DGAP-News

Business Trend and Situation of the SINGULUS TECHNOLOGIES Group for the 1st Half 2015

DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Half Year Results
Business Trend and Situation of the SINGULUS TECHNOLOGIES Group for
the 1st Half 2015

12.08.2015 / 07:45

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Press release

Business Trend and Situation of the SINGULUS TECHNOLOGIES Group for the 1st
Half 2015

- Order intake of EUR 73.1 million in the first half, order backlog at
EUR 57.9 million

- Sales still at low level as expected, EBIT of EUR -9.8 million after
six months

- Available liquidity of EUR 24.1 million as of June 30, 2015

- Proposed corporate actions approved by the AGM, implementation of
measures prepared

Kahl am Main, August 12, 2015 - The order intake of the SINGULUS
TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) of EUR 73.1 million in the 1st half
of 2015 was higher than the previous year's level of EUR 25.2 million. In
the quarter under review the intake amounted to EUR 10.3 million (previous
year: EUR 11.1 million). The order backlog increased compared with the
year-end 2014 and stood at EUR 57.9 million (June 30, 2014: EUR 15.4
million). The half-year sales for 2015 at EUR 29.2 million are slightly
below the prior-year level of EUR 30.1 million. In the 2nd quarter 2015
sales in the amount of EUR 16.6 million were above the level of EUR 13.4
million achieved in the same quarter one year ago. In the 1st half of 2015
earnings before interest and taxes (EBIT) came to EUR -9.8 million
(previous year: EUR -12.5 million). In the quarter under review the losses
were reduced compared with the prior-year period. In the 2nd quarter 2015
the EBIT stood at EUR -3.9 million (previous year: EUR -7.4 million).

On June 09, 2015, the ordinary Annual General Meeting of the SINGULUS
TECHNOLOGIES AG approved by majority all of the company's proposed
corporate actions and thus paved the way for a successful reorganization of
the capital structure.

The approved corporate actions are being prepared. SINGULUS TECHNOLOGIES
will inform the financial market in a timely and comprehensive manner about
the implementation of the individual steps.

The number of employees in the SINGULUS TECHNOLOGIES Group decreased from
352 salaried employees as of December 31, 2014 to 338 employees as of June
30, 2015.

Reaching the financial full-year goals for 2015 will materially depend on
the development of volume sales in the segments Solar and Optical Disc in
the next couple of weeks. In particular, the outcome of talks with major
disc producers with respect to investments in new Blu-ray Disc production
machines will impact the development of the key financial figures for the
current year.

For the Solar division we are convinced that our company has great