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SINGULUS TECHNOLOGIES Reports Consolidated Annual Results for 2016

DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Final Results SINGULUS TECHNOLOGIES Reports Consolidated Annual Results for 2016 30.03.2017 / 08:30 The issuer is solely responsible for the content of this announcement. Press Release

SINGULUS TECHNOLOGIES Reports Consolidated Annual Results for 2016

- Sales in 2016 at EUR 68.8 million

- Earnings before interest and taxes at EUR -17.7 million

- Order intake amounts to EUR 152.1 million

- Successful completion of the financial restructuring

- Doubling of sales planned in 2017

- Positive EBIT in the low single-digit million euro range expected for 2017

Kahl am Main, March 30, 2017 - The SINGULUS TECHNOLOGIES AG reports for the fiscal year 2016 that gross revenue of EUR 68.8 million was generated, down on the prior-year figure of EUR 83.7 million.

Earnings before interest and taxes (EBIT) amounted to EUR -17.7 million in the reporting period (previous year: EUR -34.5 million). Adjusted for one-off expenses, EBIT amounted to EUR -17.3 million (previous year: EUR -18.2 million). A restructuring gain of EUR 41.2 million was recognized in the reporting year in connection with the bond restructuring. Overall, the financial result for fiscal year 2016 was EUR 37.8 million (previous year: EUR -8.8 million). The net profit for the period amounted to EUR 18.9 million in fiscal year 2016 (previous year: net loss of EUR 43.4 million).

Total order intake was up significantly on the prior-year figure to EUR 152.1 million in the reporting period (previous year: EUR 96.3 million). The major order with state-owned China National Building Materials (CNBM) in China in particular led to a year-on-year increase in order intake. The order backlog as of December 31, 2016 was EUR 109.9 million (previous year: EUR 26.6 million). Overall, cash and cash equivalents decreased slightly in the reporting period, declining by EUR 0.5 million to EUR 18.5 million as of December 31, 2016.