Publication of the Q3 Figures for 2017

Publication of the Q3 Figures for 2017

DGAP-News: SÜSS MicroTec SE / Key word(s): 9-month figures

09.11.2017 / 08:17
The issuer is solely responsible for the content of this announcement.


Publication of the Q3 Figures for 2017

- Order entry at EUR 36.9 million in Q3 2017

- Sales came in at EUR 47.1 million

- EBIT with EUR 7.0 million above the previous year's level

- EBIT includes income from licence agreement of EUR 2.0 million

Garching, November 9, 2017 - SUSS MicroTec, leading supplier of equipment and process solutions for the semiconductor industry and related markets, published its third quarter and nine months figures for the 2017 fiscal year today.

The third quarter of 2017 was still characterized by a positive industrial environment and well-filled order books. Between July and September 2017 new orders worth EUR 36.9 million were booked (previous year: EUR 32.2 million). Order entry was within the given bandwidth. SUSS MicroTec still anticipates a strong second half of 2017, which implies a strong order entry in the months of October to December 2017. Sales in the third quarter of 2017 amounted to EUR 47.1 million, compared to EUR 39.1 million in the same quarter of the previous year. EBIT reached a value of EUR 7.0 million, which corresponds to an EBIT margin of 14.9 percent. The segments Photomask Equipment, Bonders as well as the SUSS Micro-Optics contributed to this good result. EBIT of the third quarter includes a EUR 2.0 million income from a license agreement in the segment Photomask Equipment, already announced in August 2017. The amount is accounted for under the other operating income. This results in earnings per share for the third quarter of 2017 of EUR 0.24 (previous year: EUR -0.01).

Despite the weak first quarter, revenue for the first nine months of 2017 reached EUR 113.4 million, which is 4.9% above the previous year's level of EUR 108.1 million. As a result, the order backlog amounted to EUR 117.7 million as of September 30, 2017 (September 30, 2016: EUR 110.9 million). Earnings before interest and taxes (EBIT) amounted to EUR 8.6 million, which is well above the prior-year figure of EUR 0,0 million. This good result includes the license agreement fee of EUR 2.0 million. The EBIT margin for the first nine months of 2017 is 7.6% (previous year 0.0%). Without the income from the license agreement, the EBIT-margin would have been 5.8%. Earnings after taxes (EAT) rose year-on-year to EUR 3.8 million (previous year: EUR -3.1 million). Basic earnings per share (EPS) are positive after nine months and amount to EUR 0.20 (previous year: EUR -0.17).

The Free Cash Flow before any security transactions for the first nine months of 2017 was EUR 0.7 million, compared to EUR -13.7 million in the previous year. Net liquidity increased year-on-year from EUR 26.4 million in September 2016 to EUR 30.9 million in September 2017.

Outlook
We continue to expect sales for the 2017 fiscal year in the range from EUR 170 million to EUR 180 million. Accordingly, earnings before interest and taxes (EBIT) continue to be projected in the range from EUR 15 million to EUR 19 million. For the fourth quarter of 2017, we expect strong order entry in the range of EUR 40 million to EUR 50 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.




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


09.11.2017 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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