Süss MicroTec AG / Quarter Results 06.05.2010 07:40 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- SUSS MicroTec AG Publishes Figures for First Quarter of 2010 - Order Entry of EUR 32.3 Million Approximately 103% Higher Than in Previous Year (Q1 2009: EUR 15.9 Million) - Order Backlog as of March 31, 2010 Increased by 27% to EUR 75.4 Million (03/31/2009: EUR 59.2 Million) - Annual Forecast Raised Garching near Munich, Germany, May 6, 2010 - SUSS MicroTec AG (business address: Schleissheimer Strasse 90, 85748 Garching, Germany; ISIN: DE0007226706), which is listed in the Prime Standard of Deutsche Börse AG, published its figures for the first quarter of the 2010 fiscal year today. The order entry of EUR 32.3 million in the first three months (Q1 2009: EUR 15.9 million; +103.1%) particularly reflected the increased confidence of Asian production clients to invest in equipment, sales of EUR 21.9 million in the first quarter were at a similar level to the corresponding quarter of the previous year (Q1 2009: EUR 22.5 million). The observed sales development in the months from January to March was primarily influenced by the extraordinarily strong sales generation in the fourth quarter and machine delivery delays in the Substrate Bonder area. The order backlog as of March 31, 2010 rose by 27.4% compared with a year earlier to EUR 75.4 million (March 31, 2009: EUR 59.2 million). Earnings before interest and taxes (EBIT) of EUR -0.1 million were slightly negative, but significantly improved from the EUR -0.8 million in the previous year. Operating income includes a gain of bargain purchase of EUR 1.4 million, which was determined based on the purchase price allocation for HamaTech APE during its initial consolidation. Earnings after taxes (EAT) amounted to EUR -1.1 million, compared with EUR -1.1 million in the corresponding quarter of the previous year. The basic earnings per share (EPS) therefore totaled EUR -0.06 (Q1 2009: EUR -0.06). The free cash flow before consideration of securities and extraordinary effects from M&A activities as of the end of the quarter came to EUR -1.3 million after EUR 1.9 million in the corresponding period of the previous year. As of March 31, 2010, SUSS MicroTec Group therefore had cash and interest-bearing securities of EUR 22.8 million (March 31, 2009: EUR 24.4 million). As a result of the HamaTech acquisition, the net cash position declined in comparison to the end of the 2009 fiscal year from EUR 18.4 million to EUR 11.0 million as of the end of the quarter (March 31, 2009: EUR 11.6 million). As of April 30, 2010, net cash totaled EUR 16.9 million. Outlook The forecast for the current fiscal year is being raised slightly. The Company is currently assuming that in the 2010 fiscal year it will achieve sales of over EUR 120 million as well as an improved EBIT compared to the previous year and a positive free cash flow (before completed M&A transactions are taken into account). End of the ad hoc announcement 06.05.2010 07:40 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Süss MicroTec AG Schleissheimer Strasse 90 85748 Garching b. München Deutschland Phone: +49 (0)89 32007-161 Fax: +49 (0)89 32007-336 E-mail: ir@suss.com Internet: www.suss.com ISIN: DE0007226706 WKN: 722670 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Süss MicroTec AG Publishes Figures for First Quarter of 2010
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