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IQE PLC – Trading Update

IQE plc (AIM: IQE) the leading supplier of advanced wafer products and material solutions to the semiconductor industry, provides a trading update for the year ended 31 December 2019 and for the first quarter of the 2020 financial year.

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IQE PLC – Trading Update

IQE now expects to deliver revenue of between £136m and £142m, compared to the previous guidance range of £140m to £160m, including a forex tailwind of circa £3m.

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IQE PLC – 2019 HALF YEAR RESULTS

Adjusted Measures: The Directors believe that the adjusted measures provide a more useful comparison of business trends and performance. Adjusted measures exclude exceptional items, share based payments and non-cash acquisition accounting charges as detailed in note 7.  The following highlights of the first half results is based on these adjusted profit measures, unless otherwise stated.

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IQE PLC – Directorate Change

IQE plc, the leading global supplier of advanced wafer products and materials solutions to the semiconductor industry, announces the planned retirement of Dr Howard Williams, Chief Operating Officer (COO) and the establishment of an Executive Management Board, as part of the continuing development of the Group’s organisational structure.

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IQE PLC – Trading update

IQE plc (AIM: IQE), the leading global supplier of advanced wafer products and materials solutions to the semiconductor industry, provides the following trading update ahead of the financial close for H1 FY2019.

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