T EURO |
9M 2000 |
9M 2001 |
Gross Revenues |
270.587 |
175.796 |
EBIT |
73.238 |
35.707 |
Earnings before Tax |
38.680 |
22.740 |
Cash-Flow from Operating Activities |
20.506 |
17.634 |
DVFA- SG Earnings per Share |
1,07 |
0,63 |
SINGULUS TECHNOLOGIES was able to increase its third quarter revenues to 71.3 million Euro (QIII/2000=112.3 million Euro), surpassing the previous two quarters. Revenues and earnings for the nine month period have progressed according to plan and are demonstrably better than those of other companies within our industry. The net order intake was 47.3 million Euro (QIII/2000=78.1 million Euro).
Net earnings of 22.7 million Euro (QIII/2000=38.7 million Euro) for the first nine months of the fiscal year and yet another double-digit net return of 13.8% (2000: 15.7 %) once again demonstrate the company's strong position in the market and high earning capability. For the first time, however, the marked reduction in order activity evident among our customers worldwide in recent weeks, leads us to expect that sales and earnings for the fourth quarter of the year will fall short of those recorded in the third quarter.
Based on current information we anticipate total yearly revenues to range between 215-225 million Euro. At 10-13% of net revenues, earnings for the entire year 2001 will remain within budgetary projections. Recent indications of a resurgence in project activity lead us to believe that our customers will soon be able to overcome these paralyzing shock effects.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/MainISIN: DE0007238909 / WKN: 723890