Süss MicroTec AG: Financial Figures for Third Quarter Published

Süss MicroTec AG: Financial Figures for Third Quarter Published

Süss MicroTec AG / Quarter Results


Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.


SUSS MicroTec AG: Financial Figures for Third Quarter Published

  - Order Entry in Third Quarter at EUR 28.6 Million

  - Sales in Third Quarter of EUR 27.0 Million

  - Free Cash Flow after Nine Months Totals EUR 5.6 Million - Net Liquidity
    as of 9/30/2009 Improved to EUR 15.3 Million

Munich, Germany, November 5, 2009 - Order entry at SUSS MicroTec AG
(business address: Schleissheimer Strasse 90, 85748 Garching, Germany;
ISIN: DE0007226706), which is noted in the Prime Standard of Deutsche Börse
AG, totaled EUR 28.6 million in the third quarter of the 2009 fiscal year
and, thus, exceeded the previous year's figure of EUR 24.8 million by
approximately 15%. It also increased slightly in comparison with the second
quarter of 2009. This positive development was primarily caused by the
willingness of Asian packaging customers to invest, which has slowly been
reviving since mid-year. Sales of EUR 27.0 million in the third quarter
were at the level of the previous quarter (Q2 2009: EUR 27.3 million), but
did not reach the figure from the previous year of EUR 34.6 million.

While the third quarter of 2009 confirmed hopes of a revival in the
semiconductor equipment market in terms of orders, the effects of the
weakness of the global economy were still apparent in the nine-month
figures. The Company posted significant declines compared with the previous
year for both order entry and sales in the first nine months of the year.
Order entry at EUR 75.7 million fell about 32% short of the comparable
figure from the previous year of EUR 111.2 million. Sales of EUR 81.3
million were approximately 22% lower than in the same period of the
previous year (9M 2008: EUR 104.3 million). The order backlog as of
September 30, 2009 amounted to EUR 63.4 million (September 30, 2008: EUR
85.7 million).

Against the backdrop of cost saving measures implemented early on, earnings
before interest and taxes (EBIT) after nine months totaled EUR -0.6
million, thus, achieving a nearly balanced overall result. In the previous
year, earnings before interest and taxes were affected by extraordinary
expenses of EUR 18.3 million and totaled EUR -16.5 million after nine
months. Earnings after taxes (EAT) amounted to EUR -1.4 million after EUR
-16.3 million in the same period of the previous year.


Operating cash flow increased compared to the same period of the previous
year from EUR -0.6 million to EUR 8.5 million. For the first nine months,
the goal of generating a positive free cash flow has been achieved. Before
taking into account securities purchases amounting to EUR 5.2 million, the
free cash flow totaled EUR 5.6 million (9M 2008: EUR -6.6 million). In
total, the SUSS MicroTec Group had liquid assets and securities of EUR 25.3
million. Net liquidity also improved significantly in nine-month comparison
from EUR 1.5 million to EUR 15.3 million. Through a sale-and-lease-back
agreement in the amount of EUR 3.0 million for the SAP system implemented
in July 2008, the Company was able to further improve its financial

2009 Guidance

Against the backdrop of the decline in sales already anticipated at the
beginning of the year due to the weakness of the global economy, the
Company is now concretely expecting sales of EUR 115 million for the 2009
fiscal year and a balanced operating result. In addition, operating
business in 2009 will generate sufficient free cash flow for the continued
organic development of the core business.


The Supervisory Board of SUSS MicroTec AG has extended the existing
management contract with Mr. Michael Knopp, which was set to expire at the
end of July 2010, ahead of schedule by an additional five years. In doing
so, it has expressed its confidence in the work performed by Mr. Knopp
(43). The business studies graduate came to SUSS MicroTec AG at the
beginning of August 2007 as the Chief Financial Officer and, since that
time, has been responsible for implementing SAP as well as the
restructuring and cost savings measures of the last few years. He will now
retain his position with the Company through July of 2015.

The 2009 Nine-Month Report is now available at www.suss.com.

End of the ad hoc announcement

SÜSS MicroTec AG
Julia Hartmann
Investor Relations / PR
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007 336 
Email: julia.hartmann@suss.com

05.11.2009  Financial News transmitted by DGAP

Language:     English
Company:      Süss MicroTec AG
              Schleissheimer Strasse 90
              85748 Garching b. München
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, München, Hamburg, Stuttgart
End of News                                     DGAP News-Service