BRÈVE

sur SINGULUS TECHNOLOGIES AG (isin : DE0007238909)

NuWays AG Recommends Holding Singulus Technologies AG Stock

Graphique de l'évolution du cours de l'action SINGULUS TECHNOLOGIES AG (EBR:SNG).

On August 29, 2024, NuWays AG announced a "HOLD" rating for Singulus Technologies AG. This update comes after Singulus released its final Q2 report, which aligned with preliminary figures. Notably, an agreement on financing restructuring with CNBM was successfully concluded.

Q2 sales fell 21% to €20.1 million, yet the gross profit margin rose to 33.8% from 25.2% in Q2 2023. Operating expenses stayed constant, and EBIT increased to €0.5 million. While order intake rose 91% year-over-year to €19.1 million, it didn't meet expectations.

The Semiconductor segment showed growth, with sales reaching €3.7 million. However, sales in the Solar and Life Science segments decreased. The restructuring of Singulus' €20 million loan with CNBM was a key achievement. CNBM will cover financial obligations until March 2025, yet long-term concerns remain.

NuWays AG revised the rating to "Hold," setting a target price of €1.60.

R. H.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de SINGULUS TECHNOLOGIES AG