SÜSS MicroTec Announces Positive Preliminary Results for Fiscal Year 2023

SÜSS MicroTec SE, a leading manufacturer of system and process solutions for the semiconductor industry, has published its preliminary, unaudited financial figures for the 2023 financial year, showing a new order record and a significant increase in its turnover business.

The order book, excluding MicroOptics activities, amounts to 420.5 million euros, exceeding that of the previous year by 411 million euros, thanks in particular to large orders for temporary bonding machines. The order backlog also reached a record at 452.5 million euros. Sales increased by 17.0%, reaching 304.3 million euros.

Gross margin stood at 34.1%, impacted by an unfavorable product mix and expenses to increase production capacity. EBIT for the year was €27.8 million, slightly below expectations, mainly due to higher R&D spending and transformation costs. However, the last quarter stood out as the most profitable with an EBIT margin of 14.6%.

Despite a drop in consolidated net profit to 4.7 million euros, due to discontinued operations and the sale of subsidiary SUSS MicroOptics SA, the company is optimistic about the future of its core business and plans to publish the full annual report on March 27, 2024.