According to preliminary results Silicon Sensor International AG achieved sales of 32 million Euro in the first nine months of the current financial year. This means an increase of 54 % compared to the nine months period 2009. Q3 2010 sales alone amounted to 13 million Euro. Operating result (EBIT) of the nine months period improved by 4.0 million Euro from -1.5 million Euro in 2009 to 2.5 million Euro in 2010. Beginning realization of scale economies resulted in an increase of EBIT in Q3 to 1.5 million Euro compared to 1.3 million Euro in Q3 of the “pre crisis period” 2008.
All locations contributed to the good result. Apart from the overall economic recovery, which led to an increased demand by our customers, the sales and profit shift can also be attributed to the positive implications of the 2009 investments in capacity, enhancement of technology- and service portfolio, R&D and sales force.
Based on the results achieved so far, the management increases its forecast for full year 2010. Total sales are expected to be around 42 million Euro instead of 38 - 40 million Euro. EBIT expectations are raised from 1 million Euro to more than 3 million Euro.
All figures reflect the current and provisional status of the closing and may be subject to changes until the publication of the final numbers.
Final results and the full quarterly report will be published on Nov. 25th at http://www.silicon- sensor.de/ir.php.
Further information about the Silicon Sensor Group can be found on our website http://www.silicon-sensor.de or at +49 30 639923-710.
Silicon Sensor International AG
Board of Directors
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