02.04.2014
First Sensor AG DE0007201907
First Sensor AG: New Structure in Place: First Sensor Focuses on Four Growing Areas of Business
(DGAP-Media / 02.04.2014 / 13:30)
Press release
First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin, Germany
First Sensor's Shares: ISIN DE0007201907 Ι WKN (German Securities
Identification Number) 720190
New Structure in Place: First Sensor Focuses on Four Growing Areas of
Business
Strategic resolution implemented as planned. Group aligned with four
business units to growing areas of business (medicine, industry, mobility,
technology services). New processes and structures allow for stronger
international market and customer focus.
Berlin, April 2, 2014 - Right on time on March 31, 2014, after a
three-month transitional phase, First Sensor implemented the steps that
were planned in December 2013 and completed the announced changes to its
organizational structure. Consequently, the Group's organization and
structure is now aligned to the following four rapidly growing business
areas: medicine, industry, mobility and technology services. "We now have
the ideal strategic positioning to achieve our objective. We want to become
one of the market leaders in all areas of business within the next five
years," maintains Dr. Martin U. Schefter, CEO of First Sensor AG.
Over the past three months, the necessary personnel and professional
responsibilities as well as key processes were defined. With immediate
effect, the business units (BUs) are now responsible for constantly
ensuring that products are focused on the right markets and customers in
their respective business areas. The systematic expansion of the sales
teams in Europe, Asia and North America is another essential requirement
for business unit management. "We have aligned ourselves to markets with
high added value and attractive margins in which we already supply top
technologies. It is now time to utilize our combined strength with optimum
efficiency and in a results-focused way," says CFO Joachim Wimmers.
In order to make optimum use of the Group's broad expertise and leverage
inter-company potential, interfaces and collaboration were defined between
the four business units. First Sensor offers its customers improved
sector-specific communication and is able to provide complete solutions and
also take on individual steps of the value chain. Central
cross-departmental functions such as Product Management, Research &
Development, Quality Management, IT and Human Resources operate across all
of the business units. The plans for the new organizational structure were
developed in close collaboration and with regular exchanges between the
managers, co-determination bodies and employees to establish structures
that are as effective as possible and immediately capable of delivering top
operational performance. All employees of First Sensor AG will today be
informed in detail about the finalization of the now applicable structures.
In addition to this press release, all shareholders will also be told in
detail about the changes at the Annual General Meeting on May 23, 2014.
First Sensor AG
The Management Board
About First Sensor
First Sensor AG is a leading provider of sensor solutions in the segments
Medical, Industry, Mobility and Electronic Engineering & Manufacturing
Services. First Sensor develops and manufactures high-quality,
customer-specific sensor solutions for the detection of light, radiation,
pressure, flow, level and acceleration. The company produces in-house and
along the value adding-chain from component to system level. First Sensor
was founded in Berlin more than 20 years ago and has been listed on the
Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN (German
Securities Code Number): 720190 Ι ISIN: DE0007201907 Ι SIS]. Further
information on First Sensor can be found on the Internet at:
www.first-sensor.com.
Contact:
Simone Herrmann Ι Head of Investor Relations
[email protected]
T +49 30 639923-760 Ι F +49 30 639923-719
End of Media Release
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Issuer: First Sensor AG
Key word(s): Enterprise
02.04.2014 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
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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: [email protected]
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP-Media
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