Singulus is provided more detailed sales and earnings forecasts, as it attempts to convince bondholders to approve a credit-equity swap. It expects to register sales of between €115 and €130 million (US$130 - 147 million) in 2016, with solar comprising the vast bulk of its sales. The German company will require bondholders to accept the "restructuring of the corporate bond" put on the table by the company earlier this year to meet the forecast sales. The forecast for sales in 2016 and 2017 are well above those registered in past two years, and Singulus expects to achieve: "A slightly positive operating result (EBIT) and correspondingly improved earnings before depreciation and amortization (EBITDA)." Singulus recorded sales of €84 million (US$95 million) in 2015, up from €66.8 million (US$75.5 million) in 2014. The forecast is based on ...Den vollständigen Artikel lesen ...