SÜSS MicroTec AG: Order Entry Expectation for the Second Half of 2016 and Sales Forecast for the 2017 Fiscal Year

SÜSS MicroTec AG: Order Entry Expectation for the Second Half of 2016 and Sales Forecast for the 2017 Fiscal Year

SÜSS MicroTec AG  / Key word(s): Forecast

27.07.2016 18:57

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Order Entry Expectation for the Second Half of 2016 and Sales Forecast for
the 2017 Fiscal Year

Garching, July, 27, 2016 - In a board meeting, the Management Board of SUSS
MicroTec AG discussed the outlook for the individual divisions today. After
a detailed examination and discussion of the figures, the Management Board
hereby announces its expectations for the second half of the 2016 fiscal
year. After a moderate start into fiscal 2016, with an order intake of EUR
30.1 million in the first (previous year EUR 28.5 million) and EUR 39.2
million in the second quarter 2016 (previous year: EUR 41.2 million) and
thus a total of EUR 69.3 million in the first half of 2016 (previous year:
EUR 69.7 million), the Management Board expects an order intake in the
second half of 2016 in the range of EUR 80 to 90 million (previous year:
EUR 118.9 million). Until now a more pronounced increase in order intake
over the first half of 2016 was anticipated. One reason for the reduced
expectations is the generally difficult market situation. Moreover, the
Company did not receive any orders from new customers for the UV-projection
scanners from SUSS MicroTec Photonic Systems so far.


Due to the expected order intake in the second half of 2016 and the
expected order backlog at year-end 2016, the Management Board expects sales
in fiscal 2017, to be around EUR 160 million.


For the current year, the Company reiterates the guides for sales to come
in between EUR 170 and 180 million (previous year: EUR 148.5 million). The
operating result (EBIT) is expected to be in the bandwidth of EUR 9 to 13
million (previous year: EUR 5.0 million).




Contact:
SUSS MicroTec AG
Franka Schielke
Senior Manager Investor Relations
Schleissheimer Strasse 90
85748 Garching, Deutschland
franka.schielke@suss.com
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451 
Email: franka.schielke@suss.com


27.07.2016 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      SÜSS MicroTec AG
              Schleissheimer Strasse 90
              85748 Garching
              Germany
Phone:        +49 (0)89 32007-161
Fax:          +49 (0)89 32007-451
E-mail:       ir@suss.com
Internet:     www.suss.com
ISIN:         DE000A1K0235
WKN:          A1K023
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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