Quarterly Figures for 2014 Published

Quarterly Figures for 2014 Published


SÜSS MicroTec AG / Key word(s): Quarter Results

08.05.2014 / 07:28


Quarterly Figures for 2014 Published

- Order Intake of EUR 25.0 million within guidance

- Sales reach EUR 39.0 million

- EBIT at EUR 1.5 million after EUR -3.3 million in Q1 2013


Garching, May 8, 2014 - SUSS MicroTec, a global supplier of equipment and process solutions for the semiconductor industry and related markets, published its report for the first quarter of the fiscal year 2014 today. Order intake in the first three months 2014 was moderate and came in at EUR 25.0 million, which is at the lower end of our guidance of EUR 25 - 35 million (previous year: EUR 34.9 million). Sales amounted to EUR 39.0 million, which is well above the previous year's level of EUR 30.1 million. The main reason was a shift of sales recognition from Q4 2013 into Q1 2014. The Order backlog amounted to EUR 71.4 million (previous year: EUR 91.5 million).

Earnings before interest and tax (EBIT) came in at EUR 1.5 million (previous year: EUR -3.3 million). Earnings after taxes (EAT) amounted to EUR 1.1 million, compared to EUR -2.5 million in the previous year. The basic earnings per share (EPS) totaled EUR 0.06 (previous year: EUR -0.13).

The free cash flow for the first quarter 2014, before effects of M&A activities and the purchase or sale of interest bearing securities, amounted to EUR -4.2 million (previous year's quarter: EUR -7,2 Million). As of March 31, 2014, the SUSS MicroTec-Group has cash and interest bearing securities of EUR 42.7 million. Net liquidity amounted to EUR 31.5 million which is below the level at year end 2013 of EUR 35.7 million (March 31, 2013: EUR 25.1 million).

Outlook
Taking the order backlog at the end of the first quarter 2014 and the expected order entry for the second quarter 2014 into account, the Company reiterates its guidance for full year sales to come in between EUR 135 million and 145 million. The EBIT is expected to come in between EUR minus 5 and 0 million.

For the second quarter of the fiscal year 2014 the company expects orders to come in between EUR 30 - 40 million.

Disclaimer:

This press release contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec AG and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of SUSS MicroTec AG. Consequently, actual developments as well as actual earnings and performance may differ materially from those which explicitly or implicitly assumed in the forward-looking statements. SUSS MicroTec AG does not intend or accept any obligation to publish updates of these forward-looking statements




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


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