First Sensor AG

Earnings Release • May 29, 2002

News Details

Ad-hoc | 29 May 2002 08:04

Silicon Sensor Int. AG english

Silicon Sensor on solid growth course Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Silicon Sensor on solid growth course Positive quarterly results confirms group strategy May 29, 2002 The Silicon Sensor groups attained a solid growth tempo in the first quarter of the 2002 business year, despite the fact that overall economic framework conditions have continued to worsen since the end of the business year 2001. We are able to report positive business performance. As compared to the same time period in the previous year, turnover rose by 13 % from EUR 2.55 million to EUR 2.9 million. EBITDA rose by 373 TEuro from 212 TEuro (31 March 2001) to 585 TEuro (March 31, 2002). The operating result EBIT increased by 397 TEuro from -82 TEuro (March 31, 2001) to 315 TEuro (March 31, 2002). Earnings after interest and taxes were improved by 518 TEuro in the past quarter, from a loss of -287 TEuro (March 31, 2001) to a profit of 231 TEuro. The result is thus approximately 200 TEuro above target figures, which foresaw consolidated profits of 13 TEuro in the period under review. Earnings per share totalled EUR 0.11 during the reporting period, improving by EUR 0.28 as compared to the same time period in the previous year (March 31, 2001: EUR -0.17). Back orders for the group rose by 3%, from von Euro 8.88 million (March 31, 2001) to Euro 9.13 million. The number of employees worldwide now stands at 111, of these 5 outside Germany (I/2001: 115). For more information see our web site: http:www.silicon-sensor.de or call +49-(0)30-63 99 23 – 99 Silicon Sensor International AG Board of Directors end of ad-hoc-announcement (c)DGAP 29.05.2002 ——————————————————————————– WKN: 720190; ISIN: DE0007201907; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 290804 Mai 02