SINGULUS TECHNOLOGIES AG, Kahl/Main, increased its revenues by 112% from 346.7 million DM in 1999 to 734.8 million DM in 2000. Fourth quarter revenues of 205.5 million DM (up 51.4% over the same period the year before) contributed significantly to this success. The corporation recorded an operating income (EBIT) of 182.7 million DM (previous year 87.6 million DM) and net income of 95.2 million DM (prior year 46.5 million DM) in fiscal 2000. Compared to other companies listed on the Neuer Markt, SINGULUS TECHNOLOGIES has attained a premier position in terms of overall earnings and return on revenues (pre-tax profits 2000: 27.4%; in 1999, 27.2%).
Revenues and market share were increased for all products in the company’s line business. Revenues for CD replication lines rose by 83.2% over last year to 348.6 million DM. In the third year since the introduction of the DVD replication line, revenues in this growth sector grew 320.5% over the year before to 252.8 million DM. At 71.8 million DM, revenues for recordable disc (CD-R) systems rose by 55.6% despite the difficult conditions in this market. By the 12/31/00 closing date, the order backlog had grown to 309.2 million DM (12/31/99: 395.3 million DM). Orders received in the 4th quarter of 2000 totaled 75.0 million DM and 648.8 million DM for the entire fiscal year (prior year 669.7 million DM).
Fiscal year 2000 was extraordinarily successful for the corporation. The reduced order intake experienced in the 4th quarter of 2000 and early in 2001 indicates that market developments are more likely to be cyclical in the years to come.
SINGULUS TECHNOLOGIES is extremely well positioned in this market situation. Business procedures were clearly optimized in fiscal 2000 following the company’s relocation to its new facilities. The company’s market leadership was additionally strengthened in the prerecorded CD and DVD sectors. The new MODULUS metallizer for the production of rewritable CD and DVD formats for video and PC applications (CD-RW and DVD-RW/RAM), was successfully introduced to the market in December 2000.
SINGULUS TECHNOLOGIES’ strong command of all machine technologies for optical data storage formats and solid financial position will enable it to expand its market share. SINGULUS TECHNOLOGIES expects a resurgence of order intake for all products this year, especially CD-R.
The Kahl-based company is very well positioned to utilize a consolidation phase in the market and, strengthened, attend to future growth.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/MainISIN: DE0007238909 / WKN: 723890