Ad-hoc | 4 November 2002 07:21
Singulus Technologies AG
english
SINGULUS Increases Revenues, Earnings and Order Intake
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SINGULUS Increases Revenues, Earnings and Order Intake,
Surpassing 2002 Projections!
SINGULUS TECHNOLOGIES’ cumulative revenues rose to 209.5 million Euro during the
first 9 months of the current fiscal year, compared to 175.8 million Euro
attained during the same period last year. At 99.2 million Euro, revenues for
QIII/2002 exceeded not just those of the previous QII/2002 (56.8 million Euro)
but revenues for the third quarter 2001 (71.3 million Euro) as well.
Order intake for QIII/2002 of 72.6 million Euro surpassed last year’s third
quarter (47.3 million Euro) and by the close of the period on 09/30/02, totaled
242.2 million Euro (last year: 155.9 million Euro). The “book-to-bill” ratio for
the first 9 months of the year remains clearly positive at 1:16. The order
backlog rose to 88.4 million Euro by the close of the quarter on 09/30/02;
adjusted by a major order, this figure totaled 54.0 million Euro at the close of
the same prior-year period on 09/30/01.
With pre-tax earnings of 41.0 million Euro (previous year 35.7 million Euro),
SINGULUS’ net earnings totaled 27.2 million Euro (prior year 22,7 million Euro).
The company’s profitability remains at a very high level. During the first 9
months of the year, the gross margin rose to 36.1% (equivalent period last year
34.5 %). This gross margin gain is also apparent in a third-quarter comparison
between this year (36.2%) and last (35.6%).
Our goals for 2003 will focus on actively participating in the growth
opportunities presented by the pre-recorded DVD and new DVD(R und DVD(RW formats
and securing a greater market share than our competitors.
During the next fiscal year our efforts will also be directed toward the
generation of additional growth in the Mastering and Service divisions as well
as the new TMR/MRAM business sector.
In Mio. Euro Q3 2002 Q3 2001 9 Mon. 2002 9 Mon. 2001
Revenues 99,2 71,3 209,5 175,8
EBIT 21,9 16,7 41,0 35,7
Period Earnings 14,6 10,5 27,2 22,7
EPS 0,74 0,63
Bernhard Krause, Mobil: +49-170-920 29 24 or +49 – 6188-440-374
end of ad-hoc-announcement (c)DGAP 04.11.2002
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WKN: 723 890; ISIN: DE0007238909; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
040721 Nov 02