DGAP-News: First Sensor AG / Key word(s): Preliminary Results
First Sensor AG: Succesful start to the year - First Sensor posts
positive business development in Q1 2014
09.05.2014 / 10:17
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Press release
First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin, Germany
First Sensor's Shares: ISIN DE0007201907 Î WKN (German Securities
Identification Number) 720190
Successful Start to the Year - First Sensor Posts Positive Business
Development in Q1 2014
- Sales increased by 11% to EUR29.0 million
- Operating result (EBITDA) EUR3.5 million (+6.2%)
- EBIT EUR1.4 million (+28%)
- Successful strategic focus on four core areas of business
- Management Board confirms positive earnings forecast for financial year
2014
Berlin, May 9, 2014 - First Sensor AG, ISIN DE0007201907, makes a positive
start to the 2014 financial year. The provider of sensors and high-quality,
customer-specific sensor solutions increased its total sales by 11% year on
year to around EUR29 million in the first three months of 2014. The
operating result (EBITDA) at just under EUR3.5 million was around 6.2% up
on the comparative figure for the previous year. EBIT improved
significantly by approximately 28% to EUR1.4 million. The First Sensor
Group's consolidated net profit for the period thus came to EUR629
thousand, up around 44% on the comparative figure for the previous year.
There was also a positive development in incoming orders, which amounted to
over EUR30 million in the period under review, up almost 13% on the
previous year's figure.
The positive business development in the period under review is also the
result of the strategic and organizational realignment of the First Sensor
Group, which was introduced in 2013. Further milestones were achieved in
this regard during the first three months of the 2014 financial year. These
include the company's rigorous focus on the four rapidly growing business
areas of Medical, Mobility, Industrial and Engineering & Manufacturing
Services.
Positive earnings forecast for financial year 2014
In light of the positive growth outlook for all four core areas of business
and the positive business development during the first three months of
2014, the Management Board of First Sensor AG is confirming the earnings
forecasts made on March 18, 2014. According to these forecasts, the
Management Board expects to achieve total sales in the region of EUR114
million and EUR119 million and an operating result (EBITDA) of between
EUR13 million and EUR15 million in the 2014 financial year.
The consolidated interim financial report as at March 31, 2014, will be
available for download on the Internet from the Investor Relations pages
from May 28, 2014 (www.first-sensor.com/en/investor-relations).
First Sensor AG
The Management Board
About First Sensor
First Sensor AG is a leading provider of sensor solutions in the segments
Medical, Industry, Mobility and Electronic Engineering & Manufacturing
Services. First Sensor develops and manufactures high-quality,
customer-specific sensor solutions for the detection of light, radiation,
pressure, flow, level and acceleration. The company produces in-house and
along the value adding-chain from component to system level. First Sensor
was founded in Berlin more than 20 years ago and has been listed on the
Frankfurt Stock Exchange since 1999 [Prime Standard Î WKN (German
Securities Code Number): 720190 Î ISIN: DE0007201907 Î SIS]. Further
information on First Sensor can be found on the Internet at:
www.first-sensor.com.
Contact:
Simone Herrmann Î Head of Investor Relations
ir@first-sensor.com
T +49 30 639923-760 Î F +49 30 639923-719
End of Corporate News
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Language: English
Company: First Sensor AG
Peter-Behrens-StraÃe 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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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267498 09.05.2014
DGAP-News: First Sensor AG: Succesful start to the year - First Sensor posts positive business development in Q1 2014
| Quelle: EQS Group AG