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EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Quarter Results
SINGULUS TECHNOLOGIES Reports Key Financial Figures for the Group for Q1 2024
2024-05-15 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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


2024-05-15 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.eqs-news.com  
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

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1903165 2024-05-15 CET/CEST

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May 15, 2024 02:00 ET (06:00 GMT)