
Shares in Aixtron AIXGn.DE rise 6.6% after the German chip systems manufacturer posted its Q1 sales and orders above expectations, confirmed FY guidance despite impact from U.S. tariffs
Aixtron posts Q1 order intake of 132.2 million euros($150.67 million) vs 120.3 million a year earlier, as its quarterly revenue amounted to 112.5 million euros, exceeding analysts' expectations of 102.5 million euros in a poll by LSEG
"The risks associated with U.S. tariffs policy are currently considered insignificant, as semiconductor equipment is currently not subject to U.S. tariffs," the company said
Jefferies says that Aixtron's Q1 sales and orders came in well above estimates
The stock, which has lost 25.5% YTD, is at the top of Germany's mid-cap index .MDAXI
($1 = 0.8774 euros)