DGAP-Adhoc: First Sensor enjoys growth in first half of 2015 and raises sales and earnings forecast


First Sensor AG  / Key word(s): Half Year Results

29.07.2015 15:51

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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First Sensor's Shares: ISIN DE0007201907 Ι WKN (German Securities
Identification Number) 720190

Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart

First Sensor enjoys growth in first half of 2015 and raises sales and
earnings forecast

* Total sales for the first six months increased by 13.3 % year-on-year
* EBITDA increased by 11.8% 
* New target corridor for total sales: EUR 130-134 million 
* New target corridor for EBITDA: EUR 15-17 million

Berlin, July 29, 2015 - First Sensor AG remained on its growth path in the
first half of 2015. The provider of sensor technology increased its total
sales to EUR67.2 million in the first six months, up 13.3% on the same
period of the previous year. At the level of the individual segments, the
Industrial, Medical and Mobility segments also recorded double-digit growth
rates of between 10.8% and 15.0%. Regional sales growth was particularly
strong in the USA (+37%), Asia (+36%) and the company's domestic market of
Germany (+20%).

The positive sales performance was accompanied by an improvement in the
operating result (EBITDA), which increased by 11.8% year-on-year to EUR7.6
million despite the impact of higher procurement costs in US dollars. All
in all, the First Sensor Group recorded a net profit of EUR1.7 million.
This corresponds to an increase of around 63% on the first half of the
previous year.

The Group had orders on hand of more than EUR98 million as at June 30,
2015, an increase of EUR12.3 million compared with December 31, 2014.
Incoming orders declined slightly year-on-year to EUR78.2 million,
resulting in a ratio of incoming orders to sales (book-to-bill) of 1.16.

In light of the market growth, orders on hand, incoming orders and further
cost reductions in combination with the strategic and organizational
reorientation of the First Sensor Group, the Executive Board is
anticipating further growth in sales and earnings and is raising its
forecast for 2015. The new target corridor for sales is EUR130-134 million
(previously: EUR128-132 million), while earnings before interest, taxes,
depreciation and amortization (EBITDA) are expected to amount to EUR15-17
million (previously: EUR14-16 million).

First Sensor AG
The Management Board


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Information and Explaination of the Issuer to this News:

About First Sensor AG
First Sensor AG is one of the world's leading suppliers in the field of
sensor systems. Our company develops and manufactures standardized and
customized sensor solutions for applications in the Industrial, Medical and
Mobility growth markets. With over 800 employees, we are represented at six
German locations and also have development, production and sales sites in
the USA, Canada, Singapore, China, the Netherlands, Great Britain, France,
Sweden and Denmark along with a worldwide partner network. First Sensor AG
is a German public limited company and has been listed in the Prime
Standard of the German stock exchange in Frankfurt since 1999. For more
details on First Sensor, please visit http://www.first-sensor.com/.

Contact: 
first-sensor@hce.de
T +49 30 639923-760 Ι F +49 30 639923-719

29.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      First Sensor AG
              Peter-Behrens-Straße 15
              12459 Berlin
              Germany
Phone:        +49 (0)30 63 99 23-760
Fax:          +49 (0)30 63 99 23-719
E-mail:       ir@first-sensor.com
Internet:     www.first-sensor.com
ISIN:         DE0007201907
WKN:          720190
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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