SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
Standard of Excellence: Overcoming Service Failures—The Art of the Apology
Nolan’s Notes: Tariffs, Technologies, and Optimization
Mycronic Reports Q4 and Full Year 2015
February 4, 2016 | MycronicEstimated reading time: 2 minutes
Fourth quarter October-December 2015
- Order intake was SEK 838 (618) million
- Net sales were SEK 621 (656) million
- EBIT was SEK 251 (231) million
- Earnings per share were SEK 1.99 (2.37)
Full year January-December 2015
- Order intake was SEK 2,179 (2,028) million
- Net sales were SEK 1,815 (1,475) million
- EBIT was SEK 540 (277) million
- Earnings per share were SEK 4.52 (2.72)
Dividend
The Board proposes an ordinary dividend of SEK 1.50 (0.80) per share and an extraordinary dividend of SEK 2.50 (3.20) per share. The total dividends of SEK 4 (4) per share amount to SEK 391.7 (391.7) million.
Outlook
The Board’s assessment is that sales in 2016 will be at the level SEK 1,900 million.
2015 - stable performance
“Strong fourth quarter is the culmination of a year of stable growth, a year to be proud of. Never have system or aftermarket sales been higher. Growth was 23 percent. The results demonstrate that the product development strategy is correct. This is especially gratifying during a year when the global market for SMT equipment has experienced a decline. The operating margin reached 40 percent in the fourth quarter and 30 percent for the whole year. And we moved into 2016 with an order backlog exceeding SEK 1 billion. At the same time, through investments in product development, we have taken steps to reach our established goals for growth and profitability in the coming years," says Lena Olving, CEO and President of Mycronic AB.
Mycronic’s launches of innovative production solutions for effective electronics production have led to an increase in demand within both of Mycronic’s business areas, which has strengthened the company's market and financial positions. During the fourth quarter, the latest new equipment for dispensing several types of fluids was introduced. Mycronic’s Jet Dispenser, which builds on the jet printing platform, is significantly faster than existing dispensing solutions and targets new segments on the SMT market. By broadening the product offering to other segments, opportunities are created for a position shift, which is in line with the company's strategy for growth.
During 2015, Mycronic received orders for a total of nine mask writers for different applications. Demand for the most high resolution mobile displays is on the rise, which increases photomask complexity. Mycronic’s most advanced mask writer, the Prexision-80 (P-80), is indispensable for this manufacturing. During 2015, the company delivered a P-80 and received an order for an additional system.
The company’s replacement offering for customers with older mask writers for display manufacturing was also positively received, with three orders in 2015.
"Besides maintaining and developing our existing offering, we have started an initiative to make the technology leap necessary to develop products for new and future needs within SMT. By collaborating with a high tech engineering company in Asia, we complement our unique competence with specific technological and market competence for new customer requirements," says Lena Olving.
About Mycronic
Mycronic AB is a high-tech Swedish company engaged in developing, manufacturing and marketing of production solutions to the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the US.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
NEDME Returns October 22 — The Northwest’s Premier Design & Manufacturing Expo
10/13/2025 | NEDMEThe Northwest Electronics Design & Manufacturing Expo (NEDME) returns on Wednesday, October 22, 2025, at Wingspan Event & Conference Center, Hillsboro. The event brings together engineers, product designers, manufacturers, educators, and community partners for a full day of industry connection, learning, and networking.
Critical Minerals: The New Power Play in Global Trade
10/13/2025 | Marcy LaRont, I-Connect007Access to critical minerals essential for electronics manufacturing, and China’s monopoly of them, is increasingly under scrutiny, with gallium (Ga) and germanium (Ge)at the forefront of this discourse. However, all critical minerals imported from China share a similar narrative, and understanding the implications of this dependency and the risks to both U.S. commercial and defense sectors has created an urgent need for a comprehensive electronics strategy to secure and diversify access to these vital minerals. In this candid interview, USPAE Executive Director Jim Will discusses the issues and the mitigation steps that must be taken to adequately address them.
Interposers, Substrates, and Advanced Manufacturing
10/13/2025 | Marcy LaRont, I-Connect007I attend a lot of industry trade shows and conferences. Lately, during conversations with technologists, I’ve noticed that there is some confusion about what exactly constitutes an interposer. One question I hear every so often is, “Are all interposers substrates?” The short answer to that question is no. But some interposers are, in fact, full substrates.
New Course Presents a Comprehensive Guide to IPC Standards
10/10/2025 | Marcy LaRont, I-Connect007Francisco Fourcade, electronics technology standards manager for the Global Electronics Association, has spent years helping companies understand and implement the standards that keep the electronics manufacturing industry moving forward. In this interview, he shares updates on ongoing standards development efforts and previews a new course, "IPC Standards: A Guide for the Electronics Industry,” which starts Oct. 14.
SASinno Americas Strengthens Field Service Capabilities with Addition of Oscar Ortiz González in Mexico
10/10/2025 | SASinno AmericasSASinno Americas is proud to announce the addition of Oscar Ortiz González as Senior Field Service Engineer, based in Mexico.