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Provider: Reuters Investment Profile
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Suess MicroTec AG Raises FY 2012 Sales Guidance; Issues FY 2012 EBIT

Friday, 3 Aug 2012 01:55am EDT 

SUESS MicroTec AG announced that its sales forecast is raised to between EUR 160 million and EUR 170 million for the fiscal year 2012. The Company expected sales to come in above EUR 155 million and an EBIT-margin at the lower end of a 5% - 10% bandwidth. In this context SUESS MicroTec updates the guidance for the full year and expects EBIT to be between EUR 5 million to EUR 10 million. For the fiscal year 2012 the Company has guided for a Free Cash Flow of a mid-single digit million EUR amount. Due to the strategic increase in working capital it now expects the Free Cash Flow to be in the low-single digit million EUR range. These figures are preliminary and subject to change. The full half year report will be published on August 7, 2012. 

Company Quote

-0.042 -0.64%
16 Apr 2014