SÜSS MicroTec SE: Sales and EBIT margin in 2022 fiscal year forecast to exceed market expectations

SÜSS MicroTec SE: Sales and EBIT margin in 2022 fiscal year forecast to exceed market expectations

Garching, January 9, 2023 – Based on initial calculations, the Management Board of SÜSS MicroTec SE has determined that the projected sales and earnings development for the 2022 fiscal year exceeds current market expectations. In the extraordinarily strong fourth quarter of 2022, the Company delivered and received customer acceptance of more systems than expected, and expects to achieve sales of EUR 100 to 105 million. Total sales in the 2022 fiscal year are thus expected to amount to between EUR 295 and 300 million, thereby reaching a new record level. Annual sales are thus significantly higher than the current average market expectation of EUR 272 million, and also higher than the Company's most recently substantiated forecast of November 10, 2022 (lower part of the range of EUR 270 to 300 million). Based on initial calculations, Management expects the EBIT margin in the 2022 fiscal year to be in a range of 8.5% to 10% (current market expectation: 8.3%; substantiated forecast of November 10, 2022: lower end of the forecast range of 8.5% to 10.5%). Order entry in the 2022 fiscal year totaled approximately EUR 445 million.

This announcement is based on preliminary and unaudited Group figures. The complete annual financial report with final data on the Company's sales, earnings and order entry will be published on March 31, 2023.


Contact:
SÜSS MicroTec SE
Sven Koepsel
Investor Relations
Schleissheimer Strasse 90
85748 Garching, Germany
Tel.: +49 (0)89 32007-151
Email: sven.koepsel@suss.com
Publication date: Monday, January 9, 2023, 3:26:26 PM