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    MYCR   SE0000375115

MYCRONIC AB (PUBL)

(MYCR)
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Real-time Estimate Quote. Real-time Estimate Cboe Europe - 01/28 05:50:58 am
179.85 SEK   -0.96%
01/26Invitation to Mycronic's Year-end Report 2021 presentation
AQ
01/17Mycronic Wins Up to $6 Million Order for SLX Mask Writer
MT
01/17Mycronic AB Receives Order for an SLX Mask Writer
CI
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Mycronic : receives order for an SLX system

08/10/2021 | 02:01am EST

Mycronic AB (publ) has received an order for one SLX system from an existing customer in Asia. The order value is in the range of USD 4-7 million. Delivery of the SLX system is planned for the fourth quarter of 2021.

The SLX laser mask writer was launched in 2019 to meet rising demand for photomasks for the semiconductor industry, which is driven by long-term trends, and to meet the future need for replacement and modernization. Photomasks manufactured by laser mask writers are of high importance and account for 70-75 percent of all photomasks produced for semiconductor manufacturing. SLX is a new and modern mask writer based on the same technology as Mycronic's mask writers for displays.

"We are very pleased with the continued interest in SLX and the new order from one of our existing customers. The modern design of the SLX platform offers excellent performance with high productivity and reliability, which is of utmost importance for Mycronic's customers in the rapidly growing semiconductor industry," says Charlott Samuelsson, Sr VP Pattern Generators at Mycronic.

Mycronic provides mask writers for manufacturing photomasks in several fields of application. These comprise display manufacturing (TVs, smartphones and tablets), production of semiconductors and applications in the multi-purpose market, a broad segment that comprises many different areas of application.

For additional information, please contact:
Charlott Samuelsson
Sr VP Pattern Generators
Tel: +46 709 844 282, e-mail: charlott.samuelsson@mycronic.com

Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19, e-mail: sven.chetkovich@mycronic.com

The information in this press release was published on August 10, 2021, at 08:00 a.m. CEST

About Mycronic
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic's headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom and the United States. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com 

https://news.cision.com/mycronic-ab/r/mycronic-receives-order-for-an-slx-system,c3393852

https://mb.cision.com/Main/10432/3393852/1451954.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 4 492 M 476 M 476 M
Net income 2021 767 M 81,2 M 81,2 M
Net cash 2021 525 M 55,7 M 55,7 M
P/E ratio 2021 23,2x
Yield 2021 1,93%
Capitalization 17 726 M 1 893 M 1 878 M
EV / Sales 2021 3,83x
EV / Sales 2022 3,32x
Nbr of Employees 1 636
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Number of Analysts 1
Last Close Price 181,60 SEK
Average target price 230,00 SEK
Spread / Average Target 26,7%
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Managers and Directors
Per Anders Lindqvist President & Chief Executive Officer
Pierre Brorsson Chief Financial Officer
Patrik Tigerschiold Director
Katarina ┼kerlin Bonde Independent Director
Robert Larsson Independent Director
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