Ad hoc disclosure in accordance with section 15 WpHG
Preliminary Figures for the 2007 Fiscal Year
- Revised Sales and Earnings Forecast Confirmed
- Sales of EUR 146 Million (Previous Year: EUR 156 Million)
- EBIT at EUR 5.9 Million (Previous year: EUR 16.0 Million)
- Order Entry in Q4 of EUR 54 Million – Second Highest in the Company’s History
- Order Backlog at the End of the Fiscal Year of EUR 78 Million
Munich, Germany, February 07, 2008 - According to preliminary figures, the SUSS MicroTec Group (business address: Schleissheimer Strasse 90, 85748 Garching, Germany; ISIN: DE0007226706) achieved sales of approximately EUR 146 million in fiscal year 2007 (previous year: EUR 156 million). The high-tech company listed in the Prime Standard of the Deutsche Börse AG (German stock exchange) is thus lagging behind the original sales and earnings forecast communicated at the beginning of the fiscal year, but will be able to outperform the sales guidance revised on October 29, 2007 by about EUR 6 million with sales estimates for fiscal year 2007 amounting to EUR 140 million. The earnings before interest and taxes (EBIT) of EUR 5.9 million (previous year: EUR 16.0 million) remains at the low end of expectations. This was due to additional costs for the C4NP production systems still to be delivered to IBM.
During the fourth and strongest quarter of fiscal year 2007, the Munich-based company achieved sales of EUR 47 million (previous year: EUR 42 million) as well as order entry of approximately EUR 54 million (previous year: EUR 39 million). Lithography, the Group’s core segment, was a key contributor to the second highest level of order entry in the company’s history and the good sales development of the SUSS MicroTec Group between October and December.
Following the issuance of a promissory note bond (Schuldscheindarlehen) at the end of fiscal year 2007, the cash and cash equivalents amounted to approximately EUR 20 million. The net cash position declined slightly at year-end 2007 to EUR 7.7 million (September 30, 2007: EUR 8.3 million).
SUSS MicroTec is anticipating a good first half of fiscal year 2008: this expectation is based on the high level of order backlog, which was EUR 78 million at the end of fiscal year 2007.
The final key figures for fiscal year 2007, which may still deviate from the above-mentioned figures, will be published on March 28, 2008.
