PV manufacturing equipment specialist Singulus Technologies said it would not meet previous revenue expectations for the year as potential orders within its Optical Disc business segment had not materialised.
Singulus noted that it still expected to achieve sales in its Solar segment that would be around double those achieved in 2014.
Dr.-Ing. Stefan Rinck, CEO of Singulus Technologies said: “In the past couple of weeks we were able to win additional key orders in the area of wet-chemical for the application of heterojunction technology.”
The company also noted ongoing CIGS thin-film projects and a Solar segment order backlog of over €57 million (US$64.3 million).
The company had previously noted that its order backlog as of June 30, 2015 stood at €57.9 million (US$65.3 million).
Although the company said it had cut full-year revenue guidance no figure was published.