Singulus Technologies suffers from low order intake in Q1

Facebook
Twitter
LinkedIn
Reddit
Email

First quarter 2013 new order intake at manufacturing equipment specialist, Singulus Technologies may have been at low level but sales in the quarter increased to €22.8 million.

Singulus noted that the weak solar market as well as seasonal trends in the optical disc segment had an impact on the order book comparison in the quarter. New order intake was €15.6 million, compared to €55.7 million in the same period a year ago, which was dominated by a large solar production line order worth €20.2 million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The company reported solar segment sales in the first quarter of €7.1 million, up from €5.2 million in the same quarter a year ago.

Increased sales supported a reduction in a negative EBIT of €4.9 million, compared to €5.7 million in the same prior year quarter.

The company had reduced its solar segment headcount by 40% in 2012 to combat the weak PV market as well as writing-off its coating process technology for standard solar cells. Singulus has solar segment sales in 2012 of €29 million, 26.8% of total annual revenue of €108.6 million, down from €160 million in 2011.

Read Next

September 2, 2025
Q Energy has reached financial close for Taurus B, a portfolio of seven solar PV plants in Spain with a combined capacity of 251.71MWp.
September 2, 2025
The Fraunhofer Institute for Solar Energy Systems (ISE) will build a pilot solar cell line in Germany to support US manufacturer Talon PV’s efforts to establish solar cell capacity in the US.
September 2, 2025
Spanish construction firm GES (Global Energy Services) has secured a contract to build a roughly 700MW solar-wind-storage hybrid project in Chile.
September 2, 2025
Ingeteam has supplied its INGECON SUN 3Power Series C liquid-cooled central PV inverters for a 640MW solar PV plant in Texas.
September 2, 2025
SMA Solar has forecast financial losses and further restructuring measures in 2025, as it responds to falling sales and a “challenging” market for residential and commercial renewable energy installations.
September 2, 2025
Swedish independent power producer (IPP) OX2 has appointed Matthias Taft as its new chief executive officer.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines