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Q1 2019: Provisional Figures Confirm Growth and Profitability Targets of First Sensor AG

2019-05-02

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%.

Hauptsitz der First Sensor AG

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.

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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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