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First Sensor AG: Annual General Meeting Approves Dividend of EUR0.16 Per Share

2018-05-23
  • First Sensor: Annual General Meeting Approves Dividend of EUR0.16 Per Share
  • Majority of shareholders in favor of all agenda items
First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions, today held its Annual General Meeting for 2018. The shareholders approved the dividend of EUR0.16 per share by 99.99%. The dividend will be distributed on May 28, 2018. The other items on the agenda, including the remuneration system for Management Board members, were also passed with a large majority.

In his speech to shareholders, CEO Dr. Dirk Rothweiler illustrated the company's profitable growth strategy. He also gave examples of two high-growth applications that will continue to drive forward the company's market success. "Significant developments in industry, medical technology and the automotive industry are only possible through increased use of sensors. Our products and solutions for pressure and optical applications play an instrumental role in this respect and will be an important element in many ways - not only for vehicles of the future," said Rothweiler.

The Management Board also accounted for the result for the past fiscal year in addition to current business development, confirming the expectation that the company will close 2018 as a whole with sales of between EUR150 million and EUR160 million and an EBIT margin of 7-9%. The company's objective is to gradually increase the EBIT margin to 10%, as long as its growth opportunities remain at a high level in the medium to long term.

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. 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.
Competencies
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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