Half-Year 2021 Results

Marc von Waldkirch, CEO Matthias Gantner, CFO

25 August 2021

Please note that this event

will be recorded.

© Copyright Sensirion Holding AG, Switzerland

Half-year 2021 results, 25 August 2021

2

Agenda

1

Half-year 2021 highlights

Marc von Waldkirch, CEO

  • Business review

2

Half-year 2021 financial review

Matthias Gantner, CFO

3

Outlook

Marc von Waldkirch, CEO

4

Q&A

© Copyright Sensirion Holding AG, Switzerland

Half-year 2021 results, 25 August 2021

3

H1 2021 overview

  • 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.

Revenue CHF 144.4m, +27.0% YoY (+29.2% organic, +1.3% inorganic, -3.5% FX effects).

Financials

Gross margin 61.9%.

EBITDA margin 31.8%.

Operating cash flow CHF 39.1m, free cash flow CHF 33.0m.

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.

© Copyright Sensirion Holding AG, Switzerland

Half-year 2021 results, 25 August 2021

4

Automotive H1 2021 business review

Main results

H1 2021 revenue increased by 32.9% YoY to CHF 33.8m.

Revenue growth was driven by the Tier-II sensor component

business as demand recovered, steadily increasing market

share and an increased penetration rate of our sensor

solutions.

The module-basedTier-I business, on the other hand, showed

Revenue development

(CHFm)

24.925.5

33.8

a temporary consolidation after a strong increase in the

previous year.

As soon as the allocation situation in the international markets

eases, we expect the strong demand in the automotive market

to calm down.

H1 2019

H1 2020

H1 2021

Auto-defogging

Climate control

Dew point

Air intake

© Copyright Sensirion Holding AG, Switzerland

Half-year 2021 results, 25 August 2021

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

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.