DGAP-Ad hoc: Singulus Technologies AG

DGAP-Adhoc: Singulus Technologies Reports Preliminary Results For 2015

SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results

04.02.2016 21:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS Reports Preliminary Results For 2015

Kahl am Main, February 04, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) reports preliminary unaudited financial results for the business year 2015. Sales amounted to about EUR 84 million in 2015 and were thus above the prior-year level of EUR 66.8 million. Compared with 2014, the order intake improved to about EUR 96 million (2014: EUR 60 million). The order backlog stood at approx. EUR 26 million as of December 31, 2015 (2014: EUR 14.0 million).

While the order intake, sales and the EBIT in the Solar division increased compared with the previous year, these key financial figures remained weak in the Optical Disc segment. This is especially the case for sales of the Blu-ray Disc production systems BLULINE II. SINGULUS TECHNOLOGIES has responded to the changed market situation in the optical disc market and has written down replication lines of the BLULINE II type for Blu-ray Discs. The company expects only a few new orders for these production systems in the future. The disc manufacturers are working on the market introduction of the Ultra HD Blu-ray Disc. SINGULUS TECHNOLOGIES expects that mainly investments in production equipment for Ultra HD Blu-ray Discs will be made in the future.

These write-offs and other restructuring charges, which were incurred in the business year 2015 due to the difficult situation of the company, have adversely impacted the earnings before interest and taxes (EBIT) in 2015. The EBIT including impairment and restructuring charges amounted to EUR - 33 to -35 million in the year under review (previous year: EUR -49.1 million). Excluding the impairment and restructuring charges an EBIT in the amount of EUR -17 to -19 million (previous year: EUR -27.8 million) was realized. The EBITDA amounted to EUR -26 to -28 million (previous year: EUR -24.1 million.

As of December 31, 2015, the Group's liquidity amounted to EUR 19.0 million (previous year: EUR 35.8 million).

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

04.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and 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: DE0007238909, DE000A1MASJ4 WKN: 723890, A1MASJ Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------