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SÜSS MicroTec SE — Earnings Release 2017
May 4, 2017
422_ip_2017-05-04_fba10ab7-add0-4cc6-b6f4-3db0a1ddf382.pdf
Earnings Release
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SUSS MICROTEC – Q1 RESULTS 2017
MAY 4, 2017
LATEST NEWS
- CFO Michael Knopp left SUSS MicroTec after ten years of service
- Strong order entry in Q4 2016 and again in Q1 2017
- Market forecasts and peer group announcements are optimistic
- Increased full year guidance 2017
- Important product launch in Q1 2017: automated bond cluster XBS300
- Strategic cooperation with Kanematsu, Japan
| in € million | Q1 2017 | Q1 2016 | in % | 2016 | 2015 | in % |
|---|---|---|---|---|---|---|
| Order Intake | 46.0 | 30.1 | +52.8% | 161.1 | 188.6 | -14.6% |
| Order Backlog 03/31 | 124.5 | 118.8 | +4.8% | 101.5 | 117.6 | -13.7% |
| Revenue | 23.0 | 27.6 | -16.7% | 177.6 | 148.5 | 19.6% |
| EBIT | -4.8 | -2.0 | -- | 11.1 | 5.0 | >100% |
| EBIT in % of Sales | -20.9% | -7.2% | _-13.6%pt | 6.3% | 3.4% | 2.9%pt |
| Earnings after tax | -4.6 | -2.5 | -- | 5.0 | 0.2 | >100% |
| EPS in € | -0.24 | -0.13 | -- | 0.26 | 0.01 | >100% |
| Free Cash Flow* | -3.3 | -12.9 | -- | -9.1 | 1.3 | -- |
| Net Cash | 28.0 | 26.9 | +4.1% | 31.1 | 40.0 | -22.3% |
| Employees 03/31 | 710 | 708 | +0.3% | 711 | 698 | 1.9% |
*before consideration of transactions with interest-bearing securities
* Including Others
LONG TERM BUSINESS DEVELOPMENT BY QUARTER
EBIT, FREE CASH FLOW AND NET CASH DEVELOPMENT
OUTLOOK
Market Outlook Gartner increased its estimates regarding growth in the semiconductor business in 2017 from +7.2% to +12.3% This would mark a new record level of 386 bn \$ (2016: 339.7 bn \$) Market growth will be driven by automotive and industrial applications, the memory segment and the Internet of Things Semi still expects the semiconductor equipment market to grow by +9.2% in 2017 Wafer-level-packaging and assembly equipment market is expected to grow by 10.7% in 2017 after 3.9% in 2016 (Gartner) Yole expects MEMS-market CAGR 2015 – 2021 of 13% (unit growth)
| SUSS MicroTec |
| FY 2017: | Sales € 170 – 180 million EBIT € 13 – 17 million |
|---|---|---|---|
| Outlook | | Q2 2017: | Order entry € 35 - 45 million |
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 forward-looking statements. SUSS MicroTec AG does not intend or accept any obligation to publish updates of these forward-looking statements.
SÜSS MicroTec AG Schleissheimer Str. 90 85748 Garching
www.suss.com