First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year
July 09, 2024 at 10:06 am EDT
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EQS-Ad-hoc: First Sensor AG / Key word(s): Change in Forecast
First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year
09-Jul-2024 / 16:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
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First Sensor AG: Adjustment of the guidance with regard to the planned investment volume for the 2024 financial year
Berlin, July 9, 2024 - On the basis of preliminary figures for the third quarter of the 2024 financial year (1 October 2023 - 30 September 2024), the Management Board of First Sensor AG ("First Sensor") has determined that the planned investment volume can no longer be realised over the remainder of the financial year. The main reason for the deviation is the weaker order situation, which has led to a change in prioritisation and the corresponding postponement of investment projects to the next financial year.
For this reason, the Management Board is revising its guidance and expects investments of EUR 5 to 7 million for the 2024 financial year, compared to the originally planned EUR 8 to 10 million.
The Nine-Month Report 2024 will be published on 14 August 2024.
Contact:
First Sensor AG
Investor Relations
ir@first-sensor.com
End of Inside Information
09-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone:
+49 (0)30 63 99 23-760
Fax:
+49 (0)30 63 99 23-719
E-mail:
ir@first-sensor.com
Internet:
www.first-sensor.com
ISIN:
DE0007201907
WKN:
720190
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
First Sensor AG is a Germany-based developer of sensor solutions. The Company manufactures customer-specific optical and non-optical semiconductor sensor systems. Its products are used for the conversion of non-electric variables, such as radiation, light, pressure, flow rate, speed, position, and fill level, into electric variables that are used in clientâs electronic systems. The Company also develops and manufactures customized hybrid circuits and products for microsystem engineering and advanced packaging. Its activities are divided into three business areas. In the Industrial segment, the Company provides products for length measurement, radiation and security, building automation and air-conditioning technology, industrial process control and aerospace. Applications in the Medical area include respiratory and anesthetic devices, dialysis and endoscopic equipment, as well as diagnostics. The segment Mobility offers driver assistance systems and pressure sensors, among others.
FIRST SENSOR AG 
