Semiconductor firm Melexis forecasts lower sales and margins for Q1
05/02/2025 06:16
Feb 5 (Reuters) - Melexis MLXS.BR , Belgium's largest
semiconductor supplier, said on Wednesday that it expected lower
margins and sales for the first quarter of 2025, compared with a
year earlier.
The company expects its operating margin to reach 16% in the
first three months of the year, down from the 26.4% it posted in
the same quarter in 2024.
It also sees lower sales in a range of 190 million to 200
million euros ($197.1 million to $207.5 million), versus 228.6
million euros in the prior year.
($1 = 0.9639 euros)
(Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi)
((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))