Süss MicroTec AG: High Order Entry, Positive Earnings in the First Quarter

Süss MicroTec AG: High Order Entry, Positive Earnings in the First Quarter

Süss MicroTec AG / Quarter Results

Release of an 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.
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SUSS MicroTec AG: High Order Entry, Positive Earnings in the First Quarter

  - Once Again High Order Entry of EUR 43.8 Million (Q1 2007: EUR 26.7
    Million)
  - Sales of EUR 35.3 Million (Q1 2007: EUR 39.4 Million)
  - Positive EBIT of EUR 1.6 Million (Q1 2007: EUR 3.9 Million)
  - Free Cash Flow of EUR 2.6 Million (Q1 2007: EUR 0.5 Million)

Munich, Germany, May 6, 2008. SUSS MicroTec AG (business address:
Schleissheimer Straße 90, 85748 Garching; ISIN: DE0007226706), which is
listed in the Prime Standard of the Deutsche Börse AG (German Stock
Exchange), set off to a successful start in the 2008 Fiscal Year after an
exceptionally good fourth quarter in 2007. With order entry of EUR 43.8
million in first quarter 2008, the SUSS MicroTec Group was able to surpass
the corresponding previous year’s figure of EUR 26.7 million by
approximately 64.1 percent and thus seamlessly sustain momentum from the
extremely successful fourth quarter of 2007. The Lithography division,
which received several significant orders from advanced packaging customers
in Asia during the first three months of the year, made a substantial
contribution to the Group’s order growth. Consequently, the order backlog
as of March 31, 2008 increased to EUR 83.8 million (March 31, 2007: EUR
65.1 million). In the first quarter of 2008, SUSS MicroTec Group sales
amounted to EUR 35.3 million after EUR 39.4 million in 2007.

Reflecting lower sales than in the previous year’s period and sustained
margin pressure caused by the continued weakening of the US dollar, gross
profit declined in the first quarter from EUR 16.6 million to EUR 14.6
million, or by 12.1%. Earnings before interest and taxes (EBIT) once again
came in positive at EUR 1.6 million, although approximately EUR 2.3 million
(58.1%) less than in the corresponding period of 2007 (EUR 3.9 million).
Earnings after taxes (EAT) totaled EUR 1.0 million, thus approximately EUR
2.5 million below the previous year’s amount (Q1 2007: EUR 3.5 million).

Operating cash flow rose compared to the previous year’s period from EUR
2.2 million to EUR 4.6 million. The Group succeeded in generating free cash
flow of EUR 2.6 million (Q1 2007: EUR 0.5 million) despite additional
investment in product development and its new ERP system.

The 2008 First Quarter Report is available for download at www.suss.com.

End of the ad hoc announcement



Contact:
SÜSS MicroTec AG
Investor Relations/PR
Julia Hartmann
Tel.: +49 (0)89 32007-161, 
Email: julia.hartmann@suss.com


06.05.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       Süss MicroTec AG
              Schleissheimer Strasse 90
              85748 Garching b. München
              Deutschland
Phone:        +49 (0)89 32007-161
Fax:          +49 (0)89 32007-336
E-mail:       ir@suss.com
Internet:     www.suss.com
ISIN:         DE0007226706
WKN:          722670
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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