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SÜSS MicroTec SE

Earnings Release Nov 5, 2015

422_ip_2015-11-05_1faf8d42-2cc2-4c49-82b7-75e1831cc29d.pdf

Earnings Release

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SUSS MICROTEC – NINE MONTH FIGURES 2015

November 5, 2015

DISCLAIMER

This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec AG and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of SUSS MicroTec AG. Consequently, actual developments as well as actual earnings and performance may differ materially from those which explicitly or implicitly assumed in the forwardlooking statements. SUSS MicroTec AG does not intend or accept any obligation to publish updates of these forward-looking statements.

TABLE OF CONTENTS

  • I. Highlights Q3 2015
  • II. Financials

HIGHLIGHTS Q3 2015

  • Launch of semi-automated high-force bonder XB8 for MEMS applications
  • First high volume order for projection scanners
  • Positive order entry development in weak market environment
  • Growing market share for core coater/developer and lithography products

  • I. Highlights Q3 2015

  • II. Financials
in € million Q3 2015 Q3 2014 in % 9M 2015 9M 2014
Order Intake 39.2 29.1 34.7% 108.9 90.3
Order Backlog 9/30 -- -- -- 92.1 82.2
Revenue 38.3 25.6 49,6% 93.4 95.0
EBIT 2.2 -3.3 -- -1.7 0.1
EBIT in % of Sales 5.7% -12.9% -- -1.8% 0.1%
Earnings after tax 1.2 -2.9 -- -3.4 -0.9
EPS in € 0.06 -0.16 -- -0.18 -0.05
Free Cash Flow* 0.1 -1.7 -- -13.1 -4.1
Net Cash -- -- -- 25.5 31.8
Employees 9/30 -- -- -- 693 658

* before consideration of purchased interest-bearing securities

LONG TERM BUSINESS DEVELOPMENT BY QUARTER

EBIT, FREE CASH FLOW AND NET CASH DEVELOPMENT

* one-off effect from restructuring the product line permanent bonding

ROADMAP TARGETS

  • Grow market share for core products (coater/developer, mask aligner, bonder, photomask equipment) in all market segments
  • Focused CIP programs to increase technology differentiation and high volume manufacturing (HVM) performance (short term)
  • Achieve traction for new advanced lithography products from SUSS MicroTec Photonic Systems
  • First HVM orders for scanner products
  • Follow up HVM orders for scanner products (short term)
  • Qualification of laser products at key customers (mid term)
  • Positive EBIT contribution from Bonder Division
  • Successful re-entry in permanent bonding for MEMS applications (mid term)
  • Orders for high volume manufacturing of 3D temporary bonding applications (short term)
  • Focused product portfolio
  • Successful new adjacent market entries
    • Leverage existing technology to grow served available market (mid/long term)
  • Stabilize Company at positive EBIT and cash generation, continue revenue growth
    • Mid term sales of >200M
    • Gross Margin 30-35% short term, >35% mid term
    • EBIT margin >5% mid term, 10% long term
Outlook FY 2015: Sales: 135 -
145 €
million
EBIT:
slightly positive
Q4 2015: Order Intake: 35 -
45 €
million

SÜSS MicroTec AG Schleissheimer Str. 90 85748 Garching

www.suss.com

SHARE PRICE DEVELOPMENT AND MAJOR HOLDERS

(Price of the SUSS MicroTec Share at January 2, 2015: 4.88 € )

Average daily trading volume January – October 2015: ~ 125,000

Order Entry by Segment Order Entry by Region

Sales by Segment Sales by Region 69% 15% 10% 6% 9M 2015: 93.4 € million

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