Singulus Technologies Faces Ambitious Targets Amidst Financial Challenges

The latest report by NuWays AG on Singulus Technologies AG presents a cautious outlook. Despite an anticipated 49% sales increase to €21 million, profitability remains elusive due to persistent challenges. The Semiconductor segment, displaying robust demand, is expected to boost gross-profit margins.

Cost-saving initiatives, such as the closure of the Fürstenfeldbruck site and relocating solar module assembly to China, aim to cut operational expenditures. However, Singulus has revised down its fiscal year sales guidance to €95-105 million, with EBIT projected at €3.0-6.5 million.

Financial stability beyond March 2025 hinges on securing long-term financing. Singulus focuses on expanding its innovative product line in microLED, hydrogen, and solid-state batteries to improve its financial outcomes. NuWays AG maintains a 'Hold' recommendation with a target price of €1.60.