Corporate | 8 February 2012 07:20
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SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results
Press release Turnaround Achieved – SINGULUS Reports Preliminary Results for 2011 – Own forecast for the business year 2011 achieved – Sales of + 34 % significantly above prior-year level – Positive EBIT – Order intake increased by 18 % – Blu-ray market continue to grow – Growth in sales in the Solar segment – Optimistic outlook for 2012 Kahl am Main, February 8, 2012 – According to preliminary results the SINGULUS TECHNOLOGIES Group (SINGULUS) achieved sales of approximately EUR 160 million (+ 34 %) in the business year 2011, which is significantly above the sales generated in 2010 (sales previous year: EUR 120.1 million). Correspondingly, the forecast for the business year 2011 was met. With a positive EBIT for the full-year 2011 SINGULUS was able to achieve the announced turnaround.
The order intake for 2011 at EUR 151.5 million also exceeded the prior-year level by 18 % (EUR 128.2 million). As of December 31, 2011, the order backlog stood at EUR 26.7 million, which is slightly below the previous year’s level
Optimistic outlook for 2012
SINGULUS’ goal is to continue to maintain the market leadership in the Optical Disc division for dual layer Blu-ray Disc production machines.
With respect to the silicon and thin-film solar technology SINGULUS positions itself at the forefront as a machine suppler as well as a development partner for new cell concepts. Accordingly, the completion of a contract for the supply of a line for the production of crystalline solar cells presents an additional important expansion step for SINGULUS in the Solar segment. With this SINGULUS displays the capability of its competencies combined within the company ranging from the supply of all essential machines to complete production lines. SINGULUS possesses proven know-how in the manufacturing of deposition machines for semiconductor devices. In the past couple of days two additional orders in this segment were received. The business activities in the Nano-Deposition segment are only an example for this and will be intensified in the course of the growing market for the MRAM semiconductor technology. SINGULUS TECHNOLOGIES intends to transfer this know-how in the area of the development of vacuum coating machines to other application areas. In addition, the company reviews other sectors and work areas, where new market segments can be developed in the area of vacuum coating.
SINGULUS will publish the final report for the business year 2011 on
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
Contact: SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890 Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612, Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924 End of Corporate News 08.02.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| 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: | bernhard.krause@go-metacom.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909 | |
| WKN: | 723890 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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