Suess Microtec jumps after outlook hike
19/07/2024 07:50
** Shares in Suess Microtec SMHNn.DE are up around 12% in
early Frankfurt trade after the company released preliminary
quarterly results and raised its full-year outlook
** The German chip-making kit supplier said positive
business development continued in the second quarter and
increased its outlook on sales, gross profit margin, and
operating margin
** "Suess released strong preliminary Q2 results and raised
the FY'24E guidance more substantially than expected," writes
Tim Wunderlich, analyst at Hauck Aufhaeuser
(Reporting by Chiara Holzhaeuser)
((Chiara.Holzhaeuser@thomsonreuters.com))