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ots Ad hoc-Service: Silicon Sensor Int. AG <DE0007201907> nine-month-report, Silicon Sensor continues its permanent growth

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Silicon Sensor International AG, WP-Kennnummer: 720 190
Silicon Sensor International AG, Security Identification Number:
720 190
Fact pursuant to @ 15 WpHG (Negotiable Instruments Act):
nine-month-report, Silicon Sensor continues its permanent growth
During the first nine months of this business year, the growth
rate of the Silicon Sensor Group has developed in accordance with
schedule. Compared to the same period last year, turnover increased
to more than 131%, that is to 6.6 million German marks. This is
particularly remarkable since customer relations only develop in the
course of several years of close co-operation in this scope of
business. The Silicon Sensor Group holds to its aim of nearly
doubling turnover in the year 2000.
With a profit of 0.5 million German marks, the result of all
operative German companies turned out clearly positive during the
first nine months. The consolidated loss of the first nine months,
resulting from the increased establishment of US production
facilities in packaging and from the structural organisation within
the AG (incorporated society), amounts to 1.28 million German marks.
It is particularly due to the increased establishment of the American
subsidiary corporation, which is considered to be an investment in
the future that will pay off considerably in the next few years, that
the positive scheduled result is being postponed to the year 2001.
Nevertheless, the break even for the Pacific Silicon Sensor Inc. is
still scheduled for and will also be reached in the year 2002.
During the first nine months, foundations were laid for further
growth of the Silicon Sensor Group. Upsurges particularly came from
the picture processing and building industry where new orders placed
by notable customers could be reported. As in the same periods of
last year, the volume of orders on hand, DM 7.2 millions at present,
developed to the amount of the corresponding turnover. The market for
sensor-products has a volume of several billion US dollars with a
continuously upward going trend. With just 12%, the proportion of
customized High Class Sensors has been rather low in this market up
to now. But the development clearly shows in which direction the
market is developing. The manufacturers of sensor-products are more
and more dependent on using customised High Class Sensors in order to
be able to stand up to the product innovations in the market - the
best basis for further growth of the Silicon Sensor Group.
There is further information available on our web site:
http://www.silicon-sensor.com or by phone: +49-(0)30-63 99 23-0.
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