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Aixtron growth is carried by LED demand

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It's reported that semiconductor manufacturing equipment vendor Aixtron has achieved double-digit revenue growth in its Q2, despite currency and macro-economic headwind,

The company which in the first place sells machinery for the production of LEDs raised its sales in the second quarter to €65.6 million, a growth of 45 percent against the same quarter last year. Operating profit almost tripled to €8.9 million from €3.2 million last year. The gross margin, however, declined slightly to 39 percent of sales from 40 percent. Order intake rose 44 percent to €72.5 million.