First Sensor AG

Earnings Release • May 28, 2009

News Details

Ad-hoc | 28 May 2009 07:50

Silicon Sensor International AG: Silicon Sensor braves the crisis

Silicon Sensor International AG / Quarter Results

Release 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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Silicon Sensor braves the crisis

May 28, 2009

During the first quarter of the 2009 business year, the Silicon Sensor
group had to face the insecurity and shock waves of a market in crisis.
Steps taken by the Management Board as early as the end of last year have
led to a positive operating result EBIT of EUR258,000 (March 31, 2008:
EUR1.7 mn), even though sales dropped dramatically by some 30 % to EUR6.9
mn compared with last year (March 31, 2008: EUR10.2 mn).

Although the impact from the slump was even worse during the 1st quarter of
2009, the result has confirmed expectations for the business year as a
whole as charted in the worst case scenario. It is therefore assumed that
the group's economic situation will not improve now but rather toward the
end of the 3rd quarter 2009. It is still a safe assumption that the company
has sufficient cash reserves for applying the business model successfully
and ending 2009 with a positive operating result. For this purpose, we will
put more staff on short time in the next few quarters and have enforced
redundancies in some departments while retaining productive capacity. The
difficult business environment should stabilize particularly with a host of
new development projects that augur well for our future, and the readiness
of a number of clients to resume call-offs in Q3.

Orders in hand reflect the group's present economic situation in all its
uncertainty and dropped by 39 % to EUR12.5 mn (March 31, 2009) compared
with last year (March 31, 2008: EUR20.7 mn). There was a staff reduction
from 322 on Dec. 31, 2008 to 315 at the end of the 1st quarter.

The complete quarterly report will be published today. For more information
visit our website at: http://www.silicon-sensor.com or call +49-(0)30 -
6399 23 710

Silicon Sensor International AG
Board of Directors
28.05.2009 Financial News transmitted by DGAP

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Language: English
Issuer: Silicon Sensor International AG
Wilhelminenhofstraße 76/77
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 Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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