Volume sales will speak volumes, says Singulus


German PV equipment maker Singulus Technologies has reported €29.2 million (US$31.97 million) of sales for the first half of this year. The EBIT has improved slightly in 2015’s first half with -$10.73 million compared to the same period a year ago where it was $13.69 million.

Significant improvement was seen in the order intake for the first half of this year. Orders came to $80 million compared to last year’s $27.59 million. The order backlog as of the end of June is $63.4 million.

Singulus Technologies believes that its financial goals for 2015 will be driven by volume sales in the solar and optical disc divisions of its business. Whether the goals are met will become clear in the next couple of weeks according to the company.

Singulus Technologies’ CEO Stefan Rinck spoke with pv magazine recently on the company’s restructuring and plans ahead.