New order intake at Singulus tops €73.1 million in the first half 2015

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PV manufacturing equipment specialist Singulus Technologies has reported new order intake for the first half of 2015 topped €73.1 million (US$80.2 million), significantly up from €25.2 million (US$27.7 million) in the prior year period. 

Singulus reported preliminary first half 2015 revenue of €29.2 million (US$32.0 million), inline with the prior year period of €30.1 million (US$33.0 million). The earnings before interest and taxes (EBIT) improved slightly from a negative EBIT of €12.5 million (US$13.7 million) in the prior year period to negative €9.8 million (US$10.8 million). 

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The company noted its order backlog as of June 30, 2015 stood at €57.9 million (US$63.5 million). 

Management noted that expected orders within its Solar and Optical Disc divisions in the next few weeks would determine meeting sales guidance for the full year. 

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