First Sensor AG

Earnings Release • Mar 3, 2010

News Details

Ad-hoc | 3 March 2010 04:24

Silicon Sensor International AG: positive results in Q4 – total annual loss lower than expected – increasing sales since midyear

Silicon Sensor International AG / Preliminary Results

03.03.2010 04:24

Dissemination 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 positive results in Q4 - total annual loss lower than
expected - increasing sales since midyear

March 03, 2010

Silicon Sensor International AG has reached total sales of 30.2 Mio. Euro
according to preliminary figures which means a decrease of 21% against the
previous year. Due to a good year end business, total annual loss was lower
than expected. EBIT was -1.1 Mio. Euro compared to - 10.9 Mio. Euro in the
previous year, which was burdened by considerable extraordinary
amortizations. Net loss was -1.7 Mio. Euro compared to -11.3 Mio. Euro in
the previous period. In Q4 the upward trend could be clearly perceived.
With sales of 9.3 Mio. Euro an EBIT of 0.4 Mio. Euro was achieved. Net
income was also positive at 0.2 Mio. Euro. Since July 2009 sales increased
month by month.

The company made use of the overall economically difficult year 2009 to
prepare itself for the resumption of the growth path. Two capital increases
brought equity of altogether 14.6 Mio. Euro. Liquid assets amounted to 17.1
Mio. Euro as of Dec 31st 2009, compared to 4.6 Mio. Euro in the previous
period. Equity was 35.4 Mio. Euro (22.4 Mio. Euro in the previous year)
which means an equity ratio of 58% (42% in the previous period). This
financial stability is an important parameter for our customers who are
engaged in long term service agreements when choosing their partners,
especially in times of economic crisis. The financial means which were
provided by our shareholders will be employed in the financing of our
future growth path. In 2009, we strengthened our sales force, fostered our
R&D projects and started the extension of our production capacity by
investing in new equipment. We will complete our product portfolio by the
means of acquisition and cooperations and we will encance our international
presence. In 2009 the accomplished merger of a number of operating
subsidiaries into the AG (Holding) enabled leaner internal processes.
Furthermore, the executed restructuring measures led to an extensive
reduction of fixed cost. Personnel cost decreased by 2.8 Mio. Euro and
other operating cost decreased by 1.0 Mio. Euro compared to 2008.

Management expects a growth in sales of at least 20% and at least a break
even result. The organic growth rate in the next three years should be 20%
minimum and return on sales should exceed 10% by 2012 at the latest.

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

03.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: 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, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

---