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.
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 Share |
0.16 |
0.17 |
The order backlog at the end of the period totalled 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). 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.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main
ISIN: DE0007238909 / WKN: 723890