Corporate | 14 February 2007 08:19
SINGULUS TECHNOLOGIES AG / Preliminary Results
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Press Release
SINGULUS Increases Sales and Order Intake in 2006
(preliminary figures)
- Sales rise by 15 % to about € 280 million (previous year: € 244
million)
- Order intake increased by 28 % to € 318 million (previous year: € 249
million)
- CEO Baustert: 'Diversification shows first success.'
Kahl am Main, February 14, 2007 - According to preliminary figures the
SINGULUS TECHNOLOGIES Group (SINGULUS) achieved sales in the amount of
about € 280 million in 2006 (previous year: € 244.4 million). Therefore,
SINGULUS realized sales above the sales forecast announced in November
2006. At € 318 million the order intake for the full year 2006 was 28 %
higher, significantly above the € 249 million achieved in 2005. The order
intake of € 46 million in the 4th quarter 2006 was below previous year’s
level (€ 70.5 million), whereas the 4th quarter 2005 included a large order
of more than € 20 million. The order backlog amounted by 33 % to € 81
million as of December 31, 2006 (previous year: € 61 million).
In addition, the company confirmed its expectation to generate a positive
EBIT in 2006 (previous year: € 2.1 million). 'For the first time our
diversification strategy contributed to the results. This trend will become
even stronger in 2007', said Stefan A. Baustert, CEO of the SINGULUS
TECHNOLOGIES AG.
Integration HamaTech AG
The acquisition of the HamaTech AG has been nearly concluded. This
consolidation of the sector is important for the future success of
SINGULUS. With the acquisition SINGULUS laid the foundation for a
technologic and market leadership in all optical disc formats. This will
also have a positive impact in the course of the launch of the upcoming
once-recordable Blu-ray / HD DVD for the recording of high-resolution
television programs (HDTV). Currently, SINGULUS holds about 89 % of the
shares in the HamaTech AG in total.
The relocation of HamaTech's activities in the Recordable segments to Kahl
will be completed by SINGULUS in the next couple of weeks. Following the
sale of 51 % of the shares in the Slovakian subsidiary in Nové Mesto for €
1.9 million as of October 1, 2006 and the disposal of the STEAG ETA-Optik
GmbH, Heinsberg to the Swedish AudioDev AB for € 3.25 million, the
optimization of the portfolio progresses as planned.
Outlook
The future growth of the new disc formats HD DVD and Blu-ray, the
opportunities in the new business areas Nano-Deposition Technologies,
Optical and Decorative Coatings as well as a clear strategy to expand the
activities will lay the foundation for an overall positive corporate
development at SINGULUS.
SINGULUS TECHNOLOGIES –
consolidated key figuresas of Dec. 31
2005 2006*
Sales (gross) 244 280
Order intake 249 318
Order backlog 61 81
in million €
* Preliminary and unaudited
The complete and audited figures for 2006 will be released on March 30,
2007.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
For further information please contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6188 440 106 or
0170 9202924
Company profile SINGULUS TECHNOLOGIES
With a consistent focus on its core competencies, since the management
buyout SINGULUS TECHNOLOGIES has transformed itself into the global leader
of machines and equipment for optical storage media within a time span of
ten years. SINGULUS TECHNOLOGIES is the only equipment producer in the
world offering the entire value-added chain for the manufacturing of
optical disc: The machines range from mastering and injection molding to
replication lines. With the set-up of a very deep value-added chain in the
past couple of years, SINGULUS TECHNOLOGIES was successful in expanding the
product range for its customers. Thus, the position of SINGULUS
TECHNOLOGIES in the optical disc sector remains unique in the world.
It is our declared goal to include the new formats HD DVD and Blu-ray disc
in this structure as well. Due to the acquisition of STEAG HamaTech in
January 2006, SINGULUS TECHNOLOGIES is also excellently positioned
worldwide for machines of once-recordable formats. SINGULUS TECHNOLOGIES
still views the market for equipment for the production of optical disc as
a core activity. This segment will also continue to safeguard the cash flow
of the company in the future and will be further developed technologically.
In addition, new business areas are intended to contribute to sales and
earnings in the future.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
For further information please contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6188 440 106 or
0170 9202924
DGAP 14.02.2007
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Language: English
Issuer: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: maren.schuster@singulus.de
WWW: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
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