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EQS-Adhoc: First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year

EQS-Ad-hoc: First Sensor AG / Key word(s): Change in Forecast
First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year

09-Jul-2024 / 16:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year

Berlin, July 9, 2024 - On the basis of preliminary figures for the third quarter of the 2024 financial year (1 October 2023 - 30 September 2024), the Management Board of First Sensor AG ("First Sensor") has determined that the planned investment volume can no longer be realised over the remainder of the financial year. The main reason for the deviation is the weaker order situation, which has led to a change in prioritisation and the corresponding postponement of investment projects to the next financial year.

For this reason, the Management Board is revising its guidance and expects investments of EUR 5 to 7 million for the 2024 financial year, compared to the originally planned EUR 8 to 10 million.

The Nine-Month Report 2024 will be published on 14 August 2024.



Contact:
First Sensor AG
Investor Relations
ir@first-sensor.com


End of Inside Information

09-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1942655

 
End of Announcement EQS News Service

1942655  09-Jul-2024 CET/CEST

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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