According to provisional figures, the First Sensor Group successfully concluded the first quarter of 2019. Sales are expected to be around €41 million and are therefore roughly 20% higher than in the previous year. These sales were achieved with a level of profitability that was further improved compared with Q1 2018 and 2018 as a whole. Thus EBIT is likely to reach €4 million. That would equate to an EBIT margin of 9.8%.
The profitable growth of the first quarter was driven by customer-specific solutions and standard sensors for the target markets Industrial and Medical, in which sales – at €22.2 million and €9.8 million respectively – were increased by more than 30% compared with Q1 2018. At the same time, internationalization also continues to advance, with sales up by more than 50% in both North America and Asia. In a geopolitical environment marked by continued volatility, the Mobility target market shows a decline in sales of around €1.4 million as at the reporting date due to call-off orders from framework agreements being postponed
For the remainder of the year, the Management Board confirms that it expects to achieve sales of between €160 million and €170 million and an EBIT margin of between 8.5% and 9.5%. Drivers for this will be sensors and sensor solutions from the product groups photonics and pressure in particular.
The Q1 2019 Report will be published on May 14, 2019.Downloads
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