Brief: Suss MicroTec Cuts 2023 Guidance

SUSS MicroTec SE

27/07/2023 16:15

July 27 (Reuters) - SUESS MicroTec SE  SMHNn.DE :
    * EQS-ADHOC: SUSS MICROTEC ADJUSTS FORECAST FOR FISCAL YEAR
2023
    * SUESS MICROTEC SE - MICROOPTICS SEGMENT EBIT (EARNINGS
BEFORE
INTEREST AND TAXES) DETERIORATED FROM EUR 1.4 MILLION IN FIRST
HALF OF 2022 TO EUR -3.6 MILLION IN FIRST HALF OF 2023.
    * SUESS MICROTEC SE - COMPANY EXPECTS TO ACHIEVE FULL-YEAR
2023
SALES IN RANGE OF EUR 320 MILLION TO EUR 340 MILLION
(PREVIOUSLY: EUR 320 MILLION TO EUR 360 MILLION).
    * SUESS MICROTEC SE - COMPANY EXPECTS TO ACHIEVE FULL-YEAR
2023
SALES IN RANGE OF EUR 320 MILLION TO EUR 340 MILLION
(PREVIOUSLY: EUR 320 MILLION TO EUR 360 MILLION)
    * SUESS MICROTEC SE - EBIT MARGIN FOR FULL YEAR 2023 IS
EXPECTED
TO BE BETWEEN 9 % AND 11 % (PREVIOUSLY: 10 % TO 12 %).
    * SUESS MICROTEC SE - COMPANY EXPECTS GROSS PROFIT MARGIN TO
BE IN
RANGE OF 35.5 % TO 37.5 % (PREVIOUSLY: 37 % TO 38 %)

Source text for Eikon:  ID:nEQ5lFvqFa 
Further company coverage:  SMHNn.DE 

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