Brief: First Sensor 9-month sales up 11.8 pct at 114.7 mln euros

First Sensor AG

10/11/2016 07:00

Nov 10 (Reuters) - First Sensor AG  SISG.DE : 
    * 9-month sales increase by 11.8 percent to 114.7 million 
euros ($125.42 million) 
    * On basis of these figures and with an eye on months ahead, 
we expect, as reported in October, to exceed our EBIT forecast 
from march 2016- CEO 
    * In Q3 of 2016, EBIT exceeded expected 5 pct to 6 pct and 
reached around 7.4 pct. This equates to EBIT of 2.9 million 
euros (previous year: -0.7 million euros) 
    * We now anticipate an EBIT margin of 6-7 pct for fiscal 
year 2016-CEO 
    * FY sales are expected to fall within planned range at 
year-end (145-150 million euros) 
    * Supervisory board has agreed with designated CEO of First 
Sensor AG, Dirk Michael Rothweiler, that he will take up his 
position on Jan. 1, 2017. 
    * Q3 net profit 1.7 million euros versus loss 1.3 million 
euros year ago 
 
Source text for Eikon:  ID:nEQ8nMqW6  
Further company coverage:  SISG.DE  
 
($1 = 0.9145 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))