Ad-hoc | 7 October 2015 20:21
SINGULUS TECHNOLOGIES AG / Key word(s): Change in Forecast
07.10.2015 20:21
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Ad hoc announcement pursuant to § 15 WpHG
SINGULUS TECHNOLOGIES Cuts Forecasts for Business Year 2015
Kahl am Main, October 7, 2015 - In its forecast for the business year 2015
SINGULUS TECHNOLOGIES had projected to achieve stable order intake and
sales in the core segments Optical Disc and Solar. However, the two
segments Solar and Optical Disc have diverged significantly in the current
business year so far.
Although talks with key customers in the segment Optical Disc have not been
finalized, the Executive Board no longer thinks that it is probable for new
orders for the BLULINE II to be received in the next couple of months. In
addition, the talks about the new production technology for the upcoming
disc generation, the Ultra-HD Blu-ray Disc with a storage volume of up to
100 GB, do not foreshadow any progress at the moment, either. The lack of
expected new orders for Blu-ray impacts the sales and in particular the
earnings expectations considerably.
The course of business in the Solar segment is broadly in line with the
forecast, so that the target of doubling the previous year's level of sales
in the segment can be achieved probably.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: +49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: +49 (0) 1709202924
07.10.2015 The DGAP Distribution Services include Regulatory Announcements,
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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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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