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DGAP-News: SÜSS MicroTec SE / Key word(s): Quarterly / Interim Statement
Garching, November 11, 2021 - SUSS MicroTec SE, a leading manufacturer of systems and process solutions for the semiconductor industry and related markets, has published its quarterly report for the first nine months of the 2021 financial year.
In the third quarter, and for the first time in the company's history, SUSS MicroTec has recorded order entry of more than € 100 million in one quarter. At € 101.0 million, incoming orders for the quarter were up 129.0 percent above the prior year figure of € 44.1 million. All four segments of the company have contributed to this significant increase in order entry, with the Bonder segment recording the largest relative increase.
The third quarter was also stronger in terms of both sales and earnings than the two first quarters of the year. "It is encouraging that we could realize these increases within an economic environment that is affected by the ongoing economic impact of the COVID-19 pandemic as well as by a number of supply chain challenges," commented CEO Goetz M. Bendele, adding, "We owe this to the commitment and dedication of our colleagues."
In the first nine months of the current fiscal year, revenue was € 188.5 million, 8.4% higher than in the previous year. From this, SUSS MicroTec has generated earnings before interest and taxes (EBIT) of € 17.7 million, well above the prior year figure of € 12.2 million. This corresponds to an EBIT margin of 9.4% after 7.0% in the same period last year. Earnings after taxes (EAT) in the first nine of the year also increased from € 4.9 million last year to € 12.1 million. As of September 30, 2021, SUSS' net cash position of € 19.8 million is similar to the one at the beginning of the year (December 31, 2020: € 20.3 million). Along with the high order entry, the order backlog has increased further to € 185.4 million as of September 30, 2021.
"We are glad that both growth and profitability of the company continue their positive development," said CFO Oliver Albrecht.
11.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
SÜSS MicroTec SE
Schleissheimer Strasse 90
+49 (0)89 32007-161
+49 (0)89 4444 33420
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
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