Publication of the Q1 Figures for 2017
Publication of the Q1 Figures for 2017
- Order entry at EUR 46.0 million, up 52.8% year-over-year
- Sales in Q1 2017 are at EUR 23.0 million
- Book-to-bill ratio at 2.0
Garching, May 4, 2017 - SUSS MicroTec, a leading supplier of equipment and process solutions for the semiconductor industry and related markets, published its quarterly report for the 2017 fiscal year today.
The Company generated sales of EUR 23.0 million (previous year: EUR 27.6 million) in the first quarter 2017 and booked an order entry of EUR 46.0 million (previous year: EUR 30.1 million). The order backlog amounted to EUR 124.5 million (03/31/2016: EUR 118.8 million).
Earnings before interest and tax (EBIT) came in at EUR -4.8 million (previous year: EUR -2.0 million). The EBIT-Margin for Q1 2017 reached -20.9% (previous year: -7.2%). Main reasons for the moderate EBIT are the overall low sales level as well as an unfavorable product mix in the first quarter 2017. Earnings after taxes (EAT) amounted to EUR -4.6 million accordingly. The basic earnings per share (EPS) totaled EUR -0.24 (previous year: EUR -0.13).
The Free Cash Flow before any security transactions for the first quarter 2017 was EUR -3.3 million, compared to EUR -12.9 million in the previous year. Net liquidity increased year-on-year from EUR 26.9 million to EUR 28.0 million on March 31, 2017.
Outlook Taking the high order backlog at the yearend 2016 and the expected order entry for the first half of 2017 into account, the Company reiterates the guides for sales for the fiscal year to come in between EUR 170 and 180 million. The operating result (EBIT) is expected to be in the bandwidth of EUR 13 to 17 million.
For the second quarter 2017, the management board expects an order intake between EUR 35 and 45 million.
About SUSS MicroTec SUSS MicroTec is a leading supplier of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners SUSS MicroTec contributes to the advancement of next-generation technologies such as 3D Integration and nanoimprint lithography as well as key processes for MEMS and LED manufacturing. With a global infrastructure for applications and service SUSS MicroTec supports more than 8,000 installed systems worldwide. SUSS MicroTec is headquartered in Garching near Munich, Germany. For more information, please visit http://www.suss.com.
Legal Disclaimer All statements in this release other than historical facts are forward-looking statements within the meaning of U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "expect", "intend", "anticipate", "estimate", "should", "may", "will", "plan" and similar words and terms used in relation to the enterprise are meant to indicate forward-looking statements of this kind. The company accepts no obligation toward the general public to update or correct forward-looking statements. All forward-looking statements are subject to various risks and uncertainties, as a result of which actual events may diverge numerically from expectations. The forward-looking statements reflect the view at the time they were made.Contact: SUSS MicroTec AG Franka Schielke Senior Manager Investor Relations Schleissheimer Strasse 90 85748 Garching, Deutschland email@example.com Tel.: +49 (0)89 32007-161 Fax: +49 (0)89 32007-451 Email: firstname.lastname@example.org
04.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: SÜSS MicroTec AG Schleissheimer Strasse 90 85748 Garching
Germany Phone: +49 (0)89 32007-161 Fax: +49 (0)89 32007-451 E-mail: email@example.com Internet: www.suss.com ISIN: DE000A1K0235 WKN: A1K023 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service