|
DGAP-News: SÃœSS MicroTec SE
/ Key word(s): Half Year Results
SUSS MicroTec SE: Half-year figures published for period from 1 January until 30 June 2020
Garching, August 6, 2020 -SUSS MicroTec SE, a leading supplier of equipment and process solutions for the semiconductor industry and related markets, published its results for the first six months of the 2020 fiscal year. Earnings before interest and taxes (EBIT) amounted to €3.2 million and were thus significantly higher than the previous year's figure of -€0.8 million. This results in an EBIT margin for the first half of 2020 of Free cash flow improved significantly to €17.2 million at the end of the first half of 2020, compared with The semiconductor market has proven so far to be comparatively robust against the negative effects of the Covid-19 pandemic. SUSS MicroTec was able to benefit from increased investment in the introduction of the 5G mobile technology, among other things, and generated an excellent order entry of €93.6 million in the second quarter (previous year: €45.0 million). All segments contributed to this positive development. Revenues in the second quarter rose by €24.6 million year-on-year to €71.6 million. At €8.8 million (previous year: -€2.9 million), EBIT shows a positive margin of 12.3%. The Photomask Equipment segment, which is currently experiencing strong demand for cleaning equipment for EUVL applications, is the main contributor to this. Outlook Following the very strong order intake in the second quarter, which was characterized by some customer orders being brought forward, we expect a certain normalization in order intake for the rest of the year. We anticipate that total order intake in the third and fourth quarters of 2020 will exceed €90 million. The global measures to contain the COVID 19 pandemic are hindering our ability to make estimates for the current year. Provided that the course of the pandemic and its consequences do not have a negative impact on our company, we expect business to continue to develop positively in the second half of 2020 and therefore confirm the increased sales and earnings forecast we communicated on July 24, 2020. We expect sales in the range of €240 million to €260 million. The EBIT margin should also improve slightly to a range between 3% and 5%. Legal Disclaimer Sabine Radeboldt Investor Relations Schleissheimer Strasse 90 85748 Garching, Deutschland Tel.: +49 (0)89 32007-161 Fax: +49 (0)89 32007-451 Email:
06.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | SÃœSS MicroTec SE |
| Schleissheimer Strasse 90 | |
| 85748 Garching | |
| Germany | |
| Phone: | +49 (0)89 32007-161 |
| Fax: | +49 (0)89 32007-451 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000A1K0235 |
| WKN: | A1K023 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1111257 |
| Â | |
| End of News | DGAP News Service |
|
|
1111257Â Â 06.08.2020Â
