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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (36831)	8/16/2000 4:34:50 PM
From: Proud_Infidel	Respond to of 70976

SEZ Reports Record Growth in Orders SEZ have seen a 249% growth in sales and 220% increase in shipments. The SEZ Group announced that unprecedented numbers of incoming orders have spurred the company’s growth over the first half of this year, with an increase of 249 percent in net sales while net income increased 1,356 percent for the period. Over the first seven months of this year, the company saw a 220 percent increase in shipments. Net sales for the first six months were reported at Swiss Francs (CHF) 77.1 million [USD 46.7 million], up from CHF 22.1 million [USD 15.0 million] for the same period of time last year. Product shipments from January 1 to July 31, 2000 increased to CHF 96 million [USD 58.1 million] from CHF 30.0 million [USD 20.2 million] as reported for January – July of 1999. As of June 30, 2000 operating income (EBIT) stood at CHF16.8 million [USD 10.2 million] up from minus CHF 1.8 million [minus USD 1.2 million] in the first six months of last year. For the same period of time net income was reported at CHF 12.1 million [USD 7.3 million] up from CHF 0.8 million [USD 0.6 million]. New order bookings improved significantly from CHF 55.2 million [USD 37.2 million] for the first seven months of 1999 to CHF 147.5 million [USD 89.3 million] for the like period of 2000. This brings SEZ’s current order backlog to CHF 105 million [USD 62.9 million] up from CHF 23.7 million [USD 16.2 million] for the same period of time last year. As of July 31, 2000, SEZ’s book-to-bill ratio for the year was 1.53. <b?"SEZ has seen a steady increase in orders that is fueling our continued growth. The demand for semiconductor equipment remains strong, especially from the foundries in Southeast Asia. In particular within this quarter a new milestone was achieved when we delivered our fiftieth tool to Taiwan." explained Herwig Petschnig, COO of the SEZ Group. For more information try sez.com