SINGULUS TECHNOLOGIES Reveals Positive Interim Report for 2024

SINGULUS TECHNOLOGIES AG, headquartered in Kahl am Main, announced encouraging financial results for the first nine months of 2024. The company reported an increase in sales to €61.0 million from €55.8 million in the prior year. Operating earnings before interest and taxes (EBIT) turned positive at €1.9 million, a significant improvement from the previous year's €-5.6 million. Notably, the order intake more than doubled to €70.8 million, largely driven by the semiconductor segment, contributing €31.6 million.

SINGULUS TECHNOLOGIES also reported an increase in order backlog to €68.7 million from €61.3 million in 2023. The gross margin improved significantly to 32.3%, up from 24.3% the previous year. The company's workforce remained stable at 294. For 2024, the firm anticipates sales between €80.0 to 90.0 million and positive EBIT of €1.0 to 3.5 million. Key growth areas include solar cell production and semiconductors. The company emphasizes sustainable practices in its innovative production systems.