Brief: Sensirion Holding Says Adjusted Outlook For 2023 Due To Challenging Market Environment Strong Medium-Term Prospects

Sensirion Holding AG

11/07/2023 05:18

July 11 (Reuters) - Sensirion Holding Ag  SENSI.S :
    * : ADJUSTED OUTLOOK FOR 2023 DUE TO CHALLENGING MARKET
ENVIRONMENT; STRONG MEDIUM-TERM PROSPECTS THANKS TO FULL
RESEARCH AND DEVELOPMENT PIPELINE
    * H1 SALES FELL 25 PERCENT TO 123.0 MILLION CHF
    * FOR CURRENT FINANCIAL YEAR, WE NOW EXPECT SALES OF CHF
235-255
MILLION
    * SEES FY 2023 EXPECTATION FOR GROSS MARGIN REMAINS
UNCHANGED IN
MID-FIFTIES
    * EXPECT AN EBITDA MARGIN OF APPROX. 10% FOR CURRENT
FINANCIAL
YEAR
    * WE CONTINUE TO ASSESS MEDIUM- AND LONG-TERM OUTLOOK AS
POSITIVE
DUE TO A FULL PIPELINE OF CUSTOMER PROJECTS

Source text for Eikon:  ID:nEQ2Mcv6Sa 
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