2008-02-27
In 2007 the Silicon Sensor Group has achieved the best result in the company’s history. Sales increased in comparison to the previous year by approximately 13% to more than 37 million Euros (31.12.2006: 32.64 million Euros). The profitability of the group increased further. The EBIT increased disproportionately by 19%. It grew by 1 million Euros from 5.5 million Euros (31.12.2006) to approximately 6.5 million Euros (31.12.2007). The net income rose by approximately 44 % or by approximately 1.3 million Euros from 3.0 million Euros (31.12.2006) to approximately 4.3 million Euros. The Earnings per Share for 2007 amount to roughly 1.18 Euro, which is an increase by 0.31 Euro or about 37% compared to the previous year (31.12.2007: 0.87 Euro).
The progression in the order back log is positive. The order back log increased by 11 % to 22.76 million Euros (31.12.2007) compared to the previous year (31.12.2006: 20.52 million Euros).
All figures reflect the current and provisional status of the consolidated annual financial statements and may be amended on the basis of audit findings. The complete annual report will be published on March 28, 2008.
Supervisory Board and Board of Directors will decide on a dividend for 2007 by end of March 2008.
In 2008 the group will continue its growth path. Sales will increase from 37 million Euros (31.12.2007) to approximately 38 million Euros. Silicon Sensor Group will focus on the completion of the new sensor fabrication building in Berlin. Due to this one-time-effects caused by the construction of the new sensor production site, and the time lag for orders in the packaging business, the board of directors expect an EBIT, which is nearly the same as in year 2007. To reach company´s goals in 2008 actions are initiated to intensify sales and decrease costs. Starting with the business year 2009 growth rate will increase further.
For more information see our website at: http://www.silicon-sensor.com or call +49 30 20945710.
Silicon Sensor International AG
Board of Directors
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