Brief: First Sensor FY EBIT Up At EUR 12.2 Million

First Sensor AG

21/03/2019 07:04

March 21 (Reuters) - FIRST SENSOR AG  SISG.DE :
    * CEO DR. DIRK ROTHWEILER APPOINTED UNTIL END OF 2023
    * PROPOSES DIVIDEND OF EUR0.20 PER SHARE
    * OUTLOOK 2019: FURTHER INCREASE IN EBIT MARGIN FROM 7.9% TO
8.5-9.5%
    * FY SALES ROSE BY 5.2% TO EUR155.1 MILLION (PREVIOUS YEAR:
EUR147.5 MILLION)
    * FY EBITDA INCREASED FROM EUR19.6 MILLION IN PREVIOUS YEAR
TO
EUR21.3 MILLION
    * FY EBIT ALSO IMPROVED BY 16.0% TO EUR12.2 MILLION
(PREVIOUS
YEAR: EUR10.6 MILLION)
    * AS AT DECEMBER 31, 2018, ORDERS ON HAND STOOD AT EUR97.6
MILLION
    * EXPECTS PROFITABILITY TO BENEFIT FROM ECONOMIES OF SCALE
AGAIN
IN 2019
    * EXPECT AN EBIT MARGIN BETWEEN 8.5% AND 9.5% FOR FISCAL
2019
    * BY 2020, LIKELY TO BE GENERATING A CONSISTENT EBIT MARGIN
OF 10%

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

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