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

Publication of inside information pursuant to Article 17 MAR

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

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: +49 (0) 172 833 2224

E-mail: bernhard.krause@singulus.de