15.05.2018
SINGULUS TECHNOLOGIES AG DE000A1681X5
DGAP-News: SINGULUS TECHNOLOGIES announces key figures for Q1 2018
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Quarterly / Interim
Statement
SINGULUS TECHNOLOGIES announces key figures for Q1 2018
15.05.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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Press Release
SINGULUS TECHNOLOGIES announces key figures for Q1 2018
* Order backlog of EUR 125.5 million significantly above prior-year level
* Sales of EUR 17.3 million in the 1st quarter still below prior-year level
* EBIT in the amount of EUR -1.6 million
* Prepayments received until now exceeding EUR 40 million
* Several major orders in Solar division
* Solar division continues to perform favorably overall
Kahl am Main,15 May 2018 - Sales within the SINGULUS TECHNOLOGIES Group
(SINGULUS TECHNOLOGIES) amounted to EUR 17.3 million in the quarter under
review and was thus below the previous year's level of EUR 26.1 million. The
high order backlog of EUR 125.5 million (March 31, 2017: EUR 92.9 million)
was above the prior-year level and mainly includes machines for the
production of CIGS solar modules. The order intake at SINGULUS TECHNOLOGIES
of EUR 36.1 million in the 1st quarter 2018 was significantly higher than
the previous year's level (EUR 9.1 million). Overall, the 1st quarter came
in below the prior-year level with earnings before interest and taxes (EBIT)
amounting to EUR -1.6 million (previous year: EUR 1.4 million). The EBITDA
of EUR -1.2 million was also below the previous year's level of EUR 1.9
million. Within the first three months of the business year a gross profit
margin of 27.1 % (previous year: 30.1 %) was achieved.
Dr.-Ing. Stefan Rinck, CEO SINGULUS TECHNOLOGIES: "In the first months of
2018, we have mainly received prepayments for the delivery of production
machines for the Solar division with an order volume exceeding EUR 40
million. Our company was thus able to further expand the leading position
for the delivery of production machines for CIGS solar modules." Dr.-Ing.
Stefan Rinck continues: "In addition to the growth in the solar sector,
SINGULUS TECHNOLOGIES will continue to work intensively in 2018 on the
introduction of its processes and systems into new market areas. We expect
further orders from semiconductor, decorative, and medical technology this
year. "
The headcount within the SINGULUS TECHNOLOGIES Group remained at a constant
level with 318 employees as of March 31, 2018 (December 31, 2017: 315
employees).
Outlook for the business year 2018
Pursuant to IFRS SINGULUS TECHNOLOGIES forecasts a significant increase in
sales for the year 2018 compared with the previous year. Although several
projects were only initiated towards the end of the quarter, the Executive
Board expects a substantial increase in sales within the group of companies
to a low triple-digit million Euro amount. Accordingly, the EBIT is forecast
to be positive at a mid-single-digit million Euro range in the business year
2018.
The key sales and earnings driver are expected from the Solar division and
here in particular from a few, major project orders for investments in
production lines for thin-film solar modules on the basis of CIGS
technology. The prerequisite for reaching these targets is a continuation of
the agreed projects as planned, in particular the receipt of additional
prepayments by our customer CNBM for the currently assembled machines at the
sites in Bengbu and Meishan.
1st quarter 2017 2018
Sales in million EUR 26.1 17.3
Order intake in million EUR 9.1 36.1
Order backlog as of March 31 in million EUR 92.9 125.5
EBIT in million EUR 1.4 -1.6
EBITDA in million EUR 1.9 -1.2
Result for the period in million EUR 0.9 -2,1
Earnings per share EUR 0.11 -0,24
Number of employees as of March 31 315 318
SINGULUS TECHNOLOGIES - Innovations for New Technologies
SINGULUS TECHNOLGOIES builds innovative machines and systems for efficient
and resource-friendly production processes. SINGULUS TECHNOLOGIES' strategy
is to take advantage of its existing core competencies and to expand these
further.
The core competencies include vacuum coating, surface processing,
wet-chemical and thermal production processes. The company offers machines,
which are used worldwide in the solar, semiconductor, medical technology,
consumer goods and optical disc sectors. For all of the machines, processes
and applications SINGULUS TECHNOLOGIES harnesses its automation and process
technology expertise.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Unternehmenssprecher, Tel.: + 49 (0) 1709202924
E-Mail: [email protected]
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15.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: [email protected]
Internet: www.singulus.de
ISIN: DE000A1681X5, DE000A2AA5H5
WKN: A1681X, A2AA5H
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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685711 15.05.2018
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