AIXTRON Reports Strong Q1 Amidst Challenging Market

AIXTRON SE's Q1 2025 performance was resilient despite a soft market environment. The company reported EUR 112.5 million in revenue, surpassing their guidance. This success was driven by the growing photonics market and G10-AsP system sales, epitomized by acquiring Nokia as a customer.

Order intake reached EUR 132.2 million, exceeding last year's Q1 total. The order backlog stood at EUR 307.9 million. AIXTRON also completed its new Innovation Center in Herzogenrath, enabling the first 300mm GaN wafer processing.

Despite a 9% decrease in operating expenses, the company's EBIT decreased to EUR 3.3 million. However, free cash flow showed improvement, totaling EUR 29.8 million. AIXTRON confirmed its 2025 guidance, expecting revenues between EUR 530 million and EUR 600 million.