SÜSS MicroTec SE

Earnings Release • Oct 14, 2004

News Details

Ad-hoc | 14 October 2004 14:44

SUSS MicroTec: Third quarter with expected positive development

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SUSS MicroTec: Third quarter with expected positive development · Order Entry in Q3 about EUR 32 million; solid request for Production Tools · Net Sales increased in Q3 to about EUR 31 million · Measures to reduce the Group Break-Even Level commenced Munich, October 14, 2004 – In the third quarter, Net Sales could be further increased. Net Sales amounted about EUR 31 million and therefore outperformed the previous quarter (EUR 26.6 million) by approx. 16% and the prior year’s quarter (EUR 21.4 million) by approx. 45%. Also the Order Entry figure again exceeded EUR 30 million. In the 3rd quarter, new Orders totaling approx. EUR 32 million were booked, a 22% increase compared with the related quarter of the previous year (EUR 26.1 million). With the achieved Order Entry and Sales numbers in the third quarter, the operating business remains consistent with the full-year guidance of revenues between EUR 115 million and EUR 120 million. The final results for the third quarter will be published November 9 2004, after stock market closed. As already announced, the Group Break-Even based on EBIT should be reduced from currently EUR 120 million Sales to about EUR 100 million Sales. In this regard the Board intends to shutdown the Asslar facility near Frankfurt/Main and the integration of the production into the facility at Garching/Munich. Negotiations with the works council will start immediately. In total annual cost savings of EUR 4 million are expected to derive from this measure, with EUR 2.5 million being related to saved personnel expenses. Contact: SUSS MicroTec AG Barbara von Frankenberg Investor Relations Tel.: +49 (0) 89 / 320 07-314 Fax: +49 (0) 89/ 320 07-450 E-Mail: b.frankenberg@suss.de end of ad-hoc-announcement (c)DGAP 14.10.2004 ——————————————————————————– WKN: 722670; ISIN: DE0007226706; Index: TecDAX, NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 141444 Okt 04