DGAP-News: SÜSS MicroTec AG / Key word(s): Half Year Results
Publication of the Half Year Figures for 2017
- Order entry at EUR 94.4 million, up 36.2% year-over-year
- Sales in the first six months 2017 are at EUR 66.3 million
- Book-to-bill ratio at 1.4
The second quarter of 2017 was once again characterized by a positive industrial environment and well-filled order books. On July 3, 2017, shortly after the end of the quarter, SUSS MicroTec was able to report that order entry in the second quarter exceeded expectations. Between April and June 2017 new orders worth EUR 48.4 million were booked. Sales in the second quarter of 2017 amounted to EUR 43.3 million, compared to EUR 41.4 million in the same quarter of the previous year. EBIT reached a value of EUR 6.4 million, which corresponds to an EBIT margin of 14.8 percent. All segments of the company contributed to this good result. We would particularly like to take this opportunity to highlight the Bonder segment, which for the first time generated a very good overall contribution with sales of EUR 4.7 million and an EBIT of EUR 1.2 million. The EBIT of the previous year included high losses from one order in the area of UV-projection scanners. This results in earnings per share for the second quarter of 2017 of EUR 0.20 (previous year: EUR -0.03).
The Free Cash Flow before any security transactions for the first half of 2017 was EUR -5.6 million, compared to EUR -12.0 million in the previous year. Net liquidity decreased year-on-year from EUR 28.1 million in June 2016 to EUR 25.0 million in June 2017.
The high demand for SUSS MicroTec products is owed on the one hand to the general good market situation in the semiconductor industry. On the other hand, the company was able to score points with its innovative solutions, particularly with temporary bond systems and with UV projection scanners. The core area of lithography with its mask aligners and coaters / developers also recorded full order books in the first half of the year. Demand comes from the end markets of consumer electronics and communications.
For the third quarter of 2017, we again expect good order entry in the range from EUR 35 million to EUR 45 million.
About SUSS MicroTec
SUSS MicroTec AG
Senior Manager Investor Relations
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 89 32007-161
Fax: +49 (0)89 32007-451
|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, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|