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SINGULUS TECHNOLOGIES AG, DE000A1681X5

SINGULUS TECHNOLOGIES AG, DE000A1681X5

28.07.2020 - 14:00:04

SINGULUS TECHNOLOGIES Reports Preliminary Results for the First Half 2020

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, D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5 Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 170 9202 924 Email: bernhard.krause@singulus.de  

28-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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

1104183  28-Jul-2020 CET/CEST

@ dgap.de