on First Sensor AG (isin : DE0007201907)

First Sensor AG Revises Investment Guidance for 2024 Fiscal Year

Berlin, July 9, 2024 - Based on preliminary figures for the third quarter of the 2024 fiscal year, First Sensor AG has announced an adjustment in its investment guidance. The planned investment volume for the fiscal year cannot be realized due to a weaker order situation. This has led to a shift in priorities and the postponement of several investment projects to the next financial year.

As a result, the Management Board now expects investments of EUR 5 to 7 million for 2024, down from the originally planned EUR 8 to 10 million. The new guidance reflects the current market conditions and aims to optimize the company’s financial strategy.

The Nine-Month Report for 2024 is scheduled for publication on August 14, 2024. Further details will be provided at that time.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all First Sensor AG news