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SÜSS MicroTec SE — Earnings Release 2018
May 3, 2018
422_ip_2018-05-03_ed312c84-db67-47d1-a319-97a7dc47da79.pdf
Earnings Release
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SUSS MICROTEC – Q1 RESULTS 2018
MAY 3, 2018
HIGHLIGHTS Q1 2018
- Market environment remains strong
- Good order entry in Q1 2018 – in line with company expectations
- Revenue recognition for postponements from Q4 2017 has taken place in Q1 2018
- Order entry and sales include temporary bonding systems
- Revenue recognition for one UV-projection scanner (evaluation tool)
KEY GROUP FIGURES Q1 2018
| delta Q1 2018/ | |||||
|---|---|---|---|---|---|
| in € million | Q1 2018 | Q1 2017 | Q1 2017 | 2017 | 2016 |
| Order Intake | 38.6 | 46.0 | -16.1% | 200.3 | 161.1 |
| Order Backlog 3/31 | 128.8 | 124.5 | +3.5% | -- | -- |
| Revenue | 43.1 | 23.0 | +87.4% | 166.5 | 177.6 |
| EBIT | 0.8 | -4.8 | -- | 13.9 | 11.1 |
| EBIT in % of Sales | 1.9% | -20.9% | -- | 8.3% | 6.3% |
| Earnings after tax | 0.0 | -4.6 | -- | 6.7 | 5.0 |
| EPS in € | 0.0 | -0.24 | -- | 0.35 | 0.26 |
| Free Cash Flow* | -13.7 | -3.3 | -- | 2.9 | -9.1 |
| Net Cash | 19.2 | 28.0 | -31.4% | 33.0 | 31.1 |
| Employees 3/31 | 810 | 710 | +14.1% | -- | -- |
*before consideration of transactions with interest-bearing securities
SEGMENTS, ORDER ENTRY, SALES AND EBIT Q1 2018
SUSS MicroTec Investor Presentation 4
LONG TERM BUSINESS DEVELOPMENT BY QUARTER
38.6 Order Entry in € million
EBIT in € million
OUTLOOK
- Gartner expects the semiconductor market to grow by 7.5% in 2018 after 22.2% in 2017
- This would mark a new record sales level of USD 451 billion for the semiconductor industry in 2018
- Market growth is driven by automotive and industrial applications as well as memory chips and the internet of things
- Semi expects a market growth of +7.5 % in the semiconductor-equipment industry in 2018 after 35.6% in 2017
- Wafer fab equipment incl. Wafer-level packaging grew by +17.9% in 2017 (according to Gartner)
- Yole expects the MEMS-market to grow by +16.7% (CAGR) from 2016 to 2022 (unit growth)
| | FY 2018: | Sales € 195 - 205 million EBIT-margin 8.5% - 10.0% |
|---|---|---|
| | Q2 + Q3 2018: | Order entry above prior year (Q2+Q3 2017: appr. € 85 million) |
LONG TERM SALES DEVELOPMENT IN MIO. €
Average sales level 1999 – 2017: appr. € 150 million
This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec SE 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 SE. 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 SE does not intend or accept any obligation to publish updates of these forward-looking statements.
SÜSS MicroTec SE Schleissheimer Str. 90 85748 Garching
www.suss.com