Singulus Technology turns €14.7-million nine-month profit

The figures Singulus are reporting are all earnings-before-interest-taxes-depreciation-amortization (EBITA). For the first nine months of 2011, the company also reports an operating profit of 6.3 million euros, compared with -13.1 million-euro losses for the same period last year.

Singulus’ Executive Board has also forecast 2011 sales of 160 million euros.

Despite "uncertainty in the market", Singulus has reported positive earnings, on an EBITA basis, in its solar segment.

The company recently announced its new vacuum coating copper-indium-gallium-(di)selenide (CIS/CIGS) machine, for which it has already received an order.

Singulus also reports that in the first nine months of 2011 it has worked on the "CIS-cluster tool" project, which hopes increase CIS/CIGS production efficiency. The project is a partnership between Singulus, Avancis, Heraeus Noblelight and the IfG Institute for Scientific Instruments.

The period saw Singulus release its second-generation "wet-chemical process machines Vitrum and Tenuis", for which intake orders of nine machines have already been received. The machines, "enables the coating of complex layer systems, which are composed of different materials and ensure high cell efficiency, operating times and optimized total costs of ownership."

Singulus is also a major supplier of the optical disk machinery supply industry. Its goal is to compliment this with new business through taking a, “leading position in the silicon and thin-film solar technology [industry] as a machine supplier as well as a development partner for new cell concepts.”