SUSS MicroTec starts fiscal year 2024 with strong growth and improved
margins

EQS-News: SÜSS MicroTec SE / Key word(s): Quarterly / Interim Statement
SUSS MicroTec starts fiscal year 2024 with strong growth and improved
margins

08.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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* Order book reaches new record level of EUR 456.9 million

  *  Sales of EUR 93.5 million significantly up 46.1% on the same quarter
    of the previous year

  *  Gross profit and EBIT margin benefit from high sales level and
    favorable product mix

* Forecast for the full year 2024 confirmed

Garching, May 8, 2024 - SÜSS MicroTec SE, a leading manufacturer of
equipment and process solutions for the semiconductor industry, today
publishes its quarterly statement for the first three months of the 2024
fiscal year. The preliminary financial figures for the first quarter of 2024
announced on April 18, 2024 are confirmed without exception.

In the first quarter of 2024, SUSS MicroTec generated an order intake of EUR
98.3 million (Q1 2023: EUR 94.9 million). The Advanced Backend Solutions
segment accounted for approximately two thirds of this. The positive
development of the bonder product line was again noteworthy with new
business of EUR 34.4 million. This was driven by existing customers using
temporary bonding solutions to produce so-called HBM (High Bandwidth Memory)
chips, thus supporting the capacity expansion for microchips used in AI
applications. Two new customers were also acquired, including one for the
production of energy-efficient silicon carbide (SiC) semiconductors. In
addition, an order for a wafer-to-wafer hybrid bonder was collected. In the
Photomask Solutions segment, order intake amounted to EUR 33.7 million,
further increasing compared to the previous two quarters. The order backlog
as of March 31, 2024 totalled EUR 456.9 million, an increase of 25.5% over the
prior year (March 31, 2023: EUR 364.0 million).

In the first three months of this year, sales increased significantly by
46.1% to EUR 93.5 million (Q1 2023: EUR 64.0 million). Both business units
contributed to this growth. While sales in the Advanced Backend Solutions
segment increased by 37.6% to EUR 56.4 million (previous year: EUR 41.0
million), sales in the Photomask Solutions segment grew even by 60.6% to EUR
37.1 million (previous year: EUR 23.1 million). The biggest growth driver was
the bonder business, which more than doubled compared to the first quarter
of the previous year due to the high order intake in the second half of
2023. 'We want to meet our customers' demanding schedules and enable them to
expand their capacity to manufacture semiconductors for AI applications.
2024 is therefore a crucial year in which the efficient execution of our
high order book is key. Q1 was the strongest first quarter in our company's
history and indicates that we are well on track achieving this goal,' says
Burkhardt Frick, CEO of SÜSS MicroTec SE.

Gross profit rose by EUR 14.6 million to EUR 36.6 million in the first quarter
of 2024 (previous year: EUR 22.0 million). The gross profit margin thus
improved by 4.7 percentage points to 39.1% (previous year: 34.4%), mainly
due to a favorable product mix and a volume effect from the higher sales.
The margin trend was positive in both segments, with a stronger increase in
the Advanced Backend Solutions segment, from 36.3% in the first quarter of
2023 to 44.5% in the first quarter of 2024. EBIT increased to EUR 14.9 million
(Q1 2023: EUR 3.8 million), corresponding to an EBIT margin of 15.9% (previous
year: 5.9%).

Net profit from continuing operations in the first quarter of 2024 amounted
to EUR 10.4 million (previous year: EUR 3.0 million). Total net profit for the
period amounted to EUR 68.7 million (previous year: EUR 2.1 million) and
included the result from discontinued operations due to the sale of the
MicroOptics business in the amount of EUR 58.3 million.

Outlook

Demand for SUSS MicroTec's equipment and solutions remains high. Overall,
the company is confident about the further development of demand, although
it is still waiting for the order situation for imaging and coating
solutions to recover. For the full year 2024, management continues to expect
sales in the range of EUR 340 million to EUR 370 million. 'The high order book
remains a major challenge for our production. However, we are confident that
we will be able to continuously increase our output thanks to the measures
already initiated to reduce throughput times, the capacity expansion at our
production site in Taiwan and the increased involvement of external
production partners,' explains Dr. Thomas Rohe, Chief Operations Officer at
SUSS MicroTec.

The gross profit margin for the full year 2024 is still expected to be in
the range of 35 to 38 percent, while the EBIT forecast is in the range of 10
to 12 percent. Dr. Cornelia Ballwiesser, CFO of SÜSS MicroTec SE, comments:
'For both key figures we expect positive impulses from the higher sales
level and the associated economies of scale as well as from the
customer-specific product mix. At the same time, we are still in the course
of our growth transformation, which is coupled with additional expenses in
production and administration.' The outlook for the key financial figures
for the current fiscal year 2024 is therefore confirmed.

The Financial Report for the first three months of the 2024 fiscal year is
available at www.suss.com/en/investor-relations in German and English.

Media contact:
Sven Köpsel
Vice President Investor Relations, Corporate Communications and Corporate
Marketing
E-Mail: sven.koepsel@suss.com
Tel.: +49 89 32007151

About SUSS MicroTec
SUSS MicroTec is a leading supplier of equipment and process solutions for
microstructuring in the semiconductor industry and related markets. In close
cooperation with research institutes and industry partners SUSS MicroTec
contributes to the advancement of next-generation technologies such as 3D
Integration and nanoimprint lithography as well as key processes for MEMS
and LED manufacturing. With a global infrastructure for applications and
service SUSS MicroTec supports more than 8.000 installed systems worldwide.
SUSS MicroTec is headquartered in Garching near Munich, Germany. The shares
of SUSS MicroTec SE are traded in the Prime Standard of the German Stock
Exchange (ISIN DE000A10K0235). For more information, please visit
http://www.suss.com.

Legal Disclaimer
All statements in this release other than historical facts are
forward-looking statements within the meaning of U.S. Private Securities
Litigation Reform Act of 1995. Words such as 'believe', 'expect', 'intend',
'anticipate', 'estimate', 'should', 'may', 'will', 'plan' and similar words
and terms used in relation to the enterprise are meant to indicate
forward-looking statements of this kind. The company accepts no obligation
toward the general public to update or correct forward-looking statements.
All forward-looking statements are subject to various risks and
uncertainties, as a result of which actual events may diverge numerically
from expectations. The forward-looking statements reflect the view at the
time they were made.


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   Language:       English
   Company:        SÜSS MicroTec SE
                   Schleissheimer Strasse 90
                   85748 Garching
                   Germany
   Phone:          +49 (0)89 32007-161
   Fax:            +49 (0)89 4444 33420
   E-mail:         franka.schielke@suss.com
   Internet:       www.suss.com
   ISIN:           DE000A1K0235
   WKN:            A1K023
   Indices:        SDAX, TecDax
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1897981

End of News EQS News Service
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1897981 08.05.2024 CET/CEST