SÜSS MicroTec (SMHN) Investor presentation summary

Company profile and strategic positioning

• Headquartered in Germany with a 75-year history of innovation and growth, serving as a key technology provider for the semiconductor industry, especially in frontend and advanced backend segments.

• Maintains a global customer base, with the largest share of business in Asia, and acts as a strategic partner for major semiconductor IDMs and foundries.

• Strong ties to research institutes and universities, supporting ongoing innovation.

Product portfolio and technology leadership

• Offers solutions in photomask equipment, imaging, coating, and bonding, with scalable products supporting next-generation technology nodes.

• Market leader in temporary bonding and de-bonding, with expanding capabilities in permanent and hybrid wafer bonding.

• Recent product launches target both high-volume manufacturing and R&D, optimizing for customer device and manufacturing needs.

Financial performance and segment analysis (2025)

• Achieved record sales of €503.2 million (+12.6% YoY), surpassing half a billion euros for the first time.

• Gross profit margin at 35.7% (-3.9pp YoY); EBIT margin at 13.1% (-3.6pp YoY), reflecting a less favorable product mix and higher ramp-up costs.

• Advanced Backend Solutions saw 10.7% sales growth, with Imaging and Coating systems growing over 50% YoY; Photomask Solutions achieved record sales and improved profitability.

• Free cash flow turned negative due to investments in new production capacity and lower customer prepayments; CapEx increased to €23.2 million.