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SNG - Singulus Technologies AG News Story

€5.02 0.0  0.8%

Last Trade - 07/05/21

Micro Cap
Market Cap £38.9m
Enterprise Value £49.4m
Revenue £34.0m
Position in Universe 856th / 1050

BRIEF-Singulus now sees 2017 EBIT in low double-digits

Fri 11th August, 2017 7:00am
Aug 11 (Reuters) - Singulus Technologies AG  SNGGk.DE  
    * Projects a doubling of FY sales pursuant to ifrs compared 
with previous year 
    * Says operating result (EBIT) for group should come in at 
a low, positive double-digit million range 
    * Says in Q2 2017 sales in amount of eur 22.2 million were 
    * Says order backlog at June 30, 2017 amounted to eur 87.7 
    * Says in 2nd quarter 2017 EBIT stood at eur 1.1 million 
    * Says additional orders in area of wet-chemical machines 
are anticipated for 2017 
    * Says in particular with respect to wet-chemical machines, 
company is subject to high competitive pressures 
Source text for Eikon:  ID:nEQ4TLkqza  
Further company coverage:  SNGGk.DE  
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