SÜSS MicroTec SE

Earnings Release • Mar 8, 2000

News Details

Ad-hoc | 8 March 2000 09:43

Ad hoc-Service: Süss MicroTec AG

Ad hoc-announcement edited and sent by DGAP. The sender is responsible for the contents of this announcement. —————————————————————————— Munich, 8 March – Süss MicroTec AG will probably not quite meet the analysts’ result expectations for 1999. From the first provisional results it looks as though the planned targets in the fourth quarter were exceeded and so the accumulated losses of the first three quarters were balanced out. Measures were taken in expectation of strong market growth in order to manage this further expansion. This resulted in 1999 in clearly increased personnel and business costs, and led to the fact that the result for the full year only showed a slight improvement in comparison with the previous year. Exact details will be made available after the audit – completion is planned for 12 April. For the year 2000 it is to be expected that the measures that have been introduced will pay off. The Board calculates, therefore, not only that there will be a further increase in turnover, but also that there will be a considerable increase in the result Already in November and December 1999, and also in January 2000, Süss has recorded an exceptionally high order- intake. In February the order growth should have accelerated yet again (exact numbers will be available in a few days). Contact: Ariane Meynert Süss MicroTec AG Investor Relations Tel.: 089 32007 314 Email: meynert@suss.de End of Message