Corporate | 31 March 2014 07:40
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SINGULUS TECHNOLOGIES AG / Key word(s): Final Results
Press release SINGULUS TECHNOLOGIES Reports Sales Growth and Positive EBIT for 2013 – Optimistic Outlook for the Current Year Kahl am Main, March 31, 2014 – In the course of the annual financial results press conference the SINGULUS TECHNOLOGIES Group (SINGULUS TECHNOLOGIES) presents the final financial for the business year 2013 as well as an outlook for the business year 2014. Overall, the past business year has been very favorable thanks to the financial success of the Optical Disc segment. SINGULUS TECHNOLOGIES was able to meet the communicated forecast and achieved a positive operating result (EBIT). After taking into account financing costs in the Group, a slightly negative result pursuant to IFRS still resulted. Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS, comments: “In 2013, the strong demand for Blu-ray Discs resulted in a high demand for production machines. We sold all produced BLULINE II machines by the end of the year 2013.” Unfortunately, the global market for production machines for solar cells and modules remained weak in the past year. However, some success was achieved in the Solar segment. In the fourth quarter 2013 the delivered production line for crystalline solar cells in Vilnius, Lithuania, was commissioned. The coating machine SINGULAR XP for the rear-side coating of the new PERC solar cells was successfully placed with the initial customers. In the area of thin-film solar cells SINGULUS TECHNOLOGIES developed and delivered a new vaporization machine in 2013, amongst others. Thus, SINGULUS TECHNOLOGIES already today covers two thirds of the required machines of a CIS/CIGS modules production with its own range of machines. In 2013 numerous semiconductor coating machines were assembled and successfully commissioned by our globally operating semiconductor customers. SINGULUS TECHNOLOGIES extended its machine platform and developed and presented a new coating machine under the name of TIMARIS III with a considerably increased capacity for the wafer production. The ROTARIS was finalized as a platform for research and development applications and already established in the market with the first customers. Accordingly, the demand for equipment in the areas of research and development as well as the industrial mass production of wafers can be met.
Key financial figures business year 2013
In the business year 2013 the order intake stood at EUR 115.1 million, which was slightly below the prior-year level (previous year: EUR 121.9 million). The order backlog amounted to EUR 20.3 million as of December 31, 2013 (previous year: EUR 40.1 million). The amount of the order intake and the order backlog for the business year 2013 is mainly due to until December 31, 2013 not yet realized contract conclusions in the segments Solar and Semiconductor. At the end of 2013 the SINGULUS TECHNOLOGIES Group employed 362 people in total (previous year: 400 employees), thereof 283 employees in Germany (previous year: 305 employees).
Strategy and outlook for 2014
For the year 2014 SINGULUS TECHNOLOGIES once again expects a favorable course of business with positive operating earnings (EBIT).
Background SINGULUS TECHNOLOGIES – Innovations for New Technologies
In the Optical Disc segment SINGULUS TECHNOLOGIES continues to expand the market leadership and today is already able to offer machines, which enable the production of triple-layer Blu-ray Disc wit a storage volume of about 100 GB in total. In the Solar segment SINGULUS TECHNOLOGIES positions itself as a supplier for new production solutions for crystalline and thin-film solar cells, which with lower production costs increase the level of efficiency or achieve a higher level of efficiency. SINGULUS TECHNOLOGIES establishes itself in this market as a development partner and machine supplier for technologies enabling a sustainable and chosen energy provision on the basis of renewable energies. In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities on the vacuum coating of wafers with ultra thin layers for the manufacturing of MRAM memory, thin-film write/read heads, sensors and other semiconductor applications. SINGULUS TECHNOLOGIES is continuously expanding the technologic know-how in the areas vacuum coating, automation, process technology as well as the integration of production steps in order to open further, attractive work areas. In this context, internal growth from the development of proprietary solutions as well as acquisition opportunities for the generation of external growth are analyzed with respect to their feasible implementation. At a Glance – Consolidated Key Figures
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
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 31.03.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group 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@singulus.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909, DE000A1MASJ4 | |
| WKN: | 723890, A1MASJ | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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