Product category:
Laser and electron beam welding
News Release from: Rofin-Baasel UK
Edited by the Manufacturingtalk Editorial
Team on 11 December 2006
High-performance laser beam sources
results
Rofin-sinar Technologies has announced results for its fourth fiscal quarter and twelve months ended September 30, 2006.
Rofin-sinar Technologies one of the world's leading developers and manufacturers of high-performance laser beam sources and laser-based solutions, announced results for its fourth fiscal quarter and twelve months ended September 30, 2006 "We are very proud of our performance in fiscal year 2006, as we achieved new records in order entry, net sales and net income
This article was originally published on Manufacturingtalk on 30 Apr 2004 at 8.00am (UK)
Related stories
Laser marking system processes 1000 units/min
Laser marking system uses dual axis scanning technology to mark small and large characters on packaging lines at speeds in excess of 1000 containers per minute.
High beam quality pulsed YAG profiles finely
In medical device manufacture, pulsed Nd:YAG lasers now can do the work of profiling increasingly finer, structures.
Our broad technology base, the large product portfolio and our well diversified customer base lay the ground for our success.
As predicted, sales to the semiconductor industry softened in the fourth quarter, while all other industries performed well in line with our expectations", commented Gunther Braun, CEO and President of RSTI.
For the twelve months ended September 30, 2006, net sales totaled $420.9 million, an increase of $45.7 million or 12% over the comparable period in 2005.
Further reading
3D laser welder suits batch or volume production
Fast programming, flexible handling and optimized ergonomics are offered by a laser welding system that allows even complicated 3D geometries to be welded.
Manual laser micro welding station is compact
A manually-loaded turnkey laser welding system is ideal for where positioning speed and accuracy are critical for small components.
The strengthening of the US-dollar, mainly against the Euro, had the effect to decrease net sales by $8.8 million.
Gross profit for the period was $178.3 million, $25.3 million higher than in 2005.
Net income for the twelve month period ended September 30, 2006, totaled $49.6 million, with diluted earnings per share of $3.16 based upon the weighted average of 15.7 million common shares outstanding.
The twelve month period was impacted by the implementation of SFAS 123R, which resulted in $3.0 million net of income tax stock-based compensation expense.
Net sales of lasers for macro applications increased by $18.1 million or 10% to $207.3 million and net sales of lasers for marking and micro applications increased by $27.6 million or 15% to $213.6 million from the comparable period in fiscal 2005.
On a geographical basis, net sales in North America in the twelve months period showed an increase of 16% and totaled $126.5 million (2005: $108.6 million).
In Europe/Asia, net sales increased by 10% to $294.4 million (2005: $266.6 million).
Order entry for the fourth quarter was $107.5 million.
This resulted in an order backlog on September 30, 2006, of $84.9 million for laser products.
"We believe we are in an excellent position to grow our business further in fiscal year 2007.
The positive business environment, worldwide, should lead to higher demand for laser sources and systems in the industries that we serve.
We will continue to concentrate on developing special laser models for dedicated applications to serve extremely high growth industries, such as medical devices and electronics industries", commented Dr Peter Wirth, Executive Chairman of the Board. Request free introductory details about products from Rofin-Baasel UK ...
• Rofin-Baasel UK: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
