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SNG - Singulus Technologies AG News Story

€5.02 0.0  0.8%

Last Trade - 07/05/21

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

BRIEF-Singulus Technologies FY EBIT Improves To EUR 6.8 Mln

Thu 28th March, 2019 7:17am
March 28 (Reuters) - Singulus Technologies AG  SNGGk.DE :
    * INCREASE IN SALES AND EBIT FOR 2019 PLANNED
    * FY EBIT IMPROVED SIGNIFICANTLY TO EUR 6.8 MILLION IN 2018 (PREVIOUS YEAR: EUR -1.2
MILLION)
    * SALES FORECAST TO AMOUNT TO BETWEEN EUR 135.0 MILLION AND EUR 155.0 MILLION FOR 2019
FISCAL YEAR
    * FORECASTS FURTHER GROWTH IN SALES FOR 2020
    * EBIT IS ALSO OVERWHELMINGLY LIKELY TO GROW AND AMOUNT TO BETWEEN EUR 6.0 MILLION AND EUR
11.0
MILLION IN 2019
    * OPERATING RESULT (EBIT) SHOULD INCREASE ACCORDINGLY IN 2020
    * SALES OF 127.5 MILLION FOR BUSINESS YEAR 2018 (PREVIOUS YEAR: EUR 91.2 MILLION)
    * PROFIT IMPROVED TO EUR 0.8 MILLION IN FISCAL YEAR 2018 (PREVIOUS YEAR: EUR -3.2 MILLION)

Source text for Eikon:  ID:nEQ66qB7ha 
Further company coverage:  SNGGk.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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