Earnings Release • May 9, 2014
Earnings Release
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Corporate | 9 May 2014 10:17
First Sensor AG: Succesful start to the year – First Sensor posts positive business development in Q1 2014
First Sensor AG / Key word(s): Preliminary Results
09.05.2014 / 10:17
Press release
First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin, Germany
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
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 Ι WKN (German Securities Code Number): 720190 Ι ISIN: DE0007201907 Ι SIS]. Further information on First Sensor can be found on the Internet at: www.first-sensor.com.
Contact:
Simone Herrmann Ι Head of Investor Relations
T +49 30 639923-760 Ι F +49 30 639923-719
End of Corporate News
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| 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: | [email protected] |
| 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 |
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