SÜSS MicroTec SE: realizes special income of EUR 2.0 million in the third quarter of 2017 and increases the earnings guidance for the full fiscal year 2017

SÜSS MicroTec SE: realizes special income of EUR 2.0 million in the third quarter of 2017 and increases the earnings guidance for the full fiscal year 2017

SÜSS MicroTec SE / Key word(s): Change in Forecast

10-Aug-2017 / 14:38 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

Disclosure of an inside information acc. to Article 17 MAR

 

SUSS MicroTec realizes special income of EUR 2.0 million in the third quarter of 2017 and increases the earnings guidance for the full fiscal year 2017


Garching, 08/10/2017 - SUSS MicroTec Photomask Equipment GmbH & Co. KG, a subsidiary of SUSS MicroTec SE, has signed a license agreement to market a technology developed by SUSS MicroTec to clean photomasks on August 9, 2017.

The agreement provides for the payment of a license fee to SUSS MicroTec of EUR 2.0 million in the third quarter of 2017. In addition, further licensing fees may be payable in subsequent years. The license fee will have a positive effect on the results for the third quarter as well as the full fiscal year 2017. For this reason, the company is raising the expectation for EBIT (earnings before interest and income taxes) for the financial year 2017 from EUR 13 - 17 million to EUR 15 - 19 million. In the 2016 financial year, EBIT amounted to EUR 11.1 million.

The technology can also be used as a cleaning module for cleaning wafers in the front end of a chip factory. Licensee is a leading Japanese equipment manufacturer who already has machines for front end production in its program and will now use the technology developed by SUSS MicroTec as a module in its machines.

The technology developed by SUSS MicroTec for the cleaning of photomasks offers the great advantage that much less aggressive chemicals can be used than with other methods and thus considerable disposal costs can be saved by the customers. Such a cleaning module can also be used in cleaning machines for the front end, which SUSS MicroTec does not have in its product portfolio. This licensing agreement allows SUSS MicroTec to market its own technology to other, otherwise unachievable, application fields.

End of announcement




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

10-Aug-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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