Ad-hoc | 28 May 2003 08:09

Silicon Sensor Int. AG english

Silicon Sensor raised sales and earnings Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Silicon Sensor raised sales and earnings May 28, 2003 The Silicon Sensor groups attained a gratifying growth tempo in the first quarter of the 2003 business year. We are able to report positive business performance. As compared to the same time period in the previous year, turnover rose by 11 % from EUR 2.9 mn to EUR 3.2 mn. EBITDA rose by 74,000 Euro (13 %) from 585,000 Euro (March 31, 2002) to 659,000 Euro (March 31, 2003). The operating result EBIT increased by 68,000 Euro (22 %) from 315,000 Euro (March 31, 2002) to 383,000 Euro (March 31, 2003). Earnings after interest and taxes were improved by 72,000 Euro (31 %) from 231,000 Euro (March 31, 2002) to 303,000 Euro. Earnings per share totalled EUR 0.14 during the reporting period, improving by EUR 0.03 as compared to the same time period in the previous year (March 31, 2002: EUR 0.11). Despite the perceptible sales difficulties several of our customers are having in riding out the currently weak market environment the group s orders on hand decreased by only 16 % from EUR 9.13 million to EUR 7.67 million. The number of personnel employed by the Silicon Sensor group at the end of the quarter sank to a total of 104 employees (111 persons were employed at the end of the first quarter of 2002) as a result of the full utilisation of synergies between the subsidiary companies. For more information see our website: http://www.silicon-sensor.com or call +49-(0)30 – 63 99 23 – 99 Silicon Sensor International AG Board of Directors end of ad-hoc-announcement (c)DGAP 28.05.2003 ——————————————————————————– WKN: 720190; ISIN: DE0007201907; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart 280809 Mai 03