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SÜSS MicroTec AG / Key word(s): Half Year Results
Half Year Figures for 2015 Published
- Q2 Order intake with EUR 41.2 million above guidance
- EBIT at minus EUR 3.9 million in the first half of 2015
- Improved Guidance for FY 2015
Garching, August 6, 2015 - SUSS MicroTec published its report for the first half of the fiscal year 2015 today. When looking at the second quarter only, order intake increased considerably compared to Q1 2015. Order intake reached EUR 41.2 million, which is about 45% higher than in the first quarter 2015 and 13.8% above the EUR 36.2 million in the corresponding quarter 2014. Sales in the second quarter reached EUR 28.2 million after EUR 30.4 million a year ago.
Looking at the first half of 2015, SUSS MicroTec achieved an order intake of EUR 69.7 million after EUR 61.2 million in the previous year. The increase in order intake came mainly from the Lithography segment, which increased by 25.9%. Total sales came in at EUR 55.1 million, which is 20.6% below the EUR 69.4 million of the previous year. Thus, order backlog amounted to
The Group's largest division, Lithography, recorded a 16.3% decrease in sales in the first half of the year to EUR 36.6 million (previous year: EUR 43.8 million). The Substrate Bonder division contributed sales of EUR 5.1 million in the first half of the year (previous year: EUR 15.2 million), which is a decrease of 66.4%. The reason for the significant decline was the termination of production in the Bond Cluster product line in the Permanent Bond Systems area. The Photomask Equipment division achieved higher sales of EUR 9.7 million (previous year:
The gross profit margin for SUSS MicroTec Group increased slightly in the first half of the year to 33.0% (H1 2014: 32.3%).
Earnings before interest and taxes (EBIT) of minus EUR 3.9 million were below the EUR 3.4 million of the previous year.
Earnings after taxes (EAT) amounted to minus EUR 4.6 million, compared to EUR 2.0 million in the previous year. Basic earnings per share (EPS) amount to minus EUR 0.24 (previous year:
The Free Cash Flow for the first half year 2015, before the effects of the purchase or sale of interest bearing securities, amounted to EUR -13.2 (previous year: EUR -2.4 million). Cash and interest bearing securities amounted to EUR 35.2 million at the end of the first half year (June 30, 2014: EUR 44.1 million). Net liquidity amounted to EUR 25.6 million, which is below the
Taking the order backlog at the end of the first half of 2015 and the expected order entry for the second half of 2015 into account, the management expects sales for the 2015 fiscal year to come in between EUR 135 million and EUR 145 million. EBIT is expected to be in the low single-digit million Euro range.
For the third quarter of the 2015 fiscal year the Company expects orders to come in between EUR 25 million and EUR 35 million. For the fourth quarter order activity is expected to pick up again. Order entry should go up and come in between EUR 30 million and EUR 40 million.
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|