SINGULUS TECHNOLOGIES AG / DE000A1681X5

SINGULUS TECHNOLOGIES corrects forecast for fiscal year 2024 and reports positive financial figures for the first nine months in advance

EQS-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Forecast/Monthly Figures


07-Nov-2024 / 19:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, 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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Publication of inside information pursuant to Article 17 MAR 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: [phone] E-mail: [e-mail]

End of Inside Information

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07-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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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:	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