SÜSS MicroTec SE

Earnings Release • Oct 5, 2001

News Details

Ad-hoc | 5 October 2001 20:55

Süss Micro Tec AG english

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SÜSS MicroTec reiterates plan figures for 2001 – Sales rose by 27% to approximately EUR 48.5 million compared to same quarter of previous year – Incoming orders in September weaker than expected Munich, October 5, 2001. SÜSS MicroTec AG, one of the leading producers of processing and testing devices for microelectronics worldwide, is publishing preliminary figures for the 3rd quarter of the 2001 financial year. According to these figures the company is generating excellent sales despite the current economic weakness in the semi-conductor industry and has confirmed the figures announced for the 2001 financial year (sales EUR 210 million, EAT (earnings after tax) EUR 16 million). In Q3, net sales rose by 27% to approximately EUR 48.5 million over EUR 38.2 million during the same period of the previous year. Thus sales during the first nine months of the financial year attained a volume of EUR 151 million. This corresponds to a plus of EUR 56.3 million (59%) over the previous year’s period. At about EUR 28 million, incoming orders in the 3rd quarter of the financial year were lower by 32% than in the previous quarter (EUR 41 million). This figure already includes cancelled orders of a volume of EUR 2.3 million. Order entry reached EUR 124,5 million within the first nine months of the current financial year. That is 22% less than during the same period of the previous year (EUR 160 million). Order backlog amounted to EUR 90 million at the end of the third quarter. According to company observations, the downturn in orders in Q3 is caused by the weak economy worldwide and the situation in the semi-conductor industry. In addition, due to the tragic events in the USA there is a decline of orders particularly in September, traditionally the strongest month in the third quarter. This does not result in any changes of market shares in relation to competitors. The company does not expect major changes for Q4 on the grounds of the economic and political situation. Therefore the limited visibility with regard to incoming orders will continue short-term. Medium-term, however, SÜSS MicroTec is expecting an increase in orders as the semi-conductor industry is counting on SÜSS technologies for their investment decisions with respect to the next upswing. Contact: Barbara v. Jan, Investor Relations, +49 (0)89-32007314; b.jan@suss.de end of ad-hoc-announcement (c)DGAP 05.10.2001 ——————————————————————————– WKN: 722670; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 052055 Okt 01