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EQS-News: SUSS MicroTec SE
/ Key word(s): Annual Report/Forecast
Garching, Germany, March 27, 2025 – SUSS, a leading manufacturer of equipment and process solutions for the semiconductor industry, today publishes its 2024 Annual Report and also announces its guidance for the 2025 financial year. “SUSS is set to remain a growth company in 2025,” says Burkhardt Frick, CEO of SUSS, looking ahead to the 2025 financial year. “We are confident that we can increase sales to a level between € 470 million and € 510 million this year.” At the midpoint of this range, this would represent sales growth of around 10% compared to the previous year's figure of € 446.1 million. The basis for the targeted growth is the solid order book of € 428.4 million as of December 31, 2024, the majority of which is to be executed in 2025. “Our recently increased production capacity, especially for Advanced Backend Solutions, is not yet fully utilized,” adds Dr. Thomas Rohe, COO of SUSS. “We will therefore be able to process further orders that we receive in the first half of 2025 in the same year.” While sales growth in the Advanced Backend Solutions segment is expected to be in the mid-single-digit percentage range compared to the previous year, SUSS is aiming for sales growth of 10 to 20% in the Photomask Solutions segment. With the outlook for the financial year 2025, the positive development of 2024 is set to continue. In the past financial year, Group sales reached a new high of € 446.1 million and increased by 46.6% compared to the previous year. Both segments contributed to the Group's sales increase with growth rates of 46.6% (Advanced Backend Solutions) and 46.5% (Photomask Solutions). In the Advanced Backend Solutions segment, the execution of numerous orders for temporary bonders and debonders used in the production of high-bandwidth memory and AI chip modules was the main driver. As a result, the bonder business more than tripled year-on-year. The positive development in the Photomask Solutions segment benefited from continued high demand from Asia. SUSS expects the gross profit margin, which improved significantly from 34.1% to 40.0% in 2024 due to a favourable product and customer mix and the very high business volume, to stabilize in the 2025 financial year. “As we expect an increase in sales with a product and customer mix comparable to 2024, but also anticipate one-off expenses as a result of the preparations for and relocation to our new production site in Taiwan, we expect the gross profit margin for the 2025 financial year to be in the range of 39 to 41%,” says Dr. Cornelia Ballwiesser, CFO of SUSS. EBIT will benefit from the volume-driven increase in gross profit in the 2025 financial year. Dr. Cornelia Ballwiesser: "At the same time, however, our growth transformation is now having a greater impact, which is why we expect an increase in administrative costs, particularly due to various IT and digitalization projects." Overall, SUSS expects an EBIT margin in the range of 15 to 17% for the financial year 2025. In 2024, the EBIT margin reached a record level of 16.8% due to the higher gross profit and the relatively lower increases in selling and administrative expenses, as well as research and development spending. Overall, SUSS generated net profit of € 110.3 million in the 2024 financial year, of which € 52.1 million came from continuing operations and € 58.3 million from the sale of the MicroOptics business. In the previous year, net profit amounted to € 4.7 million. Free cash flow from continuing operations, i.e. excluding the sale of MicroOptics, increased notably to € 25.3 million (previous year: € 7.9 million). Based on the excellent financial year 2024, the Management Board and Supervisory Board will propose to the Annual General Meeting on June 3, 2025 a dividend increase of 50% to € 0.30 per share. The 2024 Annual Report is available for download in German and English at in the “Investor Relations” section.
About SUSS Legal Disclaimer
27.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | SUSS MicroTec SE |
| Schleissheimer Strasse 90 | |
| 85748 Garching | |
| Germany | |
| Phone: | +49 (0)89 32007-151 |
| Fax: | +49 (0)89 4444 33420 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000A1K0235 |
| WKN: | A1K023 |
| Indices: | SDAX, TecDax |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2107064 |
| End of News | EQS News Service |
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2107064 27.03.2025 CET/CEST
