Singulus posts solar sales of €36 million in 2009: expects order intake to improve
Hit by the global recession and weak solar equipment market in 2009, Singulus Technologies posted total revenue of €116.6 million for the business year 2009, compared to €212.1 million in 2008, approximately a 45% decline, year-on-year. Its solar business segment posted revenue of €36 million, down slightly from €37.9 million in 2008. However, 2009 results included the consolidated revenue of Stangl Semiconductor Equipment, which it recently acquired.