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Successful start to the year - First Sensor posts positive business development in Q1 2014

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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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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