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SNG - Singulus Technologies AG News Story

€5 -0.0  -0.4%

Last Trade - 13/04/21

Sector
Industrials
Size
Micro Cap
Market Cap £38.7m
Enterprise Value £49.2m
Revenue £33.9m
Position in Universe 855th / 1046

BRIEF-Singulus Technologies H1 EBIT Turns To Loss Of EUR 14.3 Million

Wed 12th August, 2020 7:07am
Aug 12 (Reuters) - SINGULUS TECHNOLOGIES AG  SNGGk.DE :
    * H1 EBIT LOSS -14.3 MILLION EUR
    * H1 SALES 16.2 MILLION EUR
    * SALES IN AMOUNT OF EUR 16.2 MILLION IN FIRST HALF-YEAR
2020 WERE
SUBSTANTIALLY LOWER THAN PRIOR-YEAR LEVEL OF EUR 44.1 MILLION
DUE TO COVID-19.
    * IN Q2 2020 EARNINGS BEFORE INTEREST AND TAXES (EBIT) IN
AMOUNT
OF EUR -8.5 MILLION WERE REALIZED (PREVIOUS YEAR: EUR 0.5
MILLION)
    * EBIT IN FIRST HALF-YEAR 2020 DECLINED TO EUR -14.3 MILLION
(PREVIOUS YEAR: 1.6 MILLION)
    * END-JUNE ORDER BACKLOG OF EUR 77.0 MILLION (JUNE 30, 2019:
EUR
49.0 MILLION) WAS THEREFORE SIGNIFICANTLY ABOVE PRIOR-YEAR LEVEL
    * OUTLOOK FOR BUSINESS YEAR 2020 NOT POSSIBLE
    * H1 NET LOSS EUR 15.0 MILLION VERSUS EUR 0.0 MILLION YEAR
AGO

Source text for Eikon:  ID:nEQ9K0cD4a 
Further company coverage:  SNGGk.DE 

 (Gdansk Newsroom)
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