EQS-Adhoc
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SINGULUS TECHNOLOGIES corrects forecast for fiscal year 2024 and reports positive financial figures for the first nine months in advance
- SINGULUS adjusts 2024 forecast to €80-90 million sales.
- Positive EBIT of €1.9 million in first nine months.
- Incoming orders surged to €70.8 million this year.
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EQS-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Forecast/Monthly Figures Publication of inside information pursuant to Article 17 MAR |
SINGULUS TECHNOLOGIES corrects forecast for fiscal year 2024 and reports positive financial figures for the first nine months in advance
Kahl am Main, November 7, 2024 - Due to delays in the awarding of orders planned in the budget for 2024 in the Solar segment and the associated postponements in the realization of sales, SINGULUS TECHNOLOGIES is adjusting its forecast for the current fiscal year to sales in the range of € 80.0 to 90.0 million and expects positive earnings before interest and taxes (EBIT) in the amount of € 1.0 to 3.5 million.
SINGULUS TECHNOLOGIES generated revenue of € 61.0 million in the first nine months of 2024 (2023: € 55.8 million). Earnings before interest and taxes (EBIT) were positive at € 1.9 million and exceeded the prior-year period (2023: € -5.6 million). At € 70.8 million, incoming orders were significantly higher than in the same period of the previous year (2023: € 32.3 million). At € 68.7 million, the order backlog as at September 30, 2024 was also up on the previous year (2023: € 61.3 million).
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Phone: + 49 (0) 160 9609 0279
Bernhard Krause, Company Spokesman, Phone: +49 (0) 172 833 2224
E-mail: bernhard.krause@singulus.de
End of Inside Information
07-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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: | 2025343 |
| End of Announcement | EQS News Service |
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2025343 07-Nov-2024 CET/CEST
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