Brief: First Sensor FY Adjusted EBIT Up At EUR 13.5 Million

First Sensor AG

20/03/2020 09:57

March 20 (Reuters) - FIRST SENSOR AG  SISG.DE :
    * FY SALES OF EUR 161.3 MILLION AS EXPECTED AT LOWER END OF
GUIDANCE RANGE
    * FY ADJUSTED EBIT MARGIN OF 8.4 PERCENT JUST WITHIN TARGET
RANGE
DESPITE LESS FAVOURABLE MARKET ENVIRONMENT
    * GUIDANCE FOR 2020 FINANCIAL YEAR UNDER INFLUENCE OF CORONA
    * FY OPERATING RESULT (EBIT), ADJUSTED INCREASED BY 10.1
PERCENT
TO EUR 13.5 MILLION
    * EXPECTS REVENUES OF BETWEEN EUR 145 AND 155 MILLION IN
2020
    * SEES ADJUSTED EBIT MARGIN - BEFORE EXPENSES FOR MERGER
WITH TE
CONNECTIVITY SENSORS GERMANY HOLDING AG - OF 3.0 TO 6.0% DUE TO
LOWER SALES LEVEL

Source text for Eikon:  ID:nEQpLdCfa 
Further company coverage:  SISG.DE 

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