Ad-hoc | 19 May 2000 07:38
Ad hoc-Service: Süss MicroTec AG
Englisch
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Süss MicroTec significantly reduces first quarter loss
Munich, 18 May – Due to strong business development and
favorable currency influences, Süss Micro Tec. Group
successfully reduced it’s first quarter loss 2000. The earnings
after tax were improved to (1.4) Mio. DM, compared to (2.7)
Mio. DM in the same period of the previous year. The earnings
before taxes were increased by more than 50% to (1.5) / (4.1)
Mio. DM.
As a result of customer capital expenditure behavior. Süss
usually receives the majority of annual revenues in the second
half of the year. Part of the costs in preparation of third and
fourth quarter deliveries are taken in the first quarter. This
will normally result in a first quarter loss.
Contact:
Ariane Meynert
Süss MicroTec AG
Investor Relations
Schleißheimer Str. 90
85748 Garching
email: meynert@suss.de
Tel. +49 (0) 89 32007 314
Fax +49 (0) 89 32007 236
Ende der Mitteilung