Germany's SUSS MicroTec 2025 revenue beats estimates on AI chip demand

SUSS MicroTec SE

30/03/2026 06:42

Overview

Germany semiconductor equipment supplier's 2025 revenue rose 12.6%, beating analyst expectations

EBIT margin fell to 13.1% from 16.7% due to less favorable mix and one-time costs

Company forecasts 2026 sales and EBIT margin to decline as it increases R&D spending

Outlook

SUSS expects 2026 sales of €425 mln to €485 mln, a decline from 2025

Company sees 2026 EBIT margin between 8% and 10%, down from prior year

SUSS expects 2026 gross profit margin between 35% and 37%

Result Drivers

AI CHIP DEMAND - Co said high market demand for AI chip modules drove sales growth

OPERATIONAL ADAPTABILITY - Higher production capacities, flexible workforce, and faster lead times improved operational adaptability, per COO Dr. Thomas Rohe

PROFITABILITY PRESSURES - Less favorable product and customer mix, ramp-up support, start-up and training costs, new Taiwan site expenses, and inventory write-downs weighed on profitability

Company press release: ID:nEQ9p9GBBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
EUR 503.20 mln
EUR 493.24 mln (10 Analysts)
FY EBIT Margin
13.10%
FY Free Cash Flow
-EUR 22.60 mln
FY Order Backlog
EUR 266.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for SUSS MicroTec SE is €56.00, about 7.4% above its March 27 closing price of €52.15

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)