Ad-hoc | 29 August 2001 07:01
Silicon Sensor Int. AG
english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Silicon Sensor reached positive Earnings in second quarter 2001
EBITDA 546 KEuro, EBIT 297 KEuro
Earnings after interest and tax are 155 KEuro
While the semi-conductor industry has been characterised by the negative news it
has reported over the last few months, the Silicon Sensor group has been able
to further expand its leading position in the development and manufacture of
optical high-end sensors. Silicon Sensor has been able to successfully separate
itself from the semi-conductor industrys global business cycles thanks to the
very broad range of sectors from which the users of high-end sensors come. Nor
do we expect that this will have a significant influence in the Silicon Sensor
group s continued expansion in future.
We are especially proud of having reached the break-even point with the Silicon
Sensor group on a quarterly basis. This result confirms our optimism for
excellent continued development in the near future.
In the second quarter 2001 the consolidated profit after tax and interest went
up by 794 KEuro from -639 KEuro (II/2000) to 155 KEuro and the EPS went up by
0.45 Euro from -0.37 Euro (II/2000) to 0.08 Euro.
The EBITDA went up by 1.042 KEuro from -496 KEuro (II/2000) to 546 KEuro
(II/2001). After goodwill and depreciation, the EBIT went up by 891 KEuro from
-594 KEuro (II/2000) to 297 KEuro (II/2001).
The Managing Board expects even higher growth rates for the group in the second
half-year of 2001. Profit expectations per share were initially raised to
approximately EUR 0.15 at 23 August 2001. Expansion in the American market
should be fully absorbed by 2002 with earnings per share likely increasing to
0.50 Euro.
The fully Half-year Report will be publicized today.
Berlin, 2001-08-29
Silicon Sensor International AG
The Executive Board
end of ad-hoc-announcement (c)DGAP 29.08.2001
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WKN: 720190; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
290701 Aug 01