First Sensor AG reported earnings guidance for the third quarter of 2016. The company raises guidance for EBIT margin following third quarter. In the third quarter of 2016, sales are expected to amount to EUR 38.8 million, which corresponds to a 9.6% increase year-on-year (EUR 35.4 million). This resulted in sales of EUR 114.7 million for the first nine months of the current fiscal year (previous year: EUR 102.6 million). In the third quarter of 2016, the EBIT margin was above the planned target of 5% to 6% and reached around 7.4%. This equates to EBIT of EUR 2.9 million in the third quarter of 2016 (previous year: a negative of EUR 0.7 million due to extraordinary effects). After the first nine months of 2016, EBIT was EUR 8.4 million (previous year: EUR 2.3 million) and the margin amounted to 7.3% overall. For the year as a whole, the management Board had anticipated sales between EUR 145 million and EUR 150 million and an EBIT margin between 5% and 6%. Based on the latest estimate, sales are expected to fall within the planned range at year-end, while the EBIT margin is expected to be around 1 percentage point above the planned margin and amount to 6% to 7%. This positive development is the result of extensive efficiency improvements.