DGAP-News SUSS MicroTec publishes Quarterly Report for Q1 2021
DGAP-News: SÜSS MicroTec SE / Key word(s): Quarterly / Interim Statement
SUSS MicroTec publishes Quarterly Report for Q1 2021
- Order entry goes up further and reaches € 81.0 million after € 69.0 million in Q1 2020
- Sales increased by 26.1% to € 52.6 million
- Positive quarterly EBIT comes in at € 1.4 million after minus € 5.6 million in Q1 2020
- Free cash flow also positive at € 9.1 million after minus 8.3 million one year ago
Garching, May 12, 2021 - SUSS MicroTec SE, a leading manufacturer of systems and process solutions for the semiconductor industry and related markets, published its quarterly report for the period of January 1 to March 31, 2021, today.
Smart devices, smart homes and smart factories as well as the internet of things, increasing mobility, artificial intelligence, computer games and the whole subject of sensor technology (MEMS) are important growth trends for us. Additionally the COVID-19 pandemic has accelerated the developing megatrend towards mobile working and home office. Equipping home offices with laptops and computers, fast data connections and high-quality and secure image-, sound- and data-transmissions are important drivers of the demand for our equipment. In addition, the expansion of the production capacities for 5G-compatible electronic components is another reason for the increasing demand for our tools. This sustained trend is clearly reflected in the once again very good order entry figures for the first quarter 2021.
In the months of January to March 2021, new orders worth € 81.0 million were won (2020: € 69.0 million). The increase is mainly due to the strong demand for Lithography tools, especially for mask aligners and coaters/developers. The order backlog as of March 31, 2021 was € 148.2 million (March 31, 2020: € 120.8 million).
Sales in the first quarter reached a value of € 52.6 million, which is 26.1% above the previous year's figure (2020: € 41.7 million). The increase in sales was evident in all segments, with the exception of bonders, which showed a slight decrease in sales, but with a low overall sales volume in that quarter. The sales decrease in the bonder segment is due to a postponement of tool deliveries into the second quarter.