on SÜSS MicroTec AG (isin : DE000A1K0235)
SUSS MicroTec Reports Strong Growth in Q3 2024
SUSS MicroTec, a key player in semiconductor equipment manufacturing, announced significant growth in Q3 2024. Sales reached €102.5 million with an EBIT margin of 16.9%, marking it the most successful quarter of the year. Over nine months, sales surged by 46% to €295.3 million. The order book, valued at €430.8 million, supports capacity into 2025.
The company's gross profit margin improved to 39.0% in Q3. Both Advanced Backend Solutions and Photomask Solutions segments showed robust performance, growing 42.1% and 55.9% respectively. Despite a dip in Q3 order intake to €84 million, the outlook remains positive with an overall intake of €276.2 million for the year.
SUSS plans to expand production in Taiwan to meet demand. The management confirms the forecast for 2024, expecting sales between €380-410 million, a gross profit margin of 38-40%, and an EBIT margin of 14-16%.
R. E.
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