Singulus Technologies Provides Earnings Guidance for the Fiscal Year 2019 and 2020
March 28, 2019 at 03:15 am EDT
Singulus Technologies provided earnings guidance for the fiscal year 2019. The company expects sales and key earnings pursuant to IFRS to rise in the current fiscal year compared to the fiscal year 2018. Sales are forecast to amount to between EUR 135.0 million and EUR 155.0 million for the 2019 fiscal year. Operating earnings before interest and taxes (EBIT) is also overwhelmingly likely to grow and amount to between EUR 6.0 million and
EUR 11.0 million.
The company forecasts further growth in sales for 2020.