2014-05-09
- Sales increased by 11% to €29.0 million
- Operating result (EBITDA) €3.5 million (+6.2%)
- EBIT €1.4 million (+28%)
- Successful strategic focus on four core areas of business
- Management Board confirms positive earnings forecast for financial year 2014
Berlin, May 9, 2014 - First Sensor AG, ISIN DE0007201907, makes a positive start to the 2014 financial year. The provider of sensors and high-quality, customer-specific sensor solutions increased its total sales by 11% year on year to around €29 million in the first three months of 2014. The operating result (EBITDA) at just under €3.5 million was around 6.2% up on the comparative figure for the previous year. EBIT improved significantly by approximately 28% to €1.4 million. The First Sensor Group’s consolidated net profit for the period thus came to €629 thousand, up around 44% on the comparative figure for the previous year. There was also a positive development in incoming orders, which amounted to over €30 million in the period under review, up almost 13% on the previous year’s figure.
The positive business development in the period under review is also the result of the strategic and organizational realignment of the First Sensor Group, which was introduced in 2013. Further milestones were achieved in this regard during the first three months of the 2014 financial year. These include the company’s rigorous focus on the four rapidly growing business areas of Medical, Mobility, Industrial and Engineering & Manufacturing Services.
Positive earnings forecast for financial year 2014
In light of the positive growth outlook for all four core areas of business and the positive business development during the first three months of 2014, the Management Board of First Sensor AG is confirming the earnings forecasts made on March 18, 2014. According to these forecasts, the Management Board expects to achieve total sales in the region of €114 million and €119 million and an operating result (EBITDA) of between €13 million and €15 million in the 2014 financial year.
The consolidated interim financial report as at March 31, 2014, will be available for download on the Internet from the Investor Relations pages from May 28, 2014 (www.first-sensor.com/en/investor-relations).
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