Brief: Sensirion H1 Net Profit At CHF 11.1 Million

Sensirion Holding AG

19/08/2020 05:37

Aug 19 (Reuters) - SENSIRION HOLDING AG  SENSI.S :
    * NEW PRODUCT RAMP-UPS AND COVID-19-RELATED VENTILATOR
DEMAND LED
TO STRONG FIRST HALF-YEAR 2020
    * H1 CONSOLIDATED REVENUE AMOUNTED TO CHF 113.7 MILLION,
GROSS
MARGIN WAS STABLE AT 54.7%, AND ADJUSTED EBITDA MARGIN REACHED
19.7%
    * IN MID AND LONG TERM, GROWTH PROSPECTS REMAIN STRONG DUE
TO
EXISTING MARKET TRENDS, AS WELL AS STRONG TECHNOLOGY BASE AND
PRODUCT PIPELINE.
    * H1 NET PROFIT FOR PERIOD OF CHF 11.1 MILLION.
    * H1 OPERATING INCOME AMOUNTED TO CHF 14.3 MILLION
    * NOW EXPECTS CONSOLIDATED REVENUE OF CHF 210-230 MILLION
(PREVIOUSLY CHF 200-240 MILLION) FOR FULL YEAR 2020
    * CONFIRMS OUTLOOK FROM MID-JUNE
    * OUTLOOK FOR SECOND HALF OF YEAR REMAINS VOLATILE AND
DIFFICULT
TO ASSESS
    * EXPECTS APPROXIMATELY SAME PROFITABILITY FOR FULL CURRENT
YEAR
AS IN FIRST HALF OF 2020

Source text for Eikon:  ID:nEQ97HcQka 
Further company coverage:  SENSI.S 

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