Quarterly Report • May 27, 2010
Quarterly Report
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Ad-hoc | 27 May 2010 08:36
Silicon Sensor International AG: Quarterly results confirm upward trend
Silicon Sensor International AG / Quarter Results
27.05.2010 08:36
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Silicon Sensor International AG, Peter-Behrens-Straße 15, 12459 Berlin
Frankfurter Wertpapierbörse, Prime Standard
German Security no. 720190, ISIN DE0007201907
Quarterly results confirm upward trend
May 27, 2010
The upward trend at Silicon Sensor, which has already been visible in the
fourth quarter of the last year, continued in the past quarter. Sales of
Euro 8.9 million meant an increase of 28 % against the first quarter of
last financial year. Operating result (EBIT) almost doubled compared to Q1
2009 (0.5 million Euro vs. 0.3 million Euro). Three months surplus tripled
to 0.2 million Euro (0.06 million Euro). Orders outstanding also reflect
the upward trend: the value rose by 26 % to 15.9 million Euro compared to
12.5 million Euro a/o March 31, 2009. The balance continued to increase up
to date.
A positive cash flow from current business activities of 1.0 million Euro
has been achieved in the first quarter (-0.7 million Euro in the pervious
year's period). With total equity of 35.7 million Euro, which means an
equity ratio of 58 %, and liquid funds of 17.5 million Euro, the group sees
itself well prepared for future growth. Furthermore, important strategic
measures in the fields of overhead cost reductions, expansion of sales
activities and improvement of organizational efficiency have been completed
in the last months and will improve performance in upcoming periods.
With acquisition of First Sensor Technology GmbH Silicon Sensor has
enhanced its product range in the important next generation fields of MEMS
sensor technology (pressure, inclination and acceleration sensors). The
results of First Sensor will be consolidated in the group closing starting
Q2 2010.
For the current year we expect sales in the range of 38 to 40 million Euro
with a seven digit EBIT. Organic growth rate in the upcoming years is
expected to be 20 %. Return on sales shall exceed 10 % as soon as possible.
The complete quarterly report can bee seen at
http://www.silicon-sensor.de/ir.php. For more information please visit our
website at: http://www.silicon-sensor.com or call +49-(0)30/63 99 23 710.
Silicon Sensor International AG
Board of Directors
27.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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: [email protected]
Internet: www.silicon-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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