Süss MicroTec AG: A Very Positive First Quarter 2006

Süss MicroTec AG: A Very Positive First Quarter 2006

Süss MicroTec AG / Quarter Results

Ad-hoc-Announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

- Sales and order entry: at their highest since 2001
- Earnings after taxes at EUR 3.7 million, clearly positive 
- Market remains positive

Munich, May 3, 2006 – Following a decidedly good fourth quarter in 2005
SUSS MicroTec (ISIN DE0007226706) has started the year 2006 on a very
successful note. Sales rose 98% to EUR 39.1 million (previous year: EUR
19.7 million).

The gross profit margin improved from 35.4% to 45.0%. On EBIT level the
company reached a positive result of EUR 4.8 million (previous year: minus
EUR 4.9 million). The positive effects of the restructuring measures
carried out by the semiconductor equipment supplier over the last two years
are now also evident for the first time in its results. Both the gross
profit margin and overhead costs are now fully within the target area.

At EUR 40.6 million and up 69% from Q1/2005 (EUR 24 million), the order
entry data further underline this positive business development. The
readiness to invest by microsystems technology and advanced packaging
customers confirms the company's optimistic estimates regarding market
development. The Lithography and Substrate Bonder segments profited most
from this favorable environment.

Segment Overview for the first quarter of 2006 in a year-on-year

LITHOGRAPHY: In this segment, the biggest in the Group (share of sales
66%), sales (EUR 25.7 million compared to EUR 11.5 million; +124%), order
entry (EUR 25.3 million compared to EUR 11.1 million; +128%) and segment
results (EUR 5.6 million compared to minus EUR 2.5 million; +325%)
developed very positively. The high demand for lithography products (Mask
Aligner, Coater and Developer) remained unchanged.

SUBSTRATE BONDER: SUSS achieved noticeable growth in sales (EUR 3.3 million
compared to EUR 0.6 million) and order entry (EUR 4.7 million compared to
EUR 0.8 million). These developments show that the market position of this
product line has obviously advanced. Segment results improved from minus
EUR 0.8 million to minus EUR 0.1 million. The Substrate Bonder for
production applications in particular is being well received by the market.
The brisk demand for these automatic bonders is based on SUSS’ competitive

DEVICE BONDER: Order entry improved to EUR 1.7 million compared to EUR 0.9
million. Sales declined somewhat (EUR 0.3 million compared to EUR 0.5
million). This can be attributed to the fact that final acceptances were
deferred into the second quarter. Earnings improved somewhat from minus EUR
0.5 to minus EUR 0.3 million. A significant increase in sales in the second
quarter with a corresponding improvement in earnings is expected.

TEST SYSTEMS: While sales developed positively (EUR 6.5 million compared to
EUR 5.2 million; +26%) order entry (EUR 5.7 million compared to EUR 8.3
million; minus 32%) failed to reach the very good value of Q1/2005.
However, quotation activity is at a very high level in this segment, so a
trend reversal is not expected. Segment results could be increased from
minus EUR 0.7 million to EUR 0.7 million (+190%).

OTHERS: In addition to the business units photo masks, micro-optics and
holding functions, this segment also includes C4NP. Sales in the first
quarter increased in a year-on-year comparison from EUR 1.9 million to EUR
3.3 million (+68%), primarily due to the positive development of the photo
mask business. Order entry reached EUR 3.3 million compared to EUR 2.9
million (+14%). Segment results amounted to minus EUR 0.8 million (Q1/2005:
minus EUR 1.6 million), though this loss is due to structural reasons: the
costs of the holding company not allocated to the segments are included in
these results. With respect to C4NP, the target continues to be to obtain
orders for two to three lines in the current fiscal year.

SUSS MicroTec remains very confident that they will achieve sales growth of
approximately 10% in 2006 compared to the previous year in accordance with
the general expectations for the semiconductor supplier industry. This
corresponds to sales in 2006 of approximately EUR 130 million. On the basis
of such sales SUSS expects an EBIT margin of 6% to 8%.

An overview of results in Q1/2006:

Amounts in EUR millions                    Q1/2006          Q1/2005
Order entry                                40.6             24.0
Order backlog                              85.5             69.9
Sales revenue                              39.1             19.7
Shareholders’ equity                       87.7             84.2
Equity ratio                               55.4%            53.5%
Free cash flow                             6.7              3.7
Gross earnings                             17.6             7.0
Gross earnings margin                      45.0%            35.4%
EBIT                                       4.8              -4.9
EBIT margin                                12.3%            -24.7%
(Earnings after taxes)                     3.7              -5.3
EPS, diluted
(Earnings per share in EUR)                0.20             -0.35
Employees                                  689              715

The Q1/2006 quarterly report can be found at www.suss.de (PDF for

For further information, please contact: 

SUSS MicroTec AG, Investor Relations, Barbara v. Frankenberg
Tel.: +49 (0) 89 / 320 07-314 Fax: +49 (0) 89/ 320 07-450
E-mail: b.frankenberg@suss.de

DGAP 03.05.2006 
language:     English
company:      Süss MicroTec AG
              Schleissheimer Strasse 90
              85748 Garching b. München Deutschland
phone:        +49 (0)89 32007-314
fax:          +49 (0)89 32007-450
email:        ir@suss.de
WWW:          www.suss.de
ISIN:         DE0007226706
WKN:          722670
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service