2015-10-02 07:00:00 CEST

2015-10-02 07:00:59 CEST


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Okmetic Oyj - Company Announcement

Okmetic's Capital Markets Day: Okmetic renews customer segmentation to better reflect the company's strategic focus on high value-added products and updates long-term financial targets


OKMETIC OYJ        STOCK EXCHANGE RELEASE   2 OCTOBER 2015         AT 8.00 A.M.


OKMETIC'S CAPITAL MARKETS DAY: OKMETIC RENEWS CUSTOMER SEGMENTATION TO BETTER
REFLECT THE COMPANY'S STRATEGIC FOCUS ON HIGH VALUE-ADDED PRODUCTS AND UPDATES
LONG-TERM FINANCIAL TARGETS

Okmetic Oyj arranges a Capital Markets Day in Helsinki today, Friday, 2 October
2015, starting at 8.45 a.m. The presentation materials will be available today
on the company's website www.okmetic.com, under Investors/Presentation
materials.

In line with its strategy, Okmetic has focused on high value-added silicon
wafers since 2006. The current customer segments are Sensor wafers and
Semiconductor wafers. The Sensor wafer segment also includes silicon wafers
delivered to other customer areas. The importance of wafer deliveries to other
customer areas has increased as Okmetic has managed to develop products for new
market areas as a result of long-term R&D efforts. This is why the company
needed to redefine its customer segmentation.

Okmetic supplies silicon wafers to be used in the manufacture of sensors as well
as discrete semiconductors and analog circuits. Based on these market areas, the
new customer segments are Sensor wafers and Discrete&Analog wafers (D&A wafers).
The revised customer segmentation facilitates the company's positioning in the
semiconductor industry's value chain and better reflects the company's business
focus.

The Sensor wafer segment includes silicon wafers used for MEMS and other sensor
applications. The D&A wafer segment consists of high resistivity wafers and high
voltage SOI wafers currently included in Sensor wafers as well as of other
semiconductor wafers. As a result of these changes, Okmetic has two growing
customer segments that are equal in size. New customer segmentation will be
applied in financial reporting as of 1 January 2016. At the same time, the
company will start reporting net sales of the two customer segments instead of
the value of deliveries.

The growing areas of the electronics industry, mobile smart devices, automotive
applications, smart homes and environments, the Internet of Things, applications
for health care and industrial processes continue to see steady growth, and this
is driving demand for Okmetic's products. The company will continue to focus on
and invest in technologies that serve both of its customer segments: 200 mm
wafers, SOI production technology and crystal growing, which enables the
manufacture of high and low resistivity products.

Both customer segments are expected to grow over the next five years. Growth is
sought with new products to new and existing customers. Of all market areas,
Asia's relative share of sales is expected to grow fastest. Okmetic estimates
all three market areas, Asia, Europe and North America, to account for an equal
share of sales in 2020.

OKMETIC'S LONG-TERM FINANCIAL TARGETS REVISED

Following the changes in customer segmentation, Okmetic updates its long-term
financial targets. As of 1 January 2016, they will be as follows:

- Organic growth of net sales 5-10 percent per annum (currently organic growth
of sensor wafer business at 10 percent per annum or more)
- Operating profit 10-15 percent of net sales (currently operating profit 10
percent of net sales or more)

The 5-10 percent organic growth target for net sales now extends to the entire
business instead of the earlier target covering only the Sensor wafer segment.
The new growth target exceeds the company's historical annual growth rate as
well as the annual growth rate forecasted for the entire silicon wafer industry.
The raise of operating profit target to 10-15 percent of net sales reflects the
company's increasing shift towards high value-added wafers across its entire
business.

OKMETIC OYJ

Kai Seikku
President



For further information, please contact:

President Kai Seikku, Okmetic Oyj,
tel. +358 9 5028 0232, email: kai.seikku@okmetic.com



Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries. Okmetic provides its customers with
solutions that boost their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.

Okmetic has a global customer base and sales network, production plants in
Finland and the US and contract manufacturers in Japan and China.

Okmetic's shares are listed on Nasdaq Helsinki under the code OKM1V. For more
information on the company, please visit our website at www.okmetic.com.


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