Singulus Technologies AG

Earnings Release • Feb 10, 2016

News Details

Ad-hoc | 10 February 2016 21:47

SINGULUS TECHNOLOGIES Publishes Outlook for the Current Business Year 2016

SINGULUS TECHNOLOGIES AG / Key word(s): Forecast

10.02.2016 21:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS TECHNOLOGIES Publishes Outlook for the Current Business Year 2016

Kahl am Main, February 10, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) today publishes its forecast for the business year 2016.

For the current business year SINGULUS TECHNOLOGIES projects sales in a
range from EUR 115 to 130 million as well as a balanced to slightly
negative EBITDA. The company still expects a slightly negative operating
result (EBIT) for 2016 in the range of EUR -2 to -6 million. It is expected
that sales will be split by more than 70% in the Solar division and around
20% in the Optical Disc segment. The company projects that the gross
margins in the Solar and Optical Disc segments will come in above the level
of 2015.

For 2017 the company expects a moderate improvement in sales compared with
the business year 2016. A slightly positive operating result (EBIT) and
correspondingly improved earnings before depreciation and amortization
(EBITDA) are expected.

The forecast for the full-year targets for 2016 is mainly based on the
assumptions that the Solar market will continue to perform favorably, the
currently discussed, extensive orders for production machines for thin-film
solar modules are realized and that additional orders in the area of
wet-chemical machines are received shortly. Furthermore, first sales with
the BLULINE III systems for the production of the Ultra-HD Blu-ray Discs
should be achieved and the service activities should deliver stable
contributions to earnings.

The restructuring of the corporate bond is an essential prerequisite for
the reorganization of the company, without which the planned growth cannot
be achieved from today's point of view. Therefore, according to the current
assessment of the Executive Board, the implementation of these measures and
the concurrent approval by the bondholders and shareholders is the only
feasible way to prevent an otherwise imminent insolvency of the company.

Disclaimer:
This publication contains future-oriented statements. These statements
reflect the current assessments, expectations and assumptions of the
Singulus Technologies AG and are based on information currently available
to the management and on which the forecast was based. The actual future
results of the Singulus Technologies AG may significantly deviate from the
mentioned forecasts due to other factors or assumptions stated in this
publication. In particular, these factors include changes in the general
economic situation, the competitive situation and the investment spending
of important customers. In addition, geopolitical changes, trade
restrictions, developments of financial markets, legal changes,
exchange-rate changes, changes in taxation and tariffs as well as similar
factors beyond the company's power can have an impact on future results.
The company reserves the right to only update the outlook in case of
significant changes of underlying assumptions.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890

Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

10.02.2016 The DGAP 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: bernhard.krause@singulus.de
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

End of Announcement DGAP News-Service

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