Earnings Release • May 29, 2008
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 29 May 2008 07:03
Silicon Sensor International AG: Start of the business year within scope of expectations
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.
Start of the business year within scope of expectations
May 29, 2008
Despite of additional endeavours made for future growth the Silicon Sensor
Group performed satisfactorily in the first quarter of 2008 (Q1 2008). The
sales increased by 4 % to € 10.169 mn (31.03.2007: € 9.767 mn). The
EBIT-Margin in Q1 2008 of approximately 17 % equates the average
EBIT-margin of 2007.
Increased material costs plus higher personnel costs caused a reduction of
EBITDA by 24 % from € 3.17 mn (31.03.2007) to € 2.4 mn (31.03.2008) as well
as EBIT by 28% from € 2.36 mn (31.03.2007) to € 1.704 (31.03.2008). The net
income after interest and tax reduced by € 0.26 mn from € 1.313 mn
(31.03.2007) to € 1.053 mn. The earnings per share of the reporting period
amount to € 0.27 and thus are € 0.10 below the excellent previous year
result (Q1 2007: € 0.37). The performance of the order back log remained
behind our expectations for Q1 2008. The order back log diluted by 9 % to €
20.7 mn (31.03.2008) compared to the previous year’s level (31.03.2007: €
22.86 mn). The headcount increased from 268 (31.03.2007) to 311.
Our expectations for a challenging business year 2008 are in terms of sales
an amount of € 38 mn and an EBIT between € 4.5 mn and € 6.5 mn. The reduced
mid term plan for the period 2009 to 2010 will be presented by the board in
the annual general meeting on June 18, 2008.
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 – 20
94 57 10
Silicon Sensor International AG
Board of Directors
29.05.2008 Financial News transmitted by DGAP
Language: English
Issuer: Silicon Sensor International AG
Charlottenstraße 57
10117 Berlin
Deutschland
Phone: +49 (0)30 2094-5710
Fax: +49 (0)30 2094-5719
E-mail: [email protected]
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
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.