SUSS MicroTec specifies its sales outlook and earnings outlook for the financial year 2018 and publishes preliminary figures for Q3 2018

SUSS MicroTec specifies its sales outlook and earnings outlook for the financial year 2018 and publishes preliminary figures for Q3 2018

SÜSS MicroTec SE / Key word(s): Preliminary Results


06-Nov-2018 / 14:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
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Disclosure of an insider information acc. to Article 17 MAR

SUSS MicroTec specifies its sales outlook and earnings outlook for the financial year 2018 and publishes preliminary figures for Q3 2018

Garching, November 6, 2018 - SUSS MicroTec specifies its sales and earnings expectations for the 2018 financial year, as a result of today’s board meeting. Sales in the 2018 financial year are expected to be within the previously announced range of € 195 million to € 205 million. Sales would thus be significantly higher than the previous year's figure of € 166.5 million. Due to a less favorable product mix in the third and fourth quarter, the EBIT margin is now expected to be below the previously announced range of 8.5% to 10.0%. At this point of time, the company expects the full-year EBIT margin for 2018 to be on the previous year’s level (without consideration of one-off effects). In the previous year, EBIT amounted to € 13.9 million, which corresponds to an EBIT margin of 8.3%. However, adjusted for a one-off effect from licensing income, EBIT margin for 2017 was 7.1%.

In the third quarter of 2018, SUSS MicroTec generated sales of € 41.9 million (previous year: € 47.1 million) and an EBIT of minus € 0.7 million (previous year: € 7.0 million). The result for the same quarter of the previous year contains the above-mentioned one-off effect of € 2.0 million from licensing income in the field of photomask cleaning, which was not collected in 2018, as scheduled. In the third quarter of 2018, several orders with weak gross margin contributions from the bonder and lithography divisions and from the SUSS MicroOptics business also had a negative impact on earnings.

The final figures for the third quarter 2018 will be announced on November 7, 2018.

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

06-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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