SUSS MicroTec down 10% premarket after outlook cut

SUSS MicroTec SE

29/07/2025 06:46

** Shares in SUSS MicroTec SMHNn.DE fall 10% in pre-market trade after the German semiconductor company cut its full-year outlook, citing extraordinary costs and inventory corrections

** The company now expects EBIT margin of 13-15%, versus 15-17% it forecast earlier, and gross profit margin of 37-39% versus 39-41% seen earlier

** "Looks as if the 36% run-up of SMHN shares in Q225 was not supported by the business performance," a local trader says

** The shares are seen at the bottom of the Germany's small-cap index .SDAXI

(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))