14.08.2018
SINGULUS TECHNOLOGIES AG DE000A1681X5
DGAP-News: SINGULUS TECHNOLOGIES achieves high order backlog- significant increase in sales for 2018 expected
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Half Year Results
SINGULUS TECHNOLOGIES achieves high order backlog- significant increase in
sales for 2018 expected
14.08.2018 / 08:15
The issuer is solely responsible for the content of this announcement.
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Press Release
SINGULUS TECHNOLOGIES achieves high order backlog- significant increase in
sales for 2018 expected
* Order intake in the first half year at EUR 65.0 million (previous year:
EUR 26.1 million)
* Order backlog as of June 30 at EUR 125.3 million substantially above
prior-year level
* Sales at prior-year level with a still slightly negative EBIT amounting to
EUR -1.2 million (previous year: EUR 2.5 million)
* Full-year forecast with positive operating result (EBIT) confirmed
Kahl am Main, August 14, 2018 - The SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) reports half-year sales for 2018 of EUR 46.4 million, which is
around the prior-year level of EUR 48.3 million. In the 2ndquarter 2018
significantly higher sales of EUR 29.1 million were recorded compared with
the prior year period (EUR 22.2 million). Dr.-Ing. Stefan Rinck, CEO of
SINGULUS TECHNOLOGIES: "Our order intake in the first half-year and the high
order backlog as per June 30, 2018 provide a good basis for the sales
recognition in the further course of the year. We expect a significant
increase in sales within the group of companies to a low triple-digit
million Euro range. Accordingly, the operating result before interest and
taxes (EBIT) for the business year 2018 is projected to be positive in a
mid-single-digit million Euro range."
The second quarter 2018 was positive with an EBIT of EUR 0.4 million
(previous year: EUR 1.1 million), which already reflects the uptrend in
earnings. Accumulated for the first half of 2018 was slight negative
earnings before interest and taxes (EBIT) at EUR -1.2 million (previous
year: EUR 2.5 million). The EBITDA in the amount of EUR -0.3 million for the
first six months was below the prior-year level of EUR 3.5 million. In the
business year the gross margin increased from 27.1 % in the first quarter to
28.8 % in the first half-year (previous year: 30.0 %).
The orders intake in the first half of 2018 improved from EUR 26.1 million
in the previous year to currently EUR 65.0 million. The high order backlog
of EUR 125.3 million (June 30, 2017: EUR 87.7 million) to a large extent
includes machines for the production of CIGS solar modules for the Chinese
state-owned enterprise China National Building Materials (CNBM) as well as
other customers who have ordered equipment for the Asian market.
Dr.-Ing. Rinck adds: "Our new work areas also received additional orders
during the reporting period. In addition to the large order in the
Semiconductor segment, we received a first order from the automotive
industry for our DECOLINE II, as well as another order for a processing
machine for medical technology."
The headcount within the SINGULUS TECHNOLOGIES Group remained at a constant
level of 318 employees as of June 30, 2018 (December 31, 2017: 315
employees).
SINGULUS company key figures according to IFRS (unverified)
1st Half Year 2017 2018
Revenue (gross) million EUR 48.3 46.4
Order intake million EUR 26.1 65.0
Order backlog (06/30) million EUR 87.7 125.3
EBIT million EUR 2.5 -1.2
EBITDA million EUR 3.5 -0.3
Earnings before taxes million EUR 1.7 -2.3
Profit/loss for the period million EUR 1.7 -2.4
Employees (06/30) 312 318
Earnings per share, basic EUR 0.21 -0.27
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, Phone: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Phone: + 49 (0) 1709202924
E-mail: [email protected]
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14.08.2018 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.
The DGAP Distribution Services include Regulatory Announcements,
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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713841 14.08.2018
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