SÜSS MicroTec AG: Half Year Figures for 2013 Published
(firmenpresse) - (DGAP-Media / 08.08.2013 / 07:05)
Half Year Figures for 2013 Published
- Q2 Order intake reached EUR 36,7 million
- Order entry for Substrate Bonder Division increased considerably
- Net cash at EUR 19,5 million
Garching, August 8, 2013 - SUSS MicroTec published its report for the first
half of the fiscal year 2013 today. When looking at the second quarter
only, order intake reached EUR 36.7 million, which is 5% higher than in the
December quarter but 11% below the EUR 41.4 million in the corresponding
quarter 2012. Sales in the second quarter reached EUR 24.9 million after
EUR 36.3 million a year ago.
Looking at the first half year of 2013, SUSS MicroTec achieved an order
intake of EUR 71.6 million after EUR 80.4 million in the previous year.
Especially the Bonder Division with an order intake of EUR 17.2 million
contributed a much higher order entry than one year ago (H1 2012: EUR 7.2
million). Sales came in at EUR 55.0 million, which is 18.5% below the EUR
67.5 million of the previous year. Thus, order backlog amounted to 102.5
EUR million at June 30, 2013 (June 30, 2012: 107.2 EUR million).
The group's largest division - Lithography - posted a 25% decrease in sales
to EUR 37.1 million (previous year: EUR 49.2 million) during the period
under review. The Photomask Equipment division displayed revenues of EUR
9.2 million, an increase of 24% from the previous year's EUR 7.4 million.
The Substrate Bonder division contributed sales of EUR 6.6 million
(previous year: EUR 8.8 million).
The gross margin declined during the first half of 2013 and reached 12.4%
after 36.9% in 2012. The main reasons are the negative gross margin of the
Substrate Bonder segment and the low gross margin of the Lithography
Division.
Earnings before interest and tax (EBIT) came in at EUR -15.0 million
(previous year: EUR 1.5 million). The EBIT for the first half year 2013
included a one-time effect of EUR -6.0 million. This adjustment was EUR 0.8
million lower than originally expected. The one-time effect results from
the refocusing of the product line permanent bonding. The write-offs are
mainly on capitalized development costs, which originate from the years
prior to 2008, as well as on no longer needed demonstration tools and
inventories. The EBIT for the first half year 2012 included one-time
currency effects of EUR -0.4 million. These effects result from the
settlement of company-internal foreign currency credits by SÜSS MicroTec AG
against SUSS MicroTec Inc. in connection with the acquisition of Tamarack
in March 2012. Adjusted EBIT for the first six months of the year 2013
amounted to minus EUR 9.0 million (previous year: EUR 1.9 million).
Earnings after taxes (EAT) for continued operations amounted to EUR -11.6
million, compared to EUR 0.4 million in the previous year. Earnings after
taxes for the continued and discontinued operations amounted to EUR -11.6
million (prior year: EUR 1.9 million). The 2012 numbers include a tax free
gain of EUR 1.5 million resulting from the sale of the Test Business in
2010. The basic earnings per share (EPS) for the continued and discontinued
operations totaled EUR -0.61 (previous year: EUR 0.10).
The Operating Cash Flow amounted to EUR -10.6 million after EUR -4.5
million in 2012. The Free Cash Flow for the first half year 2013, before
the effects of M&A activities and the purchase or sale of interest bearing
securities, amounted to EUR -12.4 (previous year: EUR -7.1 million). Cash
and interest bearing securities amounted to EUR 23.5 million at the end of
the first half year (June 30, 2012: EUR 43.9 million). Net liquidity
amounted to EUR 19.5 million, which is below the EUR 32.3 million at
December 31, 2012 (June 30, 2012: EUR 30.1 million).
Outlook
Due to the moderate macroeconomic outlook and the current order backlog,
the company reiterates its sales guidance for the fiscal year 2013 and
expects sales of approximately EUR 150 million, with a negative EBIT in the
range of minus 10 to minus 15 million EUR.
For the third quarter of the fiscal year 2013 the company expects an order
intake of EUR 30 - 40 million.
About SUSS MicroTec
SUSS MicroTec (listed on TecDAX of Deutsche Börse AG) is a leading supplier
of equipment and process solutions for microstructuring in the
semiconductor industry and related markets. In close cooperation with
research institutes and industry partners SUSS MicroTec contributes to the
advancement of next-generation technologies such as 3D Integration and
nanoimprint lithography as well as key processes for MEMS and LED
manufacturing. With a global infrastructure for applications and service
SUSS MicroTec supports more than 8,000 installed systems worldwide. SUSS
MicroTec is headquartered in Garching near Munich, Germany. For more
information, please visit http://www.suss.com.
Disclaimer
All statements in this release other than historical facts are
forward-looking statements within the meaning of U.S. Private Securities
Litigation Reform Act of 1995. Words such as 'believe', 'expect', 'intend',
'anticipate', 'estimate', 'should', 'may', 'will', 'plan' and similar words
and terms used in relation to the enterprise are meant to indicate
forward-looking statements of this kind. The company accepts no obligation
toward the general public to update or correct forward-looking statements.
All forward-looking statements are subject to various risks and
uncertainties, as a result of which actual events may diverge numerically
from expectations. The forward-looking statements reflect the view at the
time they were made.
Contact:
SUSS MicroTec AG
Franka Schielke
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: franka.schielke(at)suss.com
End of Media Release
---------------------------------------------------------------------
Issuer: SÜSS MicroTec AG
Key word(s): Enterprise
08.08.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
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: ir(at)suss.com
Internet: www.suss.com
ISIN: DE000A1K0235
WKN: A1K023
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP-Media
---------------------------------------------------------------------
224801 08.08.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 08.08.2013 - 07:05 Uhr
Sprache: Deutsch
News-ID 285805
Anzahl Zeichen: 17713
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 209 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SÜSS MicroTec AG: Half Year Figures for 2013 Published"
steht unter der journalistisch-redaktionellen Verantwortung von
SÜSS MicroTec AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
