Brief: SUESS MicroTec Q3 Order Intake At EUR 103.0 Mln
09/11/2023 06:38
Nov 9 (Reuters) - SUESS MICROTEC SE SMHNn.DE :
* RECEIVES RECORD ORDERS FOR BONDERS IN THE THIRD QUARTER /
SALES
MOMENTUM SLOWED BY DELAYS IN SHIPMENTS TO CHINA
* FULL-YEAR FORECAST FOR 2023 IS LIKELY NOT ACHIEVABLE AND
WAS
THEREFORE REVISED ON OCTOBER 25
* GROSS PROFIT AND EBIT MARGIN IMPACTED BY SHIPMENT DELAYS
AND
PRODUCT MIX
* 9-MONTH ORDER BACKLOG CONTINUES TO GROW AND NOW STANDS AT
EUR
414.7 MILLION
* IN Q3 OF 2023, SUSS MICROTEC GENERATED ORDER INTAKE OF EUR
103.0
MILLION WITH CONTINUING OPERATIONS
* THAT MEANS ORDER MOMENTUM INCREASED FURTHER FROM EUR 83.3
MILLION IN Q2 OF 2023
* ORDER ENTRY TOTALED EUR 281.2 MILLION IN FIRST NINE MONTHS
OF
2023
* ORDER BACKLOG FOR CONTINUING OPERATIONS ROSE TO EUR 414.7
MILLION AS OF SEPTEMBER 30, 2023
* WE EXPECT A GROSS PROFIT MARGIN OF 34 TO 36% AND AN EBIT
MARGIN
IN A RANGE OF 7 TO 11% FOR FULL YEAR 2023
* SINCE MICROOPTICS DIVISION IS NOW TREATED AS A
DISCONTINUED
OPERATION, SALES FORECAST ON BASIS OF CONTINUING OPERATIONS IS
BETWEEN EUR 280 MILLION AND EUR 320 MILLION
* GROSS PROFIT MARGIN WAS ADJUSTED TO A RANGE OF 32 TO 34%
AND
EBIT MARGIN TO 4 TO 8% ON OCTOBER 25, 2023
Source text for Eikon: ID:nEQ390Vnva
Further company coverage: SMHNn.DE
(Gdansk Newsroom)
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