Germany's SUSS MicroTec Q1 order intake jumps 70%

SUSS MicroTec SE

07/05/2026 06:42

Overview

Germany semiconductor equipment maker's Q1 revenue declined yr/yr, in line with company expectations

Order intake hit record €149.3 mln, driven by strong demand for AI chip module solutions

Order backlog rose 24% to €330.1 mln as of March 31

Outlook

SUSS MicroTec confirms 2026 sales guidance of €425 mln to €485 mln

Company expects 2026 gross profit margin of 35% to 37% and EBIT margin of 8% to 10%

Company says order intake remains high despite global economic uncertainty from Persian Gulf conflict

Result Drivers

AI CHIP DEMAND - Co said record order intake was driven by higher demand for solutions used in AI chip modules from key customers

PRODUCT AND CUSTOMER MIX - Co attributed lower gross profit margin to reduced sales and a shift in product and customer mix

FIXED-COST ABSORPTION - Co said EBIT margin declined disproportionately due to lower fixed-cost absorption

Company press release: ID:nEQ8Bgf7ra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
EUR 86.50 mln
EUR 101.43 mln (2 Analysts)
Q1 Free Cash Flow
EUR 23.20 mln
Q1 Order Backlog
EUR 330.10 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 €67.00, about 17.7% below its May 6 closing price of €81.45

The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 25 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.)