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The SINGULUS TECHNOLOGIES AG reports preliminary key financial figures for the 1st half-year 2023

  • Medical technology orders in high single-digit million range, further promising projects in progress
  • Decision on key solar projects expected in second half of 2023
  • Gross margin is at 26.7 %
  • Liquidity amounted to €17.6 million as of June 30, 2023

Kahl am Main, August 11, 2023 – The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) announces that revenues of € 41.7 million (previous year: € 44.2 million) were generated in the first half of 2023. The operating earnings before interest and taxes (EBIT) for the first half of 2023 amounted to € -0.7 million compared with € 1.5 million in the previous year. The second quarter of 2023 was positive with EBIT of €0.2 million (previous year: €1.4 million), showing a slight improvement compared to the first quarter of 2023.

At 26.7 %, the gross margin for the first half of 2023 was at the level of the previous year (26.8 %). The SINGULUS TECHNOLOGIES Group’s freely available liquidity amounted to € 17.6 million as of June 30, 2023, compared to € 18.7 million at the end of 2022. The order intake in this period amounted to € 24.1 million, compared to € 33.5 million in the previous year. Order intake in the second quarter was €10.0 million, compared to €27.1 million in the previous year. The order backlog as of June 30, 2023, amounted to € 67.2 million, compared with € 104.0 million in the previous year.

The number of employees in the SINGULUS TECHNOLOGIES Group decreased to 298 as of June 30, 2023, due to the closure of the production in Fürstenfeldbruck (December 31, 2022: 321 employees).

Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES, expressed optimism about the future of the company regarding further promising projects in the second half of the year. He emphasized that there are promising projects in all segments which are close to the decision-making phase. In addition, he said, the new hydrogen technology business area offered considerable potential for the coming years.

The company changed its forecast for fiscal 2023 after the end of the reporting period and published the new expectations on July 6, 2023. Due to delays in important projects in the Solar segment SINGULUS TECHNOLOGIES now expects sales within a range of € 90 million to € 100 million. EBIT has also been adjusted and is forecast in the low single-digit million € range. The achievement of these key financial figures assumes a scheduled development of the business activities in all segments.

Consolidated key figures SINGULUS TECHNOLOGIES pursuant to IFRS (unaudited)

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SINGULUS TECHNOLOGIES – Thin-Film Technology and Surface Treatment
SINGULUS TECHNOLOGIES develops and builds innovative machines and equipment for efficient production processes in thin-film technology and surface treatment, which are utilized world-wide in the markets of photovoltaics, semiconductors, medical technology, packaging, glass & automotive as well as batteries & hydrogen. The company’s core competencies include processes of coating technology, surface treatment as well as wet-chemical and thermal production processes. SINGULUS TECHNOLOGIES views sustainability as an opportunity to position itself with innovative products. In the focus are:

  • environmental awareness
  • efficient use of resources
  • avoidance of unnecessary CO2 pollution.

Responsible and sustainable corporate governance is very important to SINGULUS TECHNOLOGIES.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224

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