Sales 2024: € 75.9 million, EBIT -€ 0.7 million, order intake 2024: € 77.2 million
Realignment of the company for sustainable growth
Forecast for 2025 is revenue of €105 – 115 million with EBIT in the mid-single-digit million range
Kahl am Main, March 28, 2025
SINGULUS TECHNOLOGIES generated revenue of € 75.9 million (previous year: € 73.2 million) and improved the EBIT to € -0.7 million (previous year: € -10.1 million). The EBITDA was positive and improved to € 1.9 million (previous year: € -7.3 million). The gross margin improved significantly to 33.6 % (previous year: 22.3 %) due to a changed product mix. The order intake rose to € 77.2 million (previous year: € 43.1 million) and the order backlog amounted to € 77.4 million at the end of the year (previous year: € 76.1 million). “The successful reduction of the economic break-even point and the realignment of SINGULUS TECHNOLOGIES are the basis for a positive EBIT in the coming years,” said Markus Ehret, Board Member of SINGULUS TECHNOLOGIES. The number of employees remained stable in 2024, with the SINGULUS TECHNOLOGIES Group employing 289 people as of December 31, 2024 (previous year: 292 employees).
On March 25, 2025, the Supervisory Board of SINGULUS TECHNOLOGIES AG approved the annual financial statements, the consolidated financial statements, and the combined management report of the company for the 2024 fiscal year and adopted the annual financial statements. The publication of the annual report 2024 was published today, March 28, 2025, on the company’s homepage at: https://www.singulus.com/financial-reports/.
Realignment towards future markets
SINGULUS TECHNOLOGIES is vigorously pursuing technological development in order to position itself in high-growth future markets. Lars Lieberwirth, Board Member of SINGULUS TECHNOLOGIES: “We will increasingly focus on diversification and technological development in order to become less dependent on cyclical fluctuations in individual sectors and to tap into new revenue sources.” The combination of vacuum and wet-chemical processes enables SINGULUS TECHNOLOGIES to develop unique selling points for a wide range of applications. This will enable the company to achieve economies of scale in machine and plant engineering.
SINGULUS TECHNOLOGIES has expanded its position in the solar sector in recent years and is now the only European company to have expertise in both vacuum coating and wet-chemical processes, which are central production steps for thin-film and crystalline high-performance cells in photovoltaics. The development of processing systems for new cell formats such as perovskite/tandem cells is progressing successfully. The first orders have already been received.
In the coming years, SINGULUS TECHNOLOGIES will invest in the Semiconductor and Life Science segments, using innovations to open up new fields of work and further develop existing technologies in a targeted manner.
A particular focus is on developing new business areas in battery and hydrogen technology. In both areas, decisive milestones have already been reached, the first systems have been built and new orders have been received.
These developments underscore the future potential of SINGULUS TECHNOLOGIES’ strategic realignment.
