Earnings Release • Oct 19, 2011
Earnings Release
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Ad-hoc | 19 October 2011 08:42
SINGULUS TECHNOLOGIES Reports Preliminary Results for the First Nine Months
SINGULUS TECHNOLOGIES AG / Key word(s): Quarter Results
19.10.2011 08:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to § 15 WpHG
SINGULUS TECHNOLOGIES Reports Preliminary Results for the First Nine Months
- Sales in the first nine months already exceed total sales in 2010
Result significantly positive
Order intake + 40.8 % in the period under review
Full-year forecast for 2011 with 33 % increase in sales and positive
earnings reaffirmed
Kahl am Main, October 19, 2011. - According to preliminary results the
SINGULUS TECHNOLOGIES AG (SINGULUS) generated sales of about EUR 121.8
million in the first nine months of the current business year and therefore
already exceeds the total sales in 2010 of EUR 120.1 million. The operating
result (EBIT) in the first nine months 2011 amounted to about EUR 6.3
million compared with EUR -13.1 million (before extraordinary charges) in
the first nine months of 2010. In the period under review the EBITDA
totalled approximately EUR 14.7 million. The business trend in the Solar
sector war impacted by uncertainty in the market in the past couple of
months. However, SINGULUS was successful in generating positive earnings on
an EBITDA basis in the Solar segment in the first nine months. The order
intake in the first nine months of 2011 also improved by 40.8 % to EUR
137.0 million (previous year: EUR 97.3 million).
The Executive Board confirms its sales forecast for 2011 of more than EUR
160.0 million with a positive full-year result published on May 26, 2011.
The final results for the nine months 2011 will be published at November 3,
2011.
ISIN: DE0007238909, WKN: 723890
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
19.10.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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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: [email protected]
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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