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Contact:

Bernhard Krause
Singulus Technologies AG
Hanauer Landstrasse 103, 63796 Kahl am Main, Germany
Tel.:     +49 (0) 1709202924
Fax:     +49 (0) 61 88 - 4 40 - 1110
E-mail: Bernhard.Krause@Singulus.de
SINGULUS TECHNOLOGIES reports provisional figures at 30 September 2018 – 3rd quarter brings jump in revenue and profit – forecast for year confirmed
October 22, 2018

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.

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