DGAP-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results Disclosure of Insider Information Pursuant to Art. 17 MAR SINGULUS TECHNOLOGIES Reports Preliminary Results for the First Half 2020 Kahl am Main, July 28, 2020 - The COVID19 pandemic has a significant impact on SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) in the first half of 2020. According to current calculations the sales generated by SINGULUS TECHNOLOGIES amounted to € 16.2 million in the first half 2020, below the prior-year level of € 44.1 million. The earnings before interest and taxes (EBIT) declined to € -14.3 million (previous year: € 1.6 million). The impacts from the COVID19 pandemic are still significant in all areas of the company and have a negative impact on the key financial figures for the first half of 2020. The order intake in the first half 2020 came to € 66.9 million, above the previous year's level of € 27.1 million. The order backlog of € 77.0 million (June 30, 2019: € 49.0 million) was also above the prior-year level. The cash and cash equivalents within the company amounted to € 6.4 million as of June 30, 2020. After the end of the reporting period, further payments received with a volume of € 13.5 million were received from the plant business. SINGULUS TECHNOLOGIES is still not able to provide an outlook including the specific adverse impact on the full-year 2020. SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
28-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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 Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1104183 |
End of Announcement | DGAP News Service |
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1104183 28-Jul-2020 CET/CEST
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