21.03.2017
SÜSS MicroTec AG DE000A1K0235
DGAP-Adhoc: SÜSS MicroTec AG: Order Entry Expectation for Q1 2017 Increased to now EUR 35 million to EUR 45 million; Sales and EBIT in Q1 2017 are Expected to be Below the Previous Year's Level
DGAP-Ad-hoc: SÜSS MicroTec AG / Key word(s): Incoming Orders/Development of
Sales
SÜSS MicroTec AG: Order Entry Expectation for Q1 2017 Increased to now EUR
35 million to EUR 45 million; Sales and EBIT in Q1 2017 are Expected to be
Below the Previous Year's Level
21-March-2017 / 18:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Disclosure of an inside information acc. to Article 17 MAR
Order Entry Expectation for Q1 2017 Increased to now EUR 35 million to EUR
45 million; Sales and EBIT in Q1 2017 are Expected to be Below the Previous
Year's Level
Garching, March 21, 2017 - In a board meeting, the Management Board of SUSS
MicroTec AG discussed, among other things, the order entry for the
individual divisions today. After a detailed examination and discussion of
the figures, the Management Board hereby announces its current expectations
for the order entry in the first quarter 2017. Order entry in the first
quarter of 2017 is expected to exceed the previous guidance of EUR 25
million to EUR 35 million, given on February 10, 2017. At this point of
time, the Company expects that order entry in the first quarter of 2017 will
range between EUR 35 million and EUR 45 million. The reason for the
increased expectations is a generally more lively order behavior of the
customers than originally expected for the first quarter of 2017.
After a fourth quarter 2017 with a record sales level of EUR 69.5 million,
the Company expects a noticeable decline in sales in the first quarter 2017.
Sales in the first quarter 2017 with most likely be around EUR 20 million
(previous year: EUR 27.6 million). The lower sales level in the first
quarter 2017 will have a negative impact on EBIT (earnings before interest
and tax) in the first quarter 2017. At this point of time, the Company
expects an EBIT below the previous year's level.
For the current fiscal year, the Company so far guided sales to be in the
range of EUR 160 million to EUR 170 million and an EBIT to be in the range
of EUR 9 million to EUR 13 million. At this point of time, the Company
expects the increased order entry in the first quarter 2017 to have a
positive impact on sales and EBIT for the full fiscal year 2017.
Contact:
SUSS MicroTec AG
Franka Schielke
Senior Manager Investor Relations
Schleissheimer Strasse 90
85748 Garching, Deutschland
[email protected]
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: [email protected]
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Language: English
Company: SÜSS MicroTec AG
Schleissheimer Strasse 90
85748 Garching
Germany
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
E-mail: [email protected]
Internet: www.suss.com
ISIN: DE000A1K0235
WKN: A1K023
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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556635 21-March-2017 CET/CEST
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