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DGAP-News: First Sensor Increases Production Capacity for Pressure Sensors

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor Increases Production Capacity for Pressure Sensors

31.10.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


First Sensor Increases Production Capacity for Pressure Sensors

- Growing demand for the H series for demanding medical and industrial applications

- Besides Berlin-Weißensee, production will also take place in Puchheim, near Munich, in future

First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions in the growth market of sensor technology, is responding to rapidly growing demand for high-quality pressure sensors for medical and industrial applications by increasing production capacity for its H series standard sensors.

Measures at the Berlin-Weißensee location include optimization of batch sizes and product mix, improvements in the logistics chain and alignment of the testing and calibration hardware. In addition, new systems have been installed and a new shift model introduced. Furthermore, additional calibration capacity has been built up at the location in Puchheim, near Munich, thus ensuring greater flexibility in the production network.

"The measures initiated show that we can respond to increasing customer demand at short notice. We have already increased weekly output by 50% compared to the previous year. By the end of this year we want to have achieved an increase of 70%," declared CEO Dr. Dirk Rothweiler, whilst also announcing further investment for the coming year. "A market enjoying continued growth and increasing incoming orders for our H series are giving us the necessary momentum," he explained.

The H series pressure sensors measure ultra-low pressures of dry, non-corrosive gases in various applications. With performance features such as measuring accuracy, offset stability, a wide dynamic range and internal signal processing, they meet the technical requirements of the most demanding applications such as respiration or industrial process controls in a special way. Besides the DACH region - its largest sales market - demand for the H series is growing in Asia and North America above all.

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces standard products and customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Based on tried-and-tested technology platforms, we develop products from single chips to complex sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive growth extremely rapidly in the future. First Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

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31.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

739665  31.10.2018 

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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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