News blog

Pure Wafer

  • BY: Andrew Hore |
  • POSTED: 21/01/2014 |

Silicon wafer reclaim services provider Pure Wafer says that full year revenues are likely to be lower than expected because of pricing pressure. 

Japanese competitors are benefiting from the Yen/$ exchange rate and are able to offer lower prices. Overall revenues are likely to be 5% below expectations. However, trading in the six months to December 2013 were in line with expectations meaning that the shortfall will all be n the second half.

However, tight cost control should enable profit to be as expected.

Additional equipment is being installed in Swansea and the US and the additional capacity will be available over the next few months.

At 79p a share, down 17.5p, Pure Wafer is valued at £22.1m.

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFJanuary2014_52.pdf

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds