SINGULUS TECHNOLOGIES Reports Key Financial Figures for the Group for Q1
2024

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Quarter Results
SINGULUS TECHNOLOGIES Reports Key Financial Figures for the Group for Q1
2024

15.05.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Press Release

SINGULUS TECHNOLOGIES Reports Key Financial Figures for the Group for Q1
2024

* Key financial figures Q 1-2024 positive

* Gross margin at 29.4 %

* Outlook for 2024 positive

Kahl am Main, May 15, 2024 - SINGULUS TECHNOLOGIES reports key financial
figures for the Group for the first quarter of 2024. The order intake
increased to EUR 33.2 million in the first quarter of 2024 and was thus
significantly above the previous year's level of EUR 14.1 million. Incoming
orders are spread across all of the company's segments, although it should
be emphasized that the Semiconductor segment recorded the highest order
intake and further orders are expected here in the coming months. The order
backlog amounted to EUR 71.6 million as of March 31, 2024 (previous year: EUR
82.6 million).

Revenue amounted to EUR 20.6 million in the quarter under review, up on the
previous year's figure of EUR 16.3 million. At EUR 0.6 million (previous year: EUR
-0.9 million), earnings before interest and taxes (EBIT) improved compared
to the previous year and were slightly positive. SINGULUS TECHNOLOGIES'
freely available liquidity amounted to EUR 6.3 million as of March 31, 2024,
compared to EUR 11.5 million as of December 31, 2023. December 31, 2023. In
the first quarter of 2024, the gross margin reached 29.4 %, as in the 29.4%
in the previous year.

Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES: "We are working intensively
to open up new markets with promising growth potential." Dr. Rinck
continues: "We are focusing on markets in which our systems give us a unique
position compared to our competitors and create high added value for our
customers. We have therefore expanded our product range with coating systems
for hydrogen and battery technology applications."

Outlook for the 2024 fiscal year

For 2024, SINGULUS TECHNOLOGIES expects an increase in sales compared to
2023. The earnings situation is also expected to improve significantly.
Sales in the range of EUR 120.0 million to EUR 130.0 million are expected. EBIT
is expected to be in the low double-digit million range.

In order for the forecast to be achieved, current projects must be completed
without material and time delays and further significant new orders must be
realized in the coming months of 2024. This is particularly dependent on the
solar market developing positively in the most important target markets and
the successful implementation of the planned major projects in the Solar
segment. In addition, further significant orders will be concluded for the
Life Science and Semiconductor segments.

Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems
for efficient thin-film coating and surface treatment processes, which are
used worldwide in the Photovoltaics, Semiconductor, Medical Technology,
Packaging, Glass & Automotive as well as Battery & Hydrogen markets.

The company's core competencies include various processes of coating
technology (PVD sputtering, PECVD, evaporation), surface treatment as well
as wet-chemical and thermal production processes. SINGULUS TECHNOLOGIES sees
sustainability as an opportunity to position itself with innovative
products. In the focus are environmental awareness, efficient use of
resources and avoidance of unnecessary CO pollution.

SINGULUS TECHNOLOGIES attaches great importance to responsible and
sustainable corporate governance.

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

Contact: Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833
2224

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279


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   Language:       English
   Company:        SINGULUS TECHNOLOGIES AG
                   Hanauer Landstrasse 103
                   63796 Kahl am Main
                   Germany
   Phone:          +49 (0)1709202924
   Fax:            +49 (0)6188 440-110
   E-mail:         bernhard.krause@singulus.de
   Internet:       www.singulus.de
   ISIN:           DE000A1681X5, DE000A2AA5H5
   WKN:            A1681X, A2AA5H
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1903165

End of News EQS News Service
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1903165 15.05.2024 CET/CEST