Publication of the Q1 Figures for 2017

Publication of the Q1 Figures for 2017

DGAP-News: SÜSS MicroTec AG / Key word(s): Quarterly / Interim Statement

04.05.2017 / 08:14
The issuer is solely responsible for the content of this announcement.


Publication of the Q1 Figures for 2017

- Order entry at EUR 46.0 million, up 52.8% year-over-year

- Sales in Q1 2017 are at EUR 23.0 million

- Book-to-bill ratio at 2.0


Garching, May 4, 2017 - SUSS MicroTec, a leading supplier of equipment and process solutions for the semiconductor industry and related markets, published its quarterly report for the 2017 fiscal year today.

The Company generated sales of EUR 23.0 million (previous year: EUR 27.6 million) in the first quarter 2017 and booked an order entry of EUR 46.0 million (previous year: EUR 30.1 million). The order backlog amounted to EUR 124.5 million (03/31/2016: EUR 118.8 million).

Earnings before interest and tax (EBIT) came in at EUR -4.8 million (previous year: EUR -2.0 million). The EBIT-Margin for Q1 2017 reached -20.9% (previous year: -7.2%). Main reasons for the moderate EBIT are the overall low sales level as well as an unfavorable product mix in the first quarter 2017. Earnings after taxes (EAT) amounted to EUR -4.6 million accordingly. The basic earnings per share (EPS) totaled EUR -0.24 (previous year: EUR -0.13).

The Free Cash Flow before any security transactions for the first quarter 2017 was EUR -3.3 million, compared to EUR -12.9 million in the previous year. Net liquidity increased year-on-year from EUR 26.9 million to EUR 28.0 million on March 31, 2017.


Outlook
Taking the high order backlog at the yearend 2016 and the expected order entry for the first half of 2017 into account, the Company reiterates the guides for sales for the fiscal year to come in between EUR 170 and 180 million. The operating result (EBIT) is expected to be in the bandwidth of EUR 13 to 17 million.

For the second quarter 2017, the management board expects an order intake between EUR 35 and 45 million.

About SUSS MicroTec
SUSS MicroTec is a leading supplier of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners SUSS MicroTec contributes to the advancement of next-generation technologies such as 3D Integration and nanoimprint lithography as well as key processes for MEMS and LED manufacturing. With a global infrastructure for applications and service SUSS MicroTec supports more than 8,000 installed systems worldwide. SUSS MicroTec is headquartered in Garching near Munich, Germany.
For more information, please visit http://www.suss.com.

Legal Disclaimer
All statements in this release other than historical facts are forward-looking statements within the meaning of U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "expect", "intend", "anticipate", "estimate", "should", "may", "will", "plan" and similar words and terms used in relation to the enterprise are meant to indicate forward-looking statements of this kind. The company accepts no obligation toward the general public to update or correct forward-looking statements. All forward-looking statements are subject to various risks and uncertainties, as a result of which actual events may diverge numerically from expectations. The forward-looking statements reflect the view at the time they were made.




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


04.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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