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Singulus Technologies AG — Earnings Release 2011
Jul 26, 2011
394_rns_2011-07-26_51ca4d97-6658-485b-82de-9f9044d4f7e2.html
Earnings Release
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Corporate | 26 July 2011 07:30
SINGULUS TECHNOLOGIES Reports Preliminary Results for the 1st Half of 2011
SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results
26.07.2011 / 07:30
Press release
SINGULUS TECHNOLOGIES Reports Preliminary Results for the 1 st Half of 2011
* Sales for the 1 st half of 2011 above prior-year level (31.0 %)
* New order intake EUR 115 million (1 st half 2010: EUR 67.4 million)
* Positive EBIT in the 2 nd quarter
* Full-year forecast for 2011 with 33 % increase in sales and positive earnings reaffirmed
Kahl am Main, July 26, 2011 – The SINGULUS TECHNOLOGIES AG (SINGULUS) exceeded all key financial figures in the 1 st half of 2011 compared with the same period one year ago.
During the first six months of the business year 2011 an order intake of
EUR 115.0 million (previous year: EUR 67.4 million) was achieved. This corresponds to an increase of 70.6 % compared with the same period one year ago. The order intake in the 2 nd quarter was substantially higher than in the prior-year quarter in 2010. The order backlog as of June 30, 2011 amounted to EUR 85.9 million, nearly twice the level of last year (previous year: EUR 45.5 million).
Sales in the first six months of the year 2011 improved by 31.0 % to EUR 64.6 million (previous year: EUR 49.3 million). In the 2 nd quarter sales amounted to
EUR 44.9 million (previous year: EUR 27.8 million) with a positive operating result.
The Executive Board confirms its forecast published on May 26, 2011 of sales of more than EUR 160 million and a positive full-year result for 2011.
The final results for the 1 st half of 2011 will be published on August 10, 2011.
Profile SINGULUS TECHNOLOGIES AG:
SINGULUS plans to further expand its activities in the segments Solar and Optical Disc. The goal is to attain a leading position in the silicon and thin-film solar technology and to maintain the technologic leadership in the Optical Disc segment.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 6188 440 612/ +49 16096090279
Bernhard Krause, Corporate Communications,
Tel.: + 49 6181 98280 20/ +49 170 9202924
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
End of Corporate News
26.07.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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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 News | DGAP News-Service |
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