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SNG - Singulus Technologies AG News Story

€4.86 -0.1  -1.8%

Last Trade - 1:46pm

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 EBITDA swings to profit of 1.9 million euros

Fri 12th May, 2017 7:01am
May 12 (Reuters) - SINGULUS TECHNOLOGIES AG  SNGGk.DE : 
    * Q1 EBIT OF EUR 1.4 MILLION WAS POSITIVE (PREVIOUS YEAR: 
EUR -5.8 MILLION) 
    * Q1 EBITDA OF EUR 1.9 MILLION ALSO IMPROVED (PREVIOUS YEAR: 
EUR -5.2 MILLION) 
    * ORDER BACKLOG OF EUR 92.9 MILLION AS PER MARCH 31, 2017 
(MARCH 31, 2016: EUR 22.9 MILLION) 
    * FOR CURRENT FY FORECASTS A DOUBLING OF SALES PURSUANT TO 
IFRS COMPARED WITH PREVIOUS YEAR. OPERATING RESULT (EBIT) SHOULD 
COME IN AT A LOW SINGLE-DIGIT MILLION LEVEL FOR GROUP 
 
     
Source text for Eikon:  ID:nEQbCq2x2  
     
Further company coverage:  SNGGk.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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