Suss Microtec Se · XETR:SMHN
Suss Microtec — Q3 2020 Earnings Presentation
11 slides from Suss Microtec's earnings presentation, Nov 10, 2020
Slide 1: Q3 / 9M 2020 Figures Quarterly Report
Q3 / 9M 2020 FIGURES QUARTERLY REPORT November 10, 2020
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec SE and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subj
Slide 3: Highlights
HIGHLIGHTS Q3 Solid order entry of € 44.1M Sales of € 60.6M Positive EBIT with € 9.0M and EBIT margin of € 14.9% Extraordinary EBIT contribution from one written-off Scanner with € 0.9M 9M Orders of € 206.7M Sales of € 173.9M Positive EBIT with € 12.2M and EBIT margin of € 7.0% Industr
Slide 4: Key Group Figures Q3 2020 / 9M 2020
KEY GROUP FIGURES Q3 2020 / 9M 2020 in € M Q3/2020 Q3/2019 Change 9M/2020 9M/2019 Change Order entry 44.1 66.0 -33.2% 206.7 157.8 31.0% Sales 60.6 37.1 63.3% 173.9 131.1 32.6% EBIT 9.0 -4.9 --- 12.2 -5.7 --- EBIT margin 14.9% -13.2% 28.1% points 7.0% -4.3% 11.4% points EAT 4.5 -6.8 --- 4.9 -8.7 ---
Slide 5: Order Entry
ORDER ENTRY ORDER ENTRY: SPLIT PER SEGMENT Comments: 100 93.6 In € M 90 + Overall the order entry level increased over the 80 last years to an average of around and above € 69.0 ∑100 to 110 Microoptics 70 66.0 60M 61.4 60 Photomask 50 Equipment + Order entry in Q2 includes a high volume 46.7 45,0 46
Slide 6: Segment Overview 9M
SEGMENT OVERVIEW 9M Lithography Photomask Equipment in € M 9m 2020 9m 2019 in € M 9m 2020 9m 2019 Sales 97.8 72.4 Sales 40.0 24.6 GP (margin) 29.7 (30.4%) 16.1 (22.2%) GP (margin) 16.7 (41.8%) 9.2 (37.4%) EBIT (margin) 6.2 (6.3%) -8.1 (-11.2%) EBIT (margin) 11.0 (27.5%) 4.4 (17.9%) + Higher sales fr
Slide 7: Balance Sheet
BALANCE SHEET Assets Liabilities & Shareholder‘s Equity in € thousand 30.9.2020 31.12.2019 in € thousand 30.9.2020 31.12.2019 NON-CURRENT ASSETS 66.577 55.109 Equity 129.735 125.388 CURRENT ASSETS 155.581 144.789 NON-CURRENT LIABILITIES 35.117 24.468 Inventories 84.555 75.047 Financial debt 9.375 10
Slide 8: Cash Flow – Strong Improvement of Free Cash Flow
CASH FLOW – STRONG IMPROVEMENT OF FREE CASH FLOW Cash Flow Operating Activities Investing Activities Comments: 40 36.4 9 8.5 In € M In € M 8 30 7 + € 3.5M + Operative CF improved due to 20 6 + € 60.1M 5.0 + better profitability, 10 5 4 0 + higher customer deposits and 9M 2019 9M 2020 3 -10 2 + impro
Slide 9: Market Estimates
MARKET ESTIMATES Positive market outlook but impacted by COVID-19 uncertainties Economic development not easy to forecast Uncertain outlook with respect to US/China trade barriers But: Clear signal for need to invest in broadband communication systems Significant increase in demand from te
Slide 10: Guidance
GUIDANCE Expected Order entry for Q4/2020 and Q1/2021 will be between € 100-110M Sales guidance unchanged € 240 to 260M Guidance for EBIT Margin increased from 3% - 5 % to 5.5% - 7.5% SUSS MicroTec SE – Investor Presentation 10
Slide 11: SUSS MicroTec SE contact details
SUSS MicroTec SE | Schleissheimer Str. 90 | 85748 Garching | www.suss.com