DGAP-Adhoc

SINGULUS TECHNOLOGIES Reports Preliminary Results For 2015

SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results

04.02.2016 21:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS Reports Preliminary Results For 2015

Kahl am Main, February 04, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) reports preliminary unaudited financial results for the
business year 2015. Sales amounted to about EUR 84 million in 2015 and were
thus above the prior-year level of EUR 66.8 million. Compared with 2014,
the order intake improved to about EUR 96 million (2014: EUR 60 million).
The order backlog stood at approx. EUR 26 million as of December 31, 2015
(2014: EUR 14.0 million).

While the order intake, sales and the EBIT in the Solar division increased
compared with the previous year, these key financial figures remained weak
in the Optical Disc segment. This is especially the case for sales of the
Blu-ray Disc production systems BLULINE II. SINGULUS TECHNOLOGIES has
responded to the changed market situation in the optical disc market and
has written down replication lines of the BLULINE II type for Blu-ray
Discs. The company expects only a few new orders for these production
systems in the future. The disc manufacturers are working on the market
introduction of the Ultra HD Blu-ray Disc. SINGULUS TECHNOLOGIES expects
that mainly investments in production equipment for Ultra HD Blu-ray Discs
will be made in the future.

These write-offs and other restructuring charges, which were incurred in
the business year 2015 due to the difficult situation of the company, have
adversely impacted the earnings before interest and taxes (EBIT) in 2015.
The EBIT including impairment and restructuring charges amounted to EUR -
33 to -35 million in the year under review (previous year: EUR -49.1
million). Excluding the impairment and restructuring charges an EBIT in the
amount of EUR -17 to -19 million (previous year: EUR -27.8 million) was
realized. The EBITDA amounted to EUR -26 to -28 million (previous year: EUR
-24.1 million.

As of December 31, 2015, the Group's liquidity amounted to EUR 19.0 million
(previous year: EUR 35.8 million).

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890

Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924


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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

End of Announcement DGAP News-Service

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