Singulus Technologies AG
SINGULUS TECHNOLOGIES announces key figures for Q1 2017
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Interim Report Press Release SINGULUS TECHNOLOGIES announces key figures for Q1 2017 – Sales significantly improved compared with 1st quarter one year ago – Positive operating result – High order backlog – Additional contract for the delivery of CIGS production machines signed Kahl am Main, May 12, 2017 – Sales within the SINGULUS TECHNOLOGIES Group (SINGULUS TECHNOLOGIES) amounted to At the beginning of March 2017, SINGULUS TECHNOLOGIES was able to sign a contract with another customer for the delivery of CIGS production equipment with a volume of more than EUR 20 million. The company expects the first prepayment and will have than the order intake. Excluding this delivery contract the order intake in the quarter under review thus only came to EUR 9.1 million (previous year: EUR 10.4 million).The profit margin was increased substantially, in the first three months of the business year 2017, a gross margin in the amount of 30.1 % (previous year: 16.5 %) was achieved. The headcount within the SINGULUS TECHNOLOGIES Group remained at a constant level of 315 employees as of March 31, 2017 (December 31, 2016: 318 employees). The Market for Production Machines for Solar Cells Dr.-Ing. Stefan Rinck, CEO: “The interest on part of the customers for the new production machines was high. For the market of machines for the production of heterojunction solar cells we have presented a new vacuum sputter machine in Shanghai under the brand name GENERIS PVD.” The new machine concept is based on an inline machine, which is able to vacuum coat up to 5,200 solar wafers per hour. With its flexibility and performance, the modularly built machine is directly targeting the requirements of the solar industry. Dr.-Ing. Stefan Rinck continues: “For wet-chemical applications, we have introduced the innovative inline processing machine LINEX for the cleaning and texturing of solar wafers. With its newly developed transport system, the machine guarantees a particularly careful treatment of solar wafers during the cleaning process.” Outlook for the Business Year 2017 In the current business year in the Solar division, sales are generated from the construction and commissioning of production machines, which are primarily based on a few major project orders. This particularly applies to orders for investments in production lines for thin-film solar modules on the basis of CIGS. Moreover, orders for production machines for crystalline high-performance cells (e. g. heterojunction cells) are expected. The forecast for the annual targets for 2017 mainly rests on the assumption that the solar market will develop favorably in both the CIGS segment as well
For all machines, processes and applications SINGULUS TECHNOLOGIES utilizes its know-how in the areas of automation and process technology in order to provide additional, attractive work areas with innovative products next to the existing application areas of Solar, Semiconductors, Coatings and Optical Disc. SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, 63796 Kahl am Main, Germany, WKN A1681X / ISIN DE000A1681X5 Contact:
12.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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, Munich, Stuttgart, Tradegate Exchange |
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