Suss Microtech targets rising sales by 2030, shares rise

SUSS MicroTec SE

17/11/2025 09:58

** Shares of German chip industry equipment supplier Suss Microtec SMHNn.DE rise 10.7% after the company announced it wants to significantly increase its sales in the coming years

** Suss targets 750 million euros-900 million euros ($870 million-$1.04 billion) in annual sales by 2030, while seeing those in 2025 at 470 million-510 million

** The 2030 targets are based on 7% industry semis revenue growth, with the market served by SUSS growing at >7% CAGR

** "New solutions such as hybrid bonding/wafer cleaning are expected to account for the majority of this growth," analysts at UBS say

** UBS adds that it expects shares to outperform on the news but notes that it will be important to see real evidence new tools gain traction

** Monday's rise places the stock back around the price from before the slump caused by an outlook cut in October

** YTD, the stock is still down by 23%

($1 = 0.8619 euros)

(Reporting by Maria Rugamer)

((Maria.Rugamer@thomsonreuters.com))