SÜSS MicroTec SE

Expecations for order entry in first half year 2020 raised

DGAP-Ad-hoc: SÜSS MicroTec SE / Key word(s): Change in Forecast
SÜSS MicroTec SE: Expecations for order entry in first half year 2020 raised

22-Jun-2020 / 17:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


  • Order entry in Q2 significantly higher than expectations
  • Guidance for cumulative order entry in the first two quarters in 2020 of € 100 - 110 million clearly surpassed

SÜSS MicroTec SE today announced that its earlier guidance for order entry in the first and the second quarter 2020 of a cumulative € 100-110 million will be clearly surpassed in view of the emerging figures for order intake in Q2.

As a result of strong customer demand, an order entry in the range of € 86-91 million is expected for the second quarter alone, which will be significantly above the average figure of the last three quarter of around € 65 million. This is due to increased investments in the introduction of the 5G mobile communications standard. The company therefore specifies its expectations for order entry in the first half of the year to a value in the range of € 155-160 million.




Contact:
SÜSS MicroTec SE
Sabine Radeboldt
Investor Relations
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: [email protected]

22-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SÜSS MicroTec SE
Schleissheimer Strasse 90
85748 Garching
Germany
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
E-mail: [email protected]
Internet: www.suss.com
ISIN: DE000A1K0235
WKN: A1K023
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1075519

 
End of Announcement DGAP News Service

1075519 22-Jun-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1075519&application_name=news&site_id=financialexpress