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SÜSS MicroTec AG / Key word(s): Quarter Results
Quarterly Figures for 2015 Published
- Order Intake of EUR 28.5 million within guidance
- Sales at EUR 26.9 million
- EBIT at EUR -2.2 million due to low sales level
Order intake in the first three months 2015 came in at EUR 28.5 million, which is within our guidance of EUR 25 - 35 million and 14 percent above the previous year. Sales amounted to EUR 26.9 million, which is down sequentially and is below the EUR 39.0 million of the first quarter 2014. Besides seasonal effects the main reason for the reported moderate sales level in Q1 2015 was the high sales level in Q4 2014. The Order backlog amounted to EUR 78.8 million (previous year: EUR 71.4 million).
Earnings before interest and tax (EBIT) came in at EUR -2.2 million (previous year: EUR 1.5 million). Earnings after taxes (EAT) amounted to EUR -2.5 million, compared to EUR 1.1 million in the previous year. The basic earnings per share (EPS) totaled EUR -0.13 (previous year: EUR 0.06).
The free cash flow for the first quarter 2015, before effects of the purchase or sale of interest bearing securities, amounted to EUR -5.5 million (previous year's quarter: EUR -4.2 Million). As of March 31, 2015, the SUSS MicroTec-Group has cash and interest bearing securities of EUR 41.6 million. Net liquidity amounted to EUR 31.6 million which is below the level at year end 2014 of EUR 38.0 million (March 31, 2014: EUR 31.5 million).
For the second quarter of the 2015 fiscal year the Company expects orders to come in between EUR 30 million and EUR 40 million.
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.
About SUSS MicroTec
SUSS MicroTec AG
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
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|Company:||SÜSS MicroTec AG|
|Schleissheimer Strasse 90|
|Phone:||+49 (0)89 32007-161|
|Fax:||+49 (0)89 32007-451|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart|
|End of News||DGAP News-Service|