Report
Stephane Houri

SÜSS Micro Tec AG : Warning on 2019 operating margin, but a sharp upturn in orders which renews visibility on a stock showing a significant lag this year

>Warning on 2019 operating margin due to a loss in Q3, but the sharp upswing in orders points to the upper end of the revenue range - Ahead of the Q3 2019 earnings release (due on Wednesday 6 November before trading), Süss MicroTec has issued a warning on its margin, but also announced a very sharp upturn in orders: 1/ Q3 2019 revenues of € 37.1m, down 3.9% y-o-y, with operating profit expected to be in negative territory (no details on the scale of the loss in the qu...
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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