ZMDI preliminary figures on financial year 2011 and first forecast for 2012: Automotive sector drives double-digit growth

  • ZMDI exceeds its 2011 growth targets by generating revenue of 64M €, reflecting a 16 percent increase over 2010 and generating earnings (EBIT) of approximately 4.5M € in 2011.
  • Outlook for 2012: In spite of global economic uncertainties ZMDI expects a sustained trend in the direction of energy-efficient and environmentally friendly solutions.

Dresden, Germany -- February 2, 2012 ZMD AG (ZMDI), the Dresden based global supplier of analog and mixed-signal solutions for automotive, industrial, medical and consumer applications announced today that it exceeded its own growth targets by a considerable margin in 2011 and expects to continue to grow in 2012. According to ZMDI’s preliminary figures for 2011 as announced today, it generated revenues of 64M €, reflecting an increase of 16 percent over the previous year (2010: 55.1M €). The 2011 growth can be attributed primarily to demand for energy-efficient automotive products and solutions. ZMDI’s double- digit growth exceeded both its own forecast and the general rate of market growth, which was in the single digits in 2011. ZMDI generated significantly higher earnings (EBIT) in 2011; based on preliminary numbers, it generated earnings of approximately 4.5M €, reflecting an increase of 3.5M € over the 2010 earnings. This growth has translated into several new employment positions as well new sales and engineering locations throughout Europe and the United States. ZMDI is also optimistic that 2012 will continue to exhibit growth and allow for further additions in personnel worldwide.

Thilo von Selchow, Management Board Chairman of ZMDI: “ZMDI is making good progress in the implementation of its growth strategy and we are very satisfied with the company’s performance in financial year 2011. Just like the case in 2010, we exceeded our original targets significantly and also took some important strategic steps in 2011. In the coming year, we will work intensively to permanently secure the progress we have made. Above all, therefore, we will focus on securing the growth of our business in 2012. As expected, the business climate has gotten rougher in the last few months. It is still too early, however, to offer a detailed estimate for the full year. It remains to be seen whether and to what extent the semiconductor industry can escape the repercussions of the debt crisis in Europe. Based on the information available to us today, we anticipate revenue growth of around five percent in 2012. To be even closer to our customers, we will continue to expand capacities in our application laboratories in Munich, Silicon Valley, Boston and Seoul. Also, we will strengthen our product pipeline by making substantial investments in research and development, so we can continue on the same course of dynamic growth that we have followed in the last few years. With regard to products, we will place particular emphasis on power management products in 2012.”

36 new products planned in 2012 – Focus on power management

With a total of 36 new products planned in 2012, ZMDI has set itself the goal of exceeding the record of 24 new products introduced in 2011, when they celebrated their 50th anniversary. In expanding the portfolio of products for customers, particular emphasis will be placed on “smart power management.”  Late in the third quarter of 2011, ZMDI introduced its first power management products, which are considered to be one of the most important future growth fields for energy-efficient semiconductors. ZMDI circuits represent a real solution to the significant reduction of CO2 emissions, particularly in data centers. Due to the large amounts of electricity consumed in the cooling process data centers rank as one of the primary producers of CO2 emissions. ZMDI expects its energy efficient power management products to make a significant revenue contribution in 2013.

About ZMDI

Zentrum Mikroelektronik Dresden AG (ZMDI) is a premier supplier of innovative energy efficient analog and mixed-signal semiconductors for the automotive, mobile medical, industrial automation, and consumer markets. The Company’s application-specific standard products (ASSPs) and application-specific integrated circuits (ASICs) are known for their robust, cost-effective performance in demanding environments characterized by high temperature, high voltage, and the need for ultra-low power. Headquartered in Dresden, Germany, ZMDI has 300 employees worldwide and serves customers from its offices in Dresden, Stuttgart, Germany; Milan, Italy; Pocatello, ID; Milpitas, CA, Phoenix, AZ, US,  Tokyo, Japan, Seoul, Korea and Taipei, Taiwan. ZMDI has design centers in Dresden, Stuttgart, Munich, Germany; Varna, Bulgaria; and Limerick, Ireland. See more at www.zmdi.com.

 

Contacts:

Gabriele Taschler, ZMDI Marketing Communications, T: +49.351.8822.668, Email Contact

 

Barbara Kalkis, Maestro Marketing & PR, T: +1 408 996 9975, Email Contact




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