SINGULUS TECHNOLOGIES Reports Financial Results for 2019
(WorldNews Germany)

SINGULUS TECHNOLOGIES Reports Financial Results for 2019 March 24, 2020 Sales and earnings within expectations Gross margin at prior-year level Increase in sales and earnings planned for 2020 Already EUR 12.4 million prepayments received for large CIGS order COVID-19 pandemic impacts the short-term course of business Kahl am Main, March 24, 2020 - In the past business year 2019 SINGULUS TECHNOLOGIES achieved sales in the amount of EUR 79.4 million (previous year: EUR 127.5 million) pursuant to IFRS (International Financial Reporting Standards). In the period under review the operating result (EBIT) came to EUR -8.2 million (previous year: EUR 6.8 million). Due to the bankruptcy of a large customer in...