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SNG - Singulus Technologies AG News Story

€4.99 0.0  0.8%

Last Trade - 13/05/21

Sector
Industrials
Size
Micro Cap
Market Cap £37.8m
Enterprise Value £48.2m
Revenue £33.6m
Position in Universe 857th / 1053

BRIEF-Singulus Technologies Q1 EBIT Turns To Profit Of EUR 1.1 Million

Tue 14th May, 2019 7:16am
May 14 (Reuters) - Singulus Technologies AG  SNGGk.DE :
    * DGAP-NEWS: SINGULUS TECHNOLOGIES REPORTS RESULTS FOR THE
1ST
QUARTER OF 2019
    * POSITIVE OUTLOOK FOR BUSINESS YEAR 2019 - FURTHER INCREASE
IN
SALES AND EARNINGS
    * Q1 EBIT OF EUR 1.1 MILLION SIGNIFICANTLY IMPROVED
(PREVIOUS
YEAR: EUR -1.6 MILLION)
    * Q1 SALES OF EUR 20.8 MILLION INCREASED COMPARED WITH
PREVIOUS
YEAR
    * Q1 EBITDA OF EUR 2.0 MILLION WAS ALSO SIGNIFICANTLY ABOVE
PREVIOUS YEAR'S LEVEL OF EUR -1.2 MILLION
    * EXPECTS FY FURTHER INCREASE IN SALES AND EARNINGS COMPARED
WITH
PREVIOUS BUSINESS YEAR 2018
    * SALES IN BUSINESS YEAR 2019 SHOULD BE IN A RANGE FROM EUR
135.0
MILLION TO EUR 155.0 MILLION
    * OUTLOOK 2019: EBIT) SHOULD MOST PROBABLY ALSO DEVELOP
FAVORABLY
AND ARE PROJECTED TO BE IN A RANGE BETWEEN EUR 6.0 MILLION TO
EUR 11.0 MILLION

Source text for Eikon:  ID:nEQ3W0d0Ga 
Further company coverage:  SNGGk.DE 

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