EQS-News

SUSS MicroTec expects sales to increase to € 340-370 million and gross profit margin and EBIT margin to improve in fiscal year 2024

EQS-News: SÜSS MicroTec SE / Key word(s): Annual Report SUSS MicroTec expects sales to increase to € 340-370 million and gross profit margin and EBIT margin to improve in fiscal year 2024 27.03.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Garching, March 27, 2024 – SÜSS MicroTec SE, a leading manufacturer of system and process solutions for the semiconductor industry, today publishes its Annual Report 2023 with final, audited financial figures for the past fiscal year. The preliminary and unaudited key figures for the fiscal year 2023 announced on February 29, 2024 are confirmed without exception.

Order intake based on continuing operations, i.e. excluding the sold MicroOptics business, reached a record level of € 420.5 million (previous year: € 411.0 million). At € 296.4 million (previous year: € 279.7 million), the Advanced Backend Solutions division accounted for the largest share of new business. The biggest growth driver was the bonder business, which more than doubled its order intake to € 156.8 million (previous year: € 76.6 million). This strong order momentum was driven by capacity expansions for the production of microchips used in Artificial Intelligence (AI) applications. Order intake for lithography solutions decreased significantly to € 139.6 million (previous year: € 203.0 million), triggered by more cautious investment behavior of chip manufacturers in the current semiconductor industry cycle. Order intake in the Photomask Solutions division reached a strong level of € 124.1 million in fiscal year 2023, just missing previous year's record level of € 130.9 million. The order book of the continuing operations as of December 31, 2023 amounted to € 452.5 million, reaching a new record level (December 31, 2022: € 335.4 million). "The capacity utilization of our production sites will therefore be very high in 2024 and partly also in 2025, especially for bonders and in the Photomask Solutions division," says Dr. Thomas Rohe, Chief Operations Officer at SUSS MicroTec.