Kahl am Main, 22 October 2018 – SINGULUS TECHNOLOGIES AG reports revenue of € 44.6 million (previous year: € 15.3 million) for the third quarter of 2018, with the positive operating result before interest and taxes (EBIT) for the quarter in the order of € 5.2 million (previous year: € -2.1 million). In the first nine months of the financial year the revenue increased to € 91.0 million (previous year: € 63.6 million). The EBIT in the amount of € 4.0 million exceeds the previous year (€ 0.4 million) substantially. These figures consequently show a marked improvement and are well up on those for the previous year. The order backlog at 30 September 2018 amounted to € 90.3 million (previous year: € 99.7 million).
SINGULUS TECHNOLOGIES expects for the fourth quarter of the business year a positive development and confirms the forecast for 2018 as a whole and revenue to be in the low triple-digit millions. The EBIT for the 2018 financial year should correspondingly reach the mid single-digit millions.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890