According to Zentrum Mikroelektronik Dresden (ZMDI), strong demand for energy-efficient products and solutions led to significant growth in revenues and earnings in fiscal-year 2010. Revenues rose year-over-year by 28% while earnings (EBIT) improved by approximately €5 million. Based on the excellent business performance in 2010, each of the approximately 280 employees received a bonus totaling €2,088.
Thanks to the company’s strong revenue start in this its 50th anniversary year, ZMDI has increased its revenue forecast for the entire year. In January, ZMDI had estimated revenue growth in the range of five to ten percent. However, 2011 first-quarter revenues rose by nine percent year-over-year. The Executive Board now expects that sales will increase by approximately 10% in 2011. Earnings (EBIT) are expected to rise to approximately €4.5 million. ZMDI also announced that it would launch more than 20 new products in the current year with a focus on LED drivers, sensors and power management devices. Moreover, approximately 30% of revenue will again be invested in new product development, reflecting a new record in the company’s history.