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Austrian Cleaning Toolmaker SEZ Reports H1 Net Sales At EUR65.8mn, Compared

Austrian cleaning toolmaker SEZ reports H1 net sales at EUR65.8mn, compared with EUR97.8mn in 2001. The net loss for the half year is EUR1.4mn. In 2001, a net profit of EUR15.4mn was made. Order intake increased to EUR74.1mn compared with EUR68.9mn, but backlog is down at EUR40.1mn from EUR61.9mn for the same time last year. The company management is assuming that there will be no
Applied Materials made net sales of $1.46bn in Q3 (ending July 28), down 7%
on the previous year. Net income was $115mn, flat compared with the previous
year. Better news came on the new orders front: $1.78bn, up 47% on Q3 2001.
"Despite the continuing uncertainty of the global macro-economic
environment, the semiconductor industry has begun a major shift requiring a
substantial investment in advanced manufacturing technologies," says James C
Morgan, chairman and CEO.
Sales in the next quarter (Q4) are expected to be down 5-15% sequentially as
a result of cancellations and delays.
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