SENSIRION HOLDING AG Corporate culture as a crucial foundation for success in challenging times The fourth and most essential focus of the growth strategy remains Sensirion's distinctive culture of innovation and "togetherness". Employees were challenged in two ways during the last few months: on the one hand, because of the very high dynamics of the business with a tight allocation situation, the numerous ramp-ups of new products and the special business with ventilator sensors. On the other hand, all employees were confronted with numerous pandemic-related hardships and uncertainties. Once again, Sensirion's corporate culture was recognized by the internationally renowned "Great place to work" organization as the second-best employer in Switzerland in the "large companies" category, as well as by a special award for the handling of the pandemic.
Anja König elected as new member of the Board of Directors At the 2021 Annual General Meeting, which unfortunately had to take place again without the presence of shareholders due to the pandemic, all proposals of the Board of Directors were approved. Anja König was elected as a new member of the Board of Directors.
Outlook until the end of the year As a result of the positive first half-year, Sensirion increased its revenue expectations for the full year 2021 at the beginning of July. Sensirion confirms this outlook and now expects consolidated sales of CHF 260-280 million (+3-10% year-on-year) for the full year 2021. Adjusted for the COVID-19 special business, this results in growth of 32-43%. However, uncertainties remain high in the second half of 2021, as it is currently unclear how long the challenging situation in the supply chain and the associated inventory effects will persist. In terms of profitability, due to the economic situation, Sensirion expects the gross margin to remain above average in the high fifties with an above average EBITDA margin in the high twenties. Conference call on the half-year 2021 results Today, Wednesday, 25 August 2022, at 10:00 CEST/09:00 BST/04:00 EDT, a conference call on the half-year 2021 results will take place. The presentation will be held in English. You will have the opportunity to ask questions during the telephone conference following the presentation.
Please register for the conference call with the following link https://attendee.gotowebinar.com/register/8088430162443078414
Documentation All documents will be available at www.sensirion.com/financial-reports on 25 August 2021 from around 06:30 CEST/05:30 BST/00:30 EDT.
Financial calendar 25 August 2021 2021 half-year results and interim report 15 March 2022 2021 full-year results and annual report 16 May 2022 Annual general meeting 2022 Contact
Investor relations Andrea Wüest Director Investor Relations and M&A Tel: +41 44 927 11 40 Email: andrea.wueest@sensirion.com About Sensirion Holding AG
Sensirion Holding AG (SIX Swiss Exchange: SENS), headquartered in Stäfa, Switzerland, is a leading manufacturer of digital microsensors and systems. The product range includes gas and liquid flow sensors, differential pressure sensors and environmental sensors for the measurement of humidity and temperature, volatile organic compounds (VOC), carbon dioxide (CO[2]) and particulate matter (PM2.5). An international network with sales offices in China, Europe, Japan, South Korea, Taiwan and the US supplies international customers with standard and custom sensor system solutions for a vast range of applications. Sensirion sensors can commonly be found in the automotive, medical, industrial and consumer end markets. For further information, visit www.sensirion.com.
Disclaimer Certain statements in this document are forward-looking statements, including, but not limited to, those using words such as "believe," "assume," "expect" and other similar expressions. Such forward-looking statements are based on assumptions and expectations and, by their nature, involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Such factors include, but are not limited to, future global economic conditions, changed market conditions, competition from other companies, effects and risks of new technologies, costs of compliance with applicable laws, regulations and standards, diverse political, legal, economic and other conditions affecting markets in which Sensirion operates, and other factors beyond the control of Sensirion. In view of these uncertainties, you should not place undue reliance on forward-looking statements. Sensirion disclaims any intention or obligation to update any forward-looking statements, or to adapt them to future events or developments.
Sensirion uses certain key figures to measure its performance that are not defined by Swiss GAAP FER. These alternative performance measures may not be comparable to similarly titled measures presented by other companies. Additional information on these key figures can be found at www.sensirion.com/additional-performance-measures.
This document is not an offer to sell, or a solicitation of offers to purchase, any securities.
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Language: English
Company: Sensirion Holding AG
Laubisrütistrasse 50
8712 Stäfa
Switzerland
Phone: +41 44 306 40 00
Fax: +41 44 306 49 06
Internet: www.sensirion.com
ISIN: CH0406705126
Valor: A2JGBW
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; SIX Swiss Exchange
EQS News ID: 1228620
End of Announcement EQS Group News Service
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August 25, 2021 00:30 ET (04:30 GMT)
