DGAP-Adhoc

First Sensor AG: First Sensor AG raises guidance for EBIT margin following strong third quarter

First Sensor AG / Key word(s): Change in Forecast

14.10.2016 16:21

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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First Sensor's Shares: ISIN DE0007201907 Ι WKN (German Securities
Identification Number) 720190

First Sensor AG raises guidance for EBIT margin following strong third
quarter

According to preliminary estimates for the third quarter of 2016, the
Executive Board of First Sensor AG expects to exceed targets for the year
as a whole.

In the third quarter of 2016, sales are expected to amount to EUR38.8
million, which corresponds to a 9.6% increase year-on-year (EUR35.4
million). This resulted in sales of EUR114.7 million for the first nine
months of the current fiscal year (previous year: EUR102.6 million).

In the third quarter of 2016, the EBIT margin was above the planned target
of 5% to 6% and reached around 7.4%. This equates to EBIT of EUR2.9 million
in the third quarter of 2016 (previous year: -EUR0.7 million due to
extraordinary effects). After the first nine months of 2016, EBIT was
EUR8.4 million (previous year: EUR2.3 million) and the margin amounted to
7.3% overall.

For the year as a whole, the Management Board had anticipated sales between
EUR145 million and EUR150 million and an EBIT margin between 5% and 6%.
Based on the latest estimate, sales are expected to fall within the planned
range at year-end, while the EBIT margin is expected to be around one
percentage point above the planned margin and amount to 6% to 7%. This
positive development is the result of extensive efficiency improvements.

The full quarterly report will be published on November 10, 2016.


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Information and Explanation of the Issuer to this News:

About First Sensor AG
First Sensor AG is one of the world's leading suppliers in the field of
sensor systems. Our company develops and manufactures standardized and
customized sensor solutions for applications in the Industrial, Medical and
Mobility growth markets. With over 800 employees, we are represented at six
German locations and also have development, production and sales sites in
the USA, Canada, Singapore, China, the Netherlands, Great Britain, France,
Sweden and Denmark along with a worldwide partner network. First Sensor AG
is a German public limited company and has been listed in the Prime
Standard of the German stock exchange in Frankfurt since 1999. For more
details on First Sensor, please visit www.first-sensor.com.


First Sensor AG contact:
Peter-Behrens-Str. 15 Corinna Krause
12459 Berlin E-Mail: [e-mail]
Deutschland T [phone]

14.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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 Announcement DGAP News-Service

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