Brief: Melexis Ups Sales Growth Outlook To Between 14% And 16%

Melexis NV

02/08/2023 06:09

Aug 2 (Reuters) - Melexis NV  MLXS.BR :
    * MELEXIS EXPECTS SALES IN Q3 OF 2023 IN RANGE OF 245 TO 250
MILLION EUR
    * FOR FULL YEAR 2023, MELEXIS NOW EXPECTS A SALES INCREASE
BETWEEN
14% AND 16% (PREVIOUSLY BETWEEN 11% AND 16%)
    * FOR 2023 EXPECTS SALES INCREASE BETWEEN 14% AND 16%  WITH
GROSS
PROFIT MARGIN OF ABOVE 45% AND OPERATING MARGIN OF AROUND 27% AT
MIDPOINT OF SALES GUIDANCE
    * FOR FULL YEAR 2023, WE EXPECT CAPEX OF AROUND 100 MILLION
EUR
(PREVIOUSLY 70 MILLION EUR)

Source text for Eikon:  ID:nGNE3BXY9n 
Further company coverage:  MLXS.BR 

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