Equipment supplier, Singulus Technologies said it had exceeded all key financial figures in the first half of 2011 compared with the same period one year ago. Sales increased by 31% to €64.6 million, up from €49.3 million in same period one year ago. Order intake reached €115 million, up from €67.4 million for the same period in 2010, an increase of 70.6%.
Singulus Technologies said that its order backlog as of June 30, 2011 stood at €85.9 million, almost double the level of last year when the backlog stood at €45.5 million.
The company reiterated its forecast published on May 26, 2011 that it expected sales of more than €160 million and a positive full-year result for 2011.
Singulus Technologies will report final results for the period on August 10, 2011.