Brief: Sensirion FY Net Profit At CHF 41.9 Mln

Sensirion Holding AG

16/03/2021 05:46

March 16 (Reuters) - SENSIRION HOLDING AG  SENSI.S :
    * RAMP-UPS OF NEW PRODUCT FAMILIES AND COVID-19-RELATED
DEMAND FOR
SENSORS FOR VENTILATORS RESULTED IN STRONG FULL-YEAR 2020
    * FY CONSOLIDATED REVENUE AMOUNTED TO CHF 253.7 MILLION AND
GROSS
MARGIN REACHED 57.6% RESULTING IN A HIGH ADJUSTED EBITDA MARGIN
OF 27.1%
    * FY  NET PROFIT FOR PERIOD OF CHF 41.9 MILLION
    * FY OPERATING CASH FLOW AMOUNTED TO CHF 53.3 MILLION
    * EXPECTS FULL-YEAR 2021 CONSOLIDATED REVENUE OF CHF 226-245
MILLION (FY 2020 CHF 253.7 MILLION)
    * EXPECTS GROSS MARGIN TO REMAIN STABLE AT 52-55% AND EBITDA
MARGIN AT 18-22% IN 2021
    * CONFIRMS ITS MEDIUM-TERM ANNUAL SALES GROWTH TARGET OF
10-15%

Source text for Eikon:  ID:nEQ1c4G2wa 
Further company coverage:  SENSI.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))