Singulus Technologies Aktiengesellschaft
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SINGULUS TECHNOLOGIES AG Announces Closing Results as of 6/30/2000:
Midyear Earnings Climb 228% to 42.8 million DM, Revenues Increase to 309.6 million DM, Earnings Projections for 2000 Raised!
SINGULUS TECHNOLOGIES AG announces cumulative revenues of 309.6 million DM (1st half year 1999 = 120.8 million DM). Midyear earnings for this period totaled 42.8 million DM (midyear 1999 = 13 millon DM), more than tripling last year's earnings for the same period.
Orders received in the second quarter totaled 220 million DM and reflect the vigorous worldwide demand for DVD and CD/CD-ROM replication lines. Only the demand for once-recordable CD-R replication lines has slowed due to the current overcapacity in the market.
The order backlog rose to 506 million DM by June 30, 2000 (6/30/99 = 216 million DM).
Due to this unabated demand, revenue projections for the current fiscal year have been raised to 660 million DM. SINGULUS TECHNOLOGIES maintains its expectations for overproportionate earnings growth.
New Address:
SINGULUS TECHNOLOGIES AG Hanauer Landstrasse 103, D- 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