Suss Microtec significantly exceeds its own 2024 targets + Trump and bitcoins + Today is a "small expiry day"
Suss Microtec $SMHN (+4,02 %)Share gains significantly
- The semiconductor supplier Suss Microtec (formerly Süss Microtec) earned significantly more operationally last year thanks to high demand.
- In 2024, both revenue and the margin were well above the company's most recently published targets.
- Sales are expected to have amounted to 445 million euros, as the Group surprisingly announced on Thursday evening in Garching.
- Suss had targeted 380 million euros to 410 million euros.
- According to the key figures, the margin based on earnings before interest and taxes (EBIT) is around 17.5 percent, which is also better than recently forecast.
- Suss had expected a maximum figure of 16 percent. In 2023, the company had achieved a turnover of just over 300 million euros in continuing operations, with a margin of 9.1 percent.
- The SDax-listed share price rose significantly following the surprisingly published key figures.
Bitcoin $BTC (-1,41 %)moves above $101,500 again
- According to reports, Trump is considering "a government program to buy and hold billions of dollars worth of bitcoins" via a bitcoin reserve, according to the NYT.
Friday: Stock market dates, economic data, quarterly figures
Small expiry day
- ex-dividend of individual stocks
- General Dynamics USD 1.42
- Quarterly figures / company dates USA / Asia
- 13:00 Schlumberger | Fastenal | State Street Quarterly figures
- Economic data
08:00 UK: Retail Sales December FORECAST: 0.0% yoy/ n.a. previous: +0.2% yoy/+0.5% yoy
11:00 EU: Consumer prices December Eurozone PROGNOSE: +0.4% yoy/+2.4% yoy PREVIEW: +0.4% yoy/+2.4% yoy PREVIEW: -0.3% yoy/+2.2% yoy CORE RATE PROGNOSE: +0.5% yoy/+2.7% yoy PREVIEW: +0.5% yoy/+2.7% yoy PREVIEW: -0.6% yoy/+2.7% yoy
14:30 US: Housing starts/permits December housing starts FORECAST: +3.2% yoy previous: -1.8% yoy Building Permits FORECAST: -3.0% yoy previous: +6.1% yoy
15:15 US: Industrial production and capacity utilization December Industrial production PROGNOSE: +0.2% yoy previous: -0.1% yoy Capacity utilization PROGNOSE: 77.0% previous: 76.8%
