Ad-hoc | 30 January 2004 07:35
SINGULUS TECHNOLOGIES Announces Preliminary Unaudited 2003 Figures
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SINGULUS TECHNOLOGIES Announces Preliminary (Unaudited) 2003 Figures: Revenues
360 Million Euro (+24%), 01/01/04 Order Backlog Over 90 Million Euro
SINGULUS TECHNOLOGIES announced total revenues of 360 million Euro for fiscal
2003 (unaudited), an increase of 24% over the preceding year (290.5 million
Euro). After-tax profits also demonstrated continued growth, more than 10%
higher comparable to prior-year figures.
At 380 million Euro, order intake for 2003 clearly exceeded 2002 figures
(293.3 million Euro). By 12/31/03, the 78.5 million Euro order backlog had grown
34% over the previous year (12/31/02: 58.5 million Euro). An additional high
order backlog of 11.8 million Euro from the recently acquired ODME Mastering
B.V. is particularly gratifying, increasing SINGULUS worldwide order backlog to
over 90 million Euro as of 01/01/04. Positive cash flow has increased the
companys liquid assets to over 60 million Euro (12/31/02: 53.9 million Euro).
These figures can be attributed in large part to continued strong revenues from
our pre-recorded DVD replication lines, and especially to the growth of
recordable CD-R and DVD-R lines. SINGULUS TECHNOLOGIES expects to continue the
expansion of its position and especially increase its market share in the DVD-R
growth market.
The final audited 2003 Annual Report will be published on March 30, 2004.
For additional information, please contact:
Bernhard Krause, SINGULUS TECHNOLOGIES AG
Tel:+49 (0) 6181 9828020
Cell:+49 (0) 170 920 29 24
end of ad-hoc-announcement (c)DGAP 30.01.2004
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