Ad-hoc | 4 November 2003 07:41
Singulus Technologies AG
english
Pronounced Growth in SINGULUS Revenue, EBIT and Order Intake
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Pronounced Growth in SINGULUS Revenue and EBIT – Q3 Order Intake Shows Above
Average 29.3% Growth!
SINGULUS TECHNOLOGIES achieved pronounced growth in the first nine months of the
year as well as gross revenues for the 3rd quarter 2003.
in Mio. Euro Q3-2002 Q3-2003 9 Mon. 2002 9 Mon. 2003
Gross Revenues 99,2 115,8 209,5 255,0
EBIT 21,9 25,4 41,0 46,8
Net Income 14,6 15,9 27,2 29,9
EPS(in Euro) 0,39 0,43 0,74 0,81
At 87.4 million Euro, the order intake for QIII/2003 clearly surpassed that of
QIII/2002 (72.6 million Euro). The 313.1 million Euro order intake for the first
nine months of 2003 is 29.3% higher than the total order intake for the prior
years 9 months period (242.2 million Euro). The order backlog amounted to 116.6
million Euro by the 09/30/03 closing date (last year: 88.4 million Euro). The
gross margin for the period in report declined from 36.3 % last year to 33.5 %
of net earnings. The gross margin for the first 9 months of the year is
calculated at 33.0 % (prior year 36.1 %). Earnings before income and tax (EBIT)
for the 3rd quarter totalled 25.4 million Euro, up 15.6 % over last year (21.9
million Euro). An improvement in the EBIT was recorded for the nine-month
period, up from 41.0 million Euro in 2002 to 46.8 million Euro in 2003 (+ 14.1
%). Net earnings of 29.9 million Euro for the nine-month period exceeded last
years 27.2 million Euro by 10.1 %. Net earnings of 15.9 million Euro were
generated for QIII/2003 period. The net margin for the first nine months
totalled 12.1 % (prior year: 13.6 %). Based on the nine-month results and the
order backlog of September 30th, 2003, SINGULUS TECHNOLOGIES executive board
still expects a growth in revenues of at least 20 % in 2003. However, the
increase in net earnings will be slightly weaker than expected and forecast by
SINGULUS, as a substantial part of our revenues increase versus 2002 stems from
the lower-margin CD/DVD 5 and CD-R sectors. The companys profitability, however,
remains at a very high level.
For further information please contact: Bernhard Krause, SINGULUS TECHNOLOGIES,
Tel.:+49 (0) 6181-9828020, Mobile: +49 (0) 170 920 29 24
end of ad-hoc-announcement (c)DGAP 04.11.2003
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WKN: 723890; ISIN: DE0007238909; Index: TecDAX, NEMAX 50
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
040741 Nov 03