Corporate | 9 May 2014 10:17
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First Sensor AG / Key word(s): Preliminary Results
Press release
First Sensor AG
First Sensor’s Shares: ISIN DE0007201907 Ι WKN (German Securities Identification Number) 720190
Successful Start to the Year – First Sensor Posts Positive Business Development in
– 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
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
Contact:
End of Corporate News 09.05.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| 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: | 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 |