Ad-hoc | 4 November 2010 08:39
Silicon Sensor International AG / Key word(s): Quarter Results/Profit Warning
04.11.2010 08:39
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc message § 15 WpHG
Silicon Sensor International AG, Peter-Behrens-Straße 15, 12459 Berlin
Frankfurter Wertpapierbörse, Prime Standard
German Security no. 720190, ISIN DE0007201907
Very good Q3 results
lead to a considerable increase of profit forecast
Berlin, November 4th, 2010
According to preliminary results Silicon Sensor International AG achieved
sales of 32 million Euro in the first nine months of the current financial
year. This means an increase of 54 % compared to the nine months period
2009. Q3 2010 sales alone amounted to 13 million Euro. Operating result
(EBIT) of the nine months period improved by 4.0 million Euro from -1.5
million Euro in 2009 to 2.5 million Euro in 2010. Beginning realization of
scale economies resulted in an increase of EBIT in Q3 to 1.5 million Euro
compared to 1.3 million Euro in Q3 of the 'pre crisis period' 2008.
All locations contributed to the good result. Apart from the overall
economic recovery, which led to an increased demand by our customers, the
sales and profit shift can also be attributed to the positive implications
of the 2009 investments in capacity, enhancement of technology- and service
portfolio, R&D and sales force.
Based on the results achieved so far, the management increases its forecast
for full year 2010. Total sales are expected to be around 42 million Euro
instead of 38 - 40 million Euro. EBIT expectations are raised from 1
million Euro to more than 3 million Euro.
All figures reflect the current and provisional status of the closing and
may be subject to changes until the publication of the final numbers.
Final results and the full quarterly report will be published on Nov. 25th
at http://www.silicon-sensor.de/ir.php.
Further information about the Silicon Sensor Group can be found on our
website http://www.silicon-sensor.de or at 0049-30-639923-710.
Silicon Sensor International AG
Board of Directors
About Silicon Sensor
The Silicon Sensor Group is one of the worldwide leading developers and
producers of high quality customer specific sensor solutions meeting the
highest demands on technical excellence, reliability and precision. These
sensor solutions are decisive components of the products and applications
of our end customers. Examples are electronic yardsticks, tank pressure
sensors, solar altitude sensors and camera systems for vehicles, air
conditioning systems, X-ray units for baggage inspections, machine control
systems, space research, cancer operations, toll systems and measuring
instruments in the pharmaceutical industry.
Silicon Sensor develops and produces at different sites in Germany: at its
head office in Berlin, in Dresden and in Oberdischingen/ Ulm. In the US,
the group is represented in Westlake Village (California). Currently,
Silicon Sensor has more than 300 employees worldwide. The company is listed
in the Prime Standard of the German Stock Exchange (Frankfurt).
04.11.2010 DGAP's 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: Silicon Sensor International AG
Peter-Behrens-Straße 15
12459 Berlin
Deutschland
Phone: +49 (0)30 63 99 23-710
Fax: +49 (0)30 63 99 23-719
E-mail: ir@silicon-sensor.de
Internet: www.silicon-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
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