

0 : 0
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