Singulus Technologies Aktiengesellschaft
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SINGULUS TECHNOLOGIES AG continues to experience rapid growth, first-half revenues reach DM 308 Million
SINGULUS TECHNOLOGIES AG experienced extraordinarily high worldwide demand for its DVD and CD/CD-ROM-manufacturing systems over the first half of the current fiscal year that boosted its (unaudited) revenues for the half to DM 308 million, two and one-half times that reported for the first half of the preceding fiscal year.
The company completed its move into its new plant at Kahl, Germany, without a hitch within a matter of weeks and was back operating at full capacity by the end of June, with no interruptions in manufacturing operations or deliveries of equipment to customers worthy of mention. Its current high backlog leads it to believe that revenues for fiscal year 2000 will exceed the currently forecast DM 600 million by a large margin.
SINGULUS TECHNOLOGIES AG's consolidated financial statements for the first half of the current fiscal year will be released on 28 July, 2000, at which time it will be in a position to release a revised forecast of its revenues and earnings through the close of the fiscal year.
Neue Anschrift: SINGULUS TECHNOLOGIES AG Hanauer Landstrasse 103, 63796 Kahl (Main) Tel.: 06188-440-292, Fax: 06188-440-110
Für weitere Informationen wenden Sie sich bitte an/To obtain further information, please contact: Bernhard Krause, MetaCom Corporate Communications GmbH, Tel.: ++49-6181-990240, Fax ++49-6181-990243, e-mail: B.Krause@go-metacom.de
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Original-Content von: Singulus Technologies Aktiengesellschaft, übermittelt durch news aktuell