Brief: First Sensor Q1 sales up 12.7 pct at EUR 37.5 million

First Sensor AG

02/05/2016 07:36

May 2 (Reuters) - First Sensor AG  SISG.DE : 
    * Q1 EBIT improving to 2.2 million euros ($2.52 
million)(previous year: 1.5 million euros) 
    * Is confirming its 2016 forecast of an increase in sales to 
145-150 million euros, with EBIT margin initially expected to 
reach between 5 pct and 6 pct 
    * Q1 sales up 12.7 pct at 37.5 million euros 
    * Over coming years EBIT margin is to be gradually improved 
to 10 pct, while annual sales growth of around 10 pct is 
anticipated 
 
Source text for Eikon:  ID:nEQ38kLsGa  
Further company coverage:  SISG.DE  
 
($1 = 0.8732 euros) 
 
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