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Singulus Technologies: increase in sales over 9 months

Singulus Technologies: increase in sales over 9 months

KAHL AM MAIN (dpa-AFX) – Singulus Technologies AG (SGTSF.PK, SGTSY.PK), a German manufacturer of thin film deposition and wet processing equipment for industry, announced on Wednesday an increase in its sales for the first nine months. time of year.

For the nine months ended September 30, the company recorded an operating profit before interest and tax, or EBIT, of €1.9 million, compared to a loss of €5.6 million recorded for the same period last year.

Order intake jumped to 70.8 million euros compared to 32.3 million euros the previous year. “The semiconductor segment delivered a strong performance and contributed significantly to this success to the tune of €31.6 million,” the company said.

Sales increased to 61 million euros from 55.8 million euros a year ago.

For the full year, Singulus expects earnings before interest and taxes of between 1 million euros and 3.5 million euros, on a turnover of between 80 and 90 million euros.

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