SUSS MicroTec slumps after it cuts 2026 guidance, plans job cuts

SUSS MicroTec SE

27/10/2026 08:52

** Shares in SUSS MicroTec SMHNn.DE fall 10% after the German chip equipment manufacturer cut its full-year guidance, and announced plans to shift production and cut around 70 jobs
** The company now expects FY sales between €405 and €425 million ($452-$474 million) vs €425 to 485 million forecast previously and EBIT margin of between 5% and 7% vs 8% and 10% before
** The company said no systems or modules will be manufactured at the Garching, Bavaria site, adding it will cut 70 jobs
** SUSS MicroTec expects one-off expenses of about €6.2 million in total, of which around €4.5 million are currently planned to be incurred in 2026
** The stock is on track for worst day since July and up 20% YTD

($1 = 0.8961 euros)

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))