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RoodMicrotec sees revenues fall, but remains confident of pipeline

By BFN News | 07:52 AM | Thursday 17 October, 2019


Semiconductor supply and services company RoodMicrotec reported its revenue was down 6% in the first three months of the year, compared to 2018. The company said this was in line with its expectations, given ?the global market situation and development in the semiconductor business? and that its order book value was continuing to increase. Martin Sallenhag, chief executive officer, RoodMicrotec, said: ?The developments of the new supply chain management projects are progressing as planned and we are looking forward to the start of production in 2020.? The company also announced it is proposing KPMG as auditor. Story provided by StockMarketWire.com

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