Brief: First Sensor raises FY 2016 EBIT margin guidance

First Sensor AG

14/10/2016 15:21

Oct 14 (Reuters) - First Sensor AG  SISG.DE : 
    * Raises guidance for EBIT margin following strong third 
quarter 
    * In Q3 of 2016, sales are expected to amount to 38.8 
million euros ($43.46 million), which corresponds to a 9.6 pct 
increase year-on-year (35.4 million euros) 
    * Sales of 114.7 million euros for first nine months of 
current fiscal year (previous year: 102.6 million euros) 
    * EBIT of 2.9 million euros in Q3 of 2016 (previous year: 
-0.7 million euros due to extraordinary effects) 
    * For year as a whole, management board had anticipated 
sales between 145 million and 150 million euros and an EBIT 
margin between 5 and 6 pct 
    * Based on latest estimate, sales are expected to fall 
within planned range at year-end, while EBIT margin is expected 
to be around one percentage point above planned margin and 
amount to 6 to 7 pct 
 
Source text for Eikon:  ID:nEQ7w4L6D  
Further company coverage:  SISG.DE  
 
($1 = 0.8928 euros) 
 
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