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Singulus Technologies AG

Earnings Release Oct 7, 2015

394_rns_2015-10-07_955982ea-5d2c-4ce6-9790-144027d5030a.html

Earnings Release

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News Details

Ad-hoc | 7 October 2015 20:21

SINGULUS TECHNOLOGIES Cuts Forecasts for Business Year 2015

SINGULUS TECHNOLOGIES AG / Key word(s): Change in Forecast

07.10.2015 20:21

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.


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,
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: [email protected]
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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