Mycronic year-end report
EMP 2025 Electronics Manufacturing & Production Handbook
News
Anders Lindqvist, president and CEO of Mycronic, recently gave the year-end financial report for 2024. “We ended the record year of 2024 with order intake increasing 64% in the fourth quarter, driven by pattern generators and a strong performance in high volume and global technologies. Net sales increased 5% to the new record level of SEK 2059 million, where a decrease in pattern generators was offset by increases mainly in high volume and global technologies. EBIT amounted to SEK 527 million, corresponding to an EBIT margin of 26%. EBIT, for the full year, exceeded SEK 2 billion, which is a milestone. I also note with satisfaction that all divisions delivered an EBIT margin of at least 10% for the full year.”
Lindqvist continued, “In pattern generators, the photomask markets for both displays and semiconductors were stable during the final quarter of the year. During the quarter, Mycronic received an award for the SLX, our semiconductor mask writer, at an important industry conference in Monterey, USA, offering further confirmation of its success. After the end of the period, pattern generators received the first order for a Prexision 8000 Evo, which was launched in April 2024 and is Mycronic’s most advanced mask writer for displays.”
In conclusion, “We can now look back on another strong year, with records in order intake, order backlog, net sales and EBIT. We have strong positions in the segments where we operate, which has manifested itself in a positive trend for a number of years. To secure and develop these positions in the future, we will accelerate our investments in research and development and further build the sales organisations globally, which will include establishing subsidiaries in new markets. The high flex division will relocate to premises in Kista, Stockholm in the second half of 2025. This will enable continued growth and improved production flows for both pattern generators and high flex. In addition, our strong financial position provides a solid foundation to pursue M&A; opportunities.”
For further information visit www.mycronic.com
Further reading:
From the Editor's desk: Growth through inclusivity
Technews Publishing
News
As the engineering fields in South Africa continue to make progress toward gender equality, we are finally starting to see the presence and contribution of women in engineering and industrial roles.
Read more...
KITE 2025 proves its value
News
The KwaZulu-Natal Industrial Technology Exhibition (KITE) 2025 confirmed its place as KwaZulu-Natal’s must-attend industrial event, drawing thousands of industry professionals.
Read more...
Otto Wireless Solutions announces promotion of Miyelani Kubayi to technical director
Otto Wireless Solutions
News
Otto Wireless Solutions is proud to announce the promotion of Miyelani Kubayi to the position of technical director, effective 1 August 2025.
Read more...
DMASS experiences continued slowdown
News
The European electronic components distribution market continued its downward trajectory in the second quarter of 2025, according to new figures released by DMASS.
Read more...
World-first zero second grid-to-backup power switch
News
JSE-listed cable manufacturer, South Ocean Electric Wire, has completed a solar installation it says marks a global first: a seamless switch from grid to backup power in zero seconds.
Read more...
News
OMC deploys cobots to improve throughput 10x, while maintaining quality and ensuring consistency of fibre optic production.
Read more...
Cobots for opto production line
News
OMC deploys cobots to improve throughput 10x, while maintaining quality and ensuring consistency of fibre optic production.
Read more...
SACEEC celebrates standout industrial innovation on the KITE 2025 show floor
News
Exhibitor innovation took the spotlight at the KITE 2025 as the South African Capital Equipment Export Council announced the winners of its prestigious New Product & Innovation Awards.
Read more...
SA team for International Olympiad in Informatics
News
The Institute of Information Technology Professionals South Africa has named the team that will represent South Africa at this year’s International Olympiad in Informatics.
Read more...
Anritsu and Bluetest to support OTA measurement
News
Anritsu Company and Sweden-based Bluetest AB have jointly developed an Over-The-Air measurement solution to evaluate the performance of 5G IoT devices compliant with the RedCap specification.
Read more...
printer friendly version