Report
Stephane Houri

SÜSS Micro Tec AG : Good resilience in the COVID-19 crisis, full-year guidance confirmed – TP increased to € 13 vs € 10

>Q2 2020 results in line with the preliminary results - Suss MicroTec generated Q2 sales of € 71.6m, in line with the preliminary results published in July, i.e. y-o-y growth of 52.3%. As a result, H1 sales came to € 113.3m, up 20% versus H1 2019, driven mainly by: 1/ the increase in 5G investments; 2/ positive developments in all segments; 3/ strong demand for photomask equipment, mainly EUV equipment. Operating profit came to € 8.8m, in line with the preliminary fi...
Underlying
Suess Microtec AG

SUESS MicroTec SE Formerly known as Suess MicroTec AG. SUESS MicroTec SE is a Germany-based holding company (the Group) that supplies process equipment for microstructuring in the semiconductor industry. The Group operates through four segments: Lithography, Bonder, Photomask Equipment and Others. The Lithography division develops, produces and sells the mask aligner, developer, and coater product lines, as well as ultraviolet (UV) projection and laser processing product lines. The Bonder division comprises the development, production and distribution of the substrate bonder product line. The Photomask Equipment division includes the development, manufacture and sale of HMx, ASx, MaskTrack and MaskTrack Pro product lines through SUSS MicroTec Photomask Equipment GmbH & Co KG. The Others division combines further activities of the Group in the area of micro-optics and lenses and the centralized Group functions.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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