Report
Stephane Houri

SÜSS Micro Tec AG : Manifestement plus résistant que ce que nous pensions, OC relevé à 10 €

>Opinion Neutre maintenue, OC relevé à 10 € vs 7 € - A l’occasion de la publication de son T1 20, le management a confirmé ses objectifs annuels en raison d’un niveau de commandes significatif, soit 69 M€, le plus haut niveau depuis le T4 2017. Nous réitérons notre opinion Neutre. Nous relevons toutefois notre OC à 10€ vs 7€. Les attentes du groupe devraient être soutenues par les différentes opportunités de croissance, notamment la 5G et la reprise des mémoires au S2...
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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