Earnings Release • Mar 28, 2007
Earnings Release
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Ad-hoc | 28 March 2007 08:10
Silicon Sensor International AG: Silicon Sensor set for further growth, doubles income
Silicon Sensor International AG / Final 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.
Silicon Sensor set for further growth, doubles income
March 28, 2007
After the takeover of MPD Microelectronic Packaging Dresden GmbH in
September 2005, the first business year together was a full success. The
takeover gave the Silicon Sensor group a new dimension, with 2006 sales
rising more than 100 %, from € 15.97 mn to € 32.64 mn. It is gratifying to
note that growth was due not only to the acquisition of MPD but organic for
the most part. The group in 2006 benefited from favorable macroeconomic
conditions. Profits grew even faster, and the operative result (EBIT) in
2006 rose 175 %, from some € 2.0 mn to about € 5.5 mn, giving Silicon
Sensor an EBIT margin of approx. 17 %. Profits after tax increased by 125 %
to € 3.0 mn.
Following a capital increase and rise in the number of shares in 2005,
earnings per share in the period under review were € 0.87, an improvement
of € 0.35 on the previous year (12/31/2005: € 0,52 ). The welcome trend is
continuing into the current quarter.
A particularly positive feature is the order backlog which grew by 101 %,
to € 20.5 mn, for the group as a whole (12/31/2006) compared with the
previous year (12/31/2005: € 10.2 mn). Staff levels increased from 222 on
12/31/2005 to now 240 full-time employees.
The accent during business year 2007 will be on laying the basis for future
growth. The foundation stone for extending the manufacturing site at
Dresden was laid as early as Sept. 23, 2006, and the new production areas
were scheduled for completion at the beginning of the 2nd quarter. The
foundation stone for building up the new factory at Berlin was laid March
21, 2007. It is assumed that the new factory building will be completed
during the current business year. Production at the new plant could then
start in the 1st quarter of 2008.
During the 2007 business year, the sales and operative earnings of
subsidiaries are expected to rise and because that, the planning for 2007
is a better operative result for the group compared with 2006.
The complete annual report will be published on March 28, 2007.
For more information see our website at: http://www.silicon-sensor.com
or call +49-(0)30 – 20 94 57 10
Silicon Sensor International AG
Board of Directors
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]
www: www.silicon-sensor.com
ISIN: DE0007201907
WKN: 720190
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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