- Sales in the first nine months already exceed total sales in 2010
- Result significantly positive
- Order intake + 40.8 % in the period under review
- Full-year forecast for 2011 with 33 % increase in sales and positive earnings reaffirmed
Kahl am Main, October 19, 2011. - According to preliminary results the SINGULUS TECHNOLOGIES AG (SINGULUS) generated sales of about € 121.8 million in the first nine months of the current business year and therefore already exceeds the total sales in 2010 of € 120.1 million. The operating result (EBIT) in the first nine months 2011 amounted to about € 6.3 million compared with € -13.1 million (before extraordinary charges) in the first nine months of 2010. In the period under review the EBITDA totalled approximately € 14.7 million. The business trend in the Solar sector war impacted by uncertainty in the market in the past couple of months. However, SINGULUS was successful in generating positive earnings on an EBITDA basis in the Solar segment in the first nine months. The order intake in the first nine months of 2011 also improved by 40.8 % to € 137.0 million (previous year: € 97.3 million).
The Executive Board confirms its sales forecast for 2011 of more than € 160.0 million with a positive full-year result published on May 26, 2011.
The final results for the nine months 2011 will be published at November 3, 2011.