First Sensor AG

Earnings Release • May 8, 2001

News Details

Ad-hoc | 8 May 2001 19:16

Ad hoc-Service: Silicon Sensor Int. AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Quarterly results are better then expected, Silicon Sensor reports positive quarterly result for core business, Consolidated sales rose 93% During the first quarter 2001 (ending March 31), the Silicon Sensor Group increased the annual surplus for its core business by 30% – from KEuro 243 to KEuro 316. There was a 93% increase in consolidated turnover, from Euro 1,3 million (I/2000) to Euro 2,5 million and thus confirm the ambitious budgets for fiscal year 2001. EBITDA rose by 834% from KEuro 32 (I/2000) to KEuro 267 (I/2001). There was a 50% increase in EBIT after Goodwill from KEuro -112 (I/2000) to KEuro -74 (I/2001). Group results were affected by preparations for expansion and extra growth in the applications sector (Silicon Instruments GmbH), and by investment in U.S. production sites (Pacific Silicon Sensor Inc.), both budgeted. Consolidated loss after tax amounted to Euro 0.28 million is by KEuro 110 better then the budgeted loss for the first quarter. Back orders for the group rose by 158%, from von Euro 3.4 million to Euro 8.8 million. The number of employees worldwide now stands at 115, of these 7 outside Germany (I/2000: 42). The integration of Lewicki microelectronic GmbH is another step forward for the Group on its way to becoming a Global Player in the field of custom-designed sensor systems, with synergistic effects contributing to further growth and cost cutting. For more information see our web site: http:www.silicon-sensor.com or call +49 – (0)30 63 99 23 – 99 Silicon Sensor International AG Board of Directors end of ad hoc announcement (c) DGAP 08.05.2001 ——————————————————————————– WKN: 720190; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 081916 Mai 01