Ad-hoc | 27 October 2015 19:06
SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results
27.10.2015 19:06
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement pursuant to § 15 WpHG
SINGULUS TECHNOLOGIES Reports Preliminary Financial Results for the First
Nine Months of 2015
Kahl am Main, October 27, 2015. - The financial key figures of the first
nine months of 2015 of SINGULUS TECHNOLOGIES were mainly impacted by the
weak course of business in the Optical Disc division. The lack of expected
new orders for Blu-ray impacts the sales and in particular the earnings in
2015 as well as in the previous year considerably.
During the first nine months of the current business year SINGULUS
TECHNOLOGIES recorded sales of EUR 57.7 million and is thus slightly above
the level of the prior-year period in the amount of EUR 52.8 million.
Sales in the 3rd quarter came to EUR 28.5 million (previous year: EUR 22.7
million). The loss on an operating level (EBIT) amounted to EUR -13.9
million in the first nine months of the current business year compared with
EUR -38,7 million incurred in the first nine months of 2014. During the
first nine months of the business year 2015 the order intake of EUR 84.4
million (previous year: EUR 48.4 million) was substantially higher than the
comparable figures one year ago. In the quarter under review the order
intake came to EUR 11.3 million (previous year: EUR 23.2 million). The
order backlog as per September 30, 2015 amounted to EUR 40.7 million and
was thus above the comparable level as of September 30, 2014 (EUR 15.9
million).
The cash flow in the first nine months was negative. Until September 30,
2015 the available liquid funds declined further by 19.2 million EUR from
EUR 35.8 million to EUR 16.6 million. The company has sufficient liquid
funds to finance its operating activities.
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
27.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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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