Ad-hoc | 29 October 2007 14:10
Süss MicroTec AG / Profit Warning/Preliminary Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
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SUSS MicroTec AG Reduces Sales and Profit Forecast for 2007
- EUR 140 Million in Sales and EUR 6–7 Million EBIT Anticipated for
Current Fiscal Year
- Q3 Order Entry EUR 31.3 Million, Sales EUR 22.3 Million
- Q3 EBIT Clearly Negative at EUR -4.9 Million
- High Order Entry in October
Munich, Germany, October 29, 2007 – In the 2007 fiscal year, the SUSS
MicroTec Group (ISIN DE0007226706) will fall short of the figures forecast
at the beginning of the year – EUR 155 million in sales and a 10% EBIT
margin. Due to delays in the final acceptance of delivered machinery, sales
of only EUR 140 million and an operating result of EUR 6–7 million are
anticipated. This adjustment is a result of poorer than expected interim
key performance figures for the third quarter on one hand and significantly
reduced expectations for the fourth quarter on the other.
Sales between July and September only totaled EUR 22.3 million. Earnings
before interest and taxes (EBIT) were clearly negative at EUR -4.9 million.
Order entry amounted to EUR 31.3 million, taking the order backlog as of
September 30 to EUR 72.0 million. Sales for the first nine months were EUR
98.7 million and EBIT was EUR 1.3 million.
However, new business seems to have picked up considerably in the fourth
quarter. The main indicator is the high order entry in October, totaling
approximately EUR 20 million to date. SUSS MicroTec expects new orders to
amount to at least EUR 40 million in the final quarter.
These figures are interim and subject to change. Final figures for the
third quarter and the nine-month report will be published on November 6.
For more information please contact:
SUSS MicroTec AG, Investor Relations, Dr. Guenter Kast
Phone: +49 89 3200 7454, Fax: +49 89 3200 7336, Email:
guenter.kast@suss.com
Contact:
Dr. Guenter Kast
Head of Investor Relations and Corportate Communications
Tel.: +49 (0)89 32007-454, email: guenter.kast@suss.com
29.10.2007 Financial News transmitted by DGAP
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Language: English
Issuer: Süss MicroTec AG
Schleissheimer Strasse 90
85748 Garching b. München
Deutschland
Phone: +49 (0)89 32007-454
Fax: +49 (0)89 32007-450
E-mail: ir@suss.de
Internet: www.suss.de
ISIN: DE0007226706
WKN: 722670
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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