Further customer ramp-ups with environmental sensors and a very dynamic post-pandemic demand in the existing business resulted in strong revenue growth.
Business
▪
Pandemic-related demand for sensors for ventilators slowed down as expected.
▪ Sensirion strengthened its technology portfolio with further acquisitions as part of its longer-term growth strategy.
▪ We confirm the outlook of July 2021 and expect for FY 2021
Revenue
CHF 260 to 280m
~CHF 17m comes from COVID-19- related ventilator business (FY 2020 CHF 70m).
Annual revenue
+32 to 43%
1 without (with) COVID-19-related ventilator business
growth1
(+3 to 10%)
Outlook
Gross margin
High fifties %
Above average
EBITDA margin
High twenties %
Above average
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.
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Sensirion Holding AG published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 04:43:07 UTC.
Sensirion Holding AG is a Switzerland-based manufacturer of digital microsensors. The Company's 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 (CO2) and particulate matter. The Company's sensors can be applied in the medical, industrial and automotive sectors, in analytical instruments, consumer goods and heating, ventilation, and air conditioning (HVAC) products, among others. The Company's CMOSens Technology enables system integration of the sensor element, logic, calibration data and a digital interface on a single chip. The Company operates through an international network of sales offices in the United States, Europe, China, Taiwan, Japan and Korea, offering both standard and custom sensor system solutions.