Singulus Technologies AG

Earnings Release • May 7, 2009

News Details

Corporate | 7 May 2009 07:30

SINGULUS TECHNOLOGIES announces first quarter figures 2009

SINGULUS TECHNOLOGIES AG / Quarter Results

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Press Release

SINGULUS TECHNOLOGIES announces
first quarter figures 2009
- Sales 35.4 Mio. EUR in the first quarter
- EBIT decreased to -4.9 Mio. EUR
- Gross profit margin improved significantly to 33.2 %
- Order intake was weak at EUR 17.4 million

Kahl am Main, May 07, 2009. The business results of the 1st quarter 2009 of
the SINGULUS TECHNOLOGIES AG (SINGULUS) reflect both the impacts of the
current global economic crisis as well as the specific situation of the
optical disc and solar industries. Sales of EUR 35.4 million in the 1st
quarter 2009 were higher compared with the same quarter of the previous
year (EUR 30.3 million). In the 1st quarter 2009 earnings before interest
and taxes (EBIT) in the amount of EUR -4.9 million (previous year EUR 0.3
million) were realized. This included restructuring charges of EUR 3.0
million related to the reduction of employees. In 2008, the slightly
positive EBIT of EUR 0.3 million in the 1st quarter included a one-time
positive earnings effect of EUR 15.6 million(extraordinary gain in
connection with the first-time consolidation of the Blu-ray activities
acquired from the Oerlikon Balzers AG).

The operating expenses (before extraordinary items) improved substantially
in the 1st quarter 2009 compared with the prior-year period. The expenses
for Research & Development, Sales & Marketing, Service and Administration
declined by nearly 20 % to EUR 13.4 million. The order intake was weak at
EUR 17.4 million (previous year: EUR 84.4 million).

The gross profit margin improved significantly to 33.2 % compared with the
previous year (21.7 %) and reflects the high share of Blu-ray and Solar
equipment of overall sales.

The company reduced the headcount at Kahl am Main by 54 employees as of
April 30, 2009. Further 36 employees were laid-off at international
subsidies. Since February 1, 2009 SINGULUS introduced short-time work in
Kahl am Main.

Due to the weak order intake in the first months of the current business
year and the general uncertainties regarding the development of the global
economy, SINGULUS cannot rule out a negative impact on the core activities
Optical Disc and Solar for the business year 2009.

Stefan A. Baustert, CEO of SINGULUS TECHNOLOGIES AG :'It is our goal to
position the company well for the future with a clear focus on the core
activities Optical Disc and Solar as well as with strict cost management.
Both the market for production machines for solar cells and the market for
Blu-ray production lines are young markets, which in our opinion will start
to grow sharply in the next couple of years. With our new products we see
ourselves well positioned for the future.'

. SINGULUS Group Figures IFRS (unaudited)

1. Quarter 2008 2009
Sales Mio. EUR 30.3 35.4
Order intake Mio. EUR 84.4 17.4
Order backlog 31.03. Mio. EUR 109.9 52.2
EBIT Mio. EUR 0.3 -4.9
EBITDA Mio. EUR 9.9 0.2
Net profit Mio. EUR 0 -6.1
Earnings per share EUR 0,01 -0.16
Employees 31.03. 758 684

Short Profile SINGULUS TECHNOLOGIES AG

SINGULUS TECHNOLOGIES is market leader for Blu-ray Disc and DVD/CD
production lines and is the only manufacturer globally to offer the
complete range of products: mastering, molding and replication lines.

With the acquisition of the STANGL Semiconductor Equipment AG SINGULUS
successfully entered the solar equipment market. The new business area
Solar will be strongly expanded in the next couple of years.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

For further information please contact:

Robert Adolph, Head of Investor Relations,

Tel.: + 49 (0) 6188 -440 612, or

Bernhard Krause, Communications Worldwide
Tel.: + 49 (0) 6181 982 80 20

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

For further information please contact:

Robert Adolph, Head of Investor Relations,

Tel.: + 49 (0) 6188 -440 612, or

Bernhard Krause, Communications Worldwide
Tel.: + 49 (0) 6181 982 80 20

07.05.2009 Financial News transmitted by DGAP

Language: English
Issuer: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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