First Sensor AG

Earnings Release • Nov 8, 2013

News Details

Corporate | 8 November 2013 10:06

First Sensor AG: First Sensor presents figures for first nine months of 2013 – good third quarter confirms forecast for year as a whole

First Sensor AG / Key word(s): Preliminary Results

08.11.2013 / 10:06

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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

First Sensor presents figures for first nine months of 2013 – good third quarter confirms forecast for year as a whole

Berlin, November 8, 2013 – First Sensor AG, a leading provider of high-quality, customer-specific sensor solutions that is listed in the Prime Standard, is presenting its provisional figures for the first nine month of fiscal year 2013 today.

In the third quarter of the current fiscal year, First Sensor AG generated consolidated EBITDA of EUR3.9 million, despite a slight decline in sales, and therefore the best quarterly result in the history of the company to date. Q3 EBITDA was up 36% on Q2 2013 EBITDA and 19% on the same quarter of the previous year.

In the first nine months of 2013, First Sensor AG substituted low-margin trading business with higher-margin sales from its own products in line with planning. Thus, EBITDA was virtually constant on the previous year at EUR 10.1 million despite a slight drop in sales (9M 2012: EUR10.2 million). At the same time, other operating expenses were reduced by EUR1.6 million.

Before extraordinary effects from integration costs in both years and a positive non-recurring effect from the sale of Heimann Sensor GmbH in 2012, EBITDA of EUR11.1 million (9M 2012: EUR10.5 million) was achieved in the current fiscal year, an increase of more than 5% as against the previous year.

The equity ratio has increased from 43% in Q3 2012 to now 48% in Q3 2013.

Earnings per First Sensor share amounted to EUR0.12 in the 2013 nine-month period (9M 2012: EUR0.13). Adjusted for integration costs, PPA depreciation and amortization in both years and the sale of Heimann Sensor GmbH in 2012, earnings per share matched the previous year’s level of EUR0.42.

The good third quarter allows the confirmation of the Executive Board’s revised planning for 2013 as a whole (see ad hoc disclosure of August 19, 2013).

The finalized figures and further information on business performance in the first nine months of fiscal year 2013 will be published in the Group’s quarterly financial report on November 28, 2013.

First Sensor AG

The Management Board

About First Sensor

First Sensor AG is a leading provider of high-quality, customer-specific sensor solutions in the in the life science, safety & security, automotive & transportation as well as industry. First Sensor was formed in Berlin 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

ir@first-sensor.com

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:	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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238767  08.11.2013