Singulus Technologies AG

Earnings Release • May 8, 2002

News Details

Ad-hoc | 8 May 2002 08:09

Singulus Technologies AG english

SINGULUS TECHNOLOGIES Q1/2OO2 Ad hoc Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SINGULUS TECHNOLOGIES’ Order Intake Grows in Q1/2002 to 77.5 Million Euro; Revenues Reach 53.5 Million Euro. SINGULUS TECHNOLOGIES’ order intake grew to 77.5 million Euro in the 1st quarter of the year, a significant increase over the preceding quarter (51.5 million Euro) and 1st quarter in 2001 (48.8 million Euro). Revenues of 53.5 million Euro in Q1/2002 surpassed the figures for the 4th quarter (49.7 million Euro) as well as the 1st quarter (51.4 million Euro) in 2001. The order backlog at the end of the period totaled 79.7 million Euro. The gross margin is now 35.2%, up from 33.8% last year. The company has maintained a high level of profitability, recording after-tax earnings for period of 6.1 million Euro (5.9 million Euro last year). Euro (in Millions) Q1 2001 Q1 2002 Revenues 51,4 53,5 EBIT 9,2 9,2 Profits for Period 5,9 6,1 DVFA-SG Earnings per Shar 0,16 0,17 Growth in the DVD line business has progressed faster than anticipated this year with additional major orders expected in the second quarter. New growth is also projected for the recordable and rewritable DVD sector. Sales opportunities are uncertain only for the CD and CD-ROM sector and are dependent largely on Asian, particularly Chinese, demand. After a year of consolidation, our corporate objectives are once again directed towards revenue and earnings growth. The increase of order intake and current backlog confirm our growth projections for the current fiscal year. Further information: B. Krause, currently at Media-Tech Expo: +49-69-75 75 77 613, Mobile: +49-170-920 29 24 end of ad-hoc-announcement (c)DGAP 08.05.2002 ——————————————————————————– WKN: 723 890; ISIN: DE0007238909; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 080809 Mai 02