on SINGULUS TECHNOLOGIES AG (isin : DE0007238909)
SINGULUS TECHNOLOGIES Reports Preliminary Financial Figures for H1 2024
SINGULUS TECHNOLOGIES AG has published its preliminary key financial figures for the first half of 2024. The company achieved sales of €40.7 million, slightly down from €41.7 million in the same period last year. Additionally, sales for Q2 2024 reached €20.1 million compared to €25.3 million the previous year.
The gross margin increased to 31.8% from 26.6%, while EBIT for the first half of 2024 turned positive at €1.2 million, recovering from a loss of €0.7 million last year. Order intake more than doubled to €52.3 million from €24.1 million, with an order backlog growing to €70.4 million.
In the semiconductor sector, SINGULUS TECHNOLOGIES received significant orders for its TIMARIS deposition systems, totaling €23.5 million. The company also secured a key development order for solid-state battery production systems. A new joint venture with JINCHEN SOLAR aims to enhance the photovoltaics industry, offering innovative solutions for TOPCon and HJT cell technologies.
R. E.
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