SUSS MicroTec Reports Strong Q2 Growth and Margin Expansion

SUSS MicroTec SE, a leading semiconductor equipment manufacturer, has released its half-year financial report for 2024, confirming robust growth and margin expansion. The order book remains strong at €450 million. Q2 sales hit €99.3 million, surpassing Q1 sales of €93.5 million. Gross and EBIT margins for the first half of 2024 showed significant improvement compared to last year.

The company experienced an order intake of €93.9 million in Q2, mainly driven by the Advanced Backend Solutions segment. The product mix and increased volume contributed to the gross profit margin rising to 39.8%. EBIT for the first half of 2024 reached €30.1 million with a margin of 15.6%. Earnings after taxes from continuing operations were €22.5 million.

Sales for the first six months grew by 45.6% to €192.8 million. The Advanced Backend Solutions segment saw a sales increase of 39.1%, while the Photomask Solutions segment grew by 64.6%. The company expects full-year sales between €380 and €410 million, with a gross profit margin of 38-40% and an EBIT margin of 14-16%.