Earnings Release • Mar 30, 2007
Earnings Release
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Corporate | 30 March 2007 07:50
SINGULUS Reports Figures 2006 and Informs About its Future Corporate Strategy
SINGULUS TECHNOLOGIES AG / Strategic Company Decision/Final Results
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Press Release
SINGULUS Reports Significant Sales and Earnings Increase in 2006 and
Informs About its Future Corporate Strategy
Kahl am Main, March 30, 2007 - The SINGULUS TECHNOLOGIES AG (SINGULUS)
reports a significant increase for the key financial figures in 2006
compared with the previous year.
The published sales forecast for 2006 of € 255-275 million was exceeded
with € 283.1 million (previous year: € 244.4 million). In addition, the
EBIT of € 4.0 million (previous year: € 2.1 million) and the net profit of
€ 11.1 million (previous year: € 7.3 million) were considerably above
previous year’s level.
The order intake in 2006, including the order intake in the fourth quarter
of € 46.6 million (previous year: € 70.5 million), increased by 28.3 %
to € 319 million. As of the end of the year, the order backlog increased
from € 60.9 million (2005) to € 81.5 million (2006).
As per February 28, 2007 SINGULUS TECHNOLOGIES held 89.61 % of the HamaTech
shares. The announced portfolio optimization was completed at the beginning
of 2007. With effect from October 1, 2006 the HamaTech AG sold 51 % of the
shares of its Slovakian subsidiary STEAG Electronic Systems. As of February
8, 2007 HamaTech sold the STEAG ETA-Optik to the Scandinavian company
AudioDev AB. The subsidiary HamaTech APE responsible for the photo mask
activities is further developed within the Group. Stefan A. Baustert, Chief
Executive Officer of the SINGULUS TECHNOLOGIES AG, comments: 'With the
acquisition of HamaTech an important consolidation step in the sector took
place, which will be decisive for the future success of the SINGULUS
TECHNOLOGIES Group. The combination of the two companies lays the
foundation for a technology and market leadership in all optical disc
formats'.
Stefan A. Baustert adds: 'The market of the 2nd format generation, the DVD,
will continue to grow in the next couple of years. This is also supported
by a large order for DVD machines from a big US customer, which we were
able to win in the 1st quarter of this year'. Research companies involved
with the optical discs market expect the total volume of sold DVDs to rise
from about 7.6 billion in 2007 to 9.6 billion in 2010 due to blockbusters
from Hollywood and the introduction of DVDs in Eastern Europe, China,
Africa and other regions.
With respect to HD DVD and Blu-ray SINGULUS TECHNOLOGIES is confident for
the year 2007. The cooperation with Sony DADC, Salzburg, Austria, for the
further development of production technology for the mass production of
Blu-ray Dual Layer Discs will continue to strengthen SINGULUS’ position in
the global market of optical discs.
Successful acceptance of the new machine concepts TIMARIS and OPTICUS –
first sales in both work areas SINGULUS achieved a breakthrough in 2006
with several orders for the business area TIMARIS deposition technology. In
the meantime the first machines have been delivered. A first machine was
accepted in Q1 2007 and recognized as sales. Due to the broad scope of
application of this technology, we have combined this work area in a
segment called 'Nano Deposition Technologies'.
Furthermore, in the 2nd work area, the segment 'Optical Coatings', the
first OPTICUS coating machine for plastic eye glass lenses was qualified
and accepted for production by a customer.
Decorative Coatings is developed into an independent work area.
In October 2006, a cooperation for the development of a production line for
the refining of plastic covers for mobile phone and portable gaming
consoles was concluded with the Balda AG, Bad Oeynhausen. The good
cooperation with a key customer offers SINGULUS the opportunity to enter
the market for decorative protective coatings with the currently most
innovative product in the sector and hence to successfully implement the
announced diversification strategy. A high level of interest and first
sales were already experienced for the metallizer 3DS in 2006. Additional
orders for integrated production lines for the processing of plastic
surfaces are expected in 2007.
Advanced Process Equipment (APE)
Advanced Process Equipment (APE) was able to continue its positive trend of
the preceding quarters in 2006. The order intake remained at a high level.
The business activities of the division were transferred to an independent
GmbH under the name HamaTech APE as of November 1, 2006. HamaTech APE was
able to further expand its leading role for equipment for the cleaning of
photo masks; its global market share in the sub-segment amounts to more
than 30 %. The demand for these machines is still high. Accordingly, we
expect the positive business trend to continue.
Short profile SINGULUS TECHNOLOGIES
In addition to the further development of our core activities Optical Disc,
we view the diversification as the most important goal and biggest
challenge for our company in the coming years.
In 2007, SINGULUS will focus on the following goals:
The increasing penetration of the new disc formats HD DVD and Blu-ray, the
stable market position in the photo mask area, the opportunities arising
from the new work areas Nano Deposition Technologies, Optical Coatings and
Decorative Coatings as well as our strategy to broaden our activities into
new work areas form the basis to secure the future of our company and to
generate new growth.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
For further information please contact:
Maren Schuster, Head of Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 1709202924
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
For further information please contact:
Maren Schuster, Head of Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 1709202924
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: [email protected]
www: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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