DGAP-News: First Sensor AG / Key word(s): AGM/EGM
First Sensor: Annual General Meeting Approves Dividend of EUR0.16 Per Share
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.
About First Sensor
23.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||First Sensor AG|
|Phone:||+49 (0)30 63 99 23-760|
|Fax:||+49 (0)30 63 99 23-719|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|
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