Nachricht vom 14.12.2020 | 06:30
Sensirion Holding AG: Forecast for full-year 2020 raised based on stronger than expected COVID-19 related business
Sensirion Holding AG / Key word(s): Change in Forecast
14-Dec-2020 / 06:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Media Release
Sensirion: Forecast for full-year 2020 raised based on stronger than expected COVID-19 related business
Sensirion raises its forecast for the financial year 2020. As a result of continuing high demand for gas flow sensors in connection with the COVID-19 pandemic the sensor manufacturer expects now revenue for the full year of approximately CHF 254 million and an adjusted EBITDA margin in the mid-twenties percentage range.
Sensirion: Forecast for full-year 2020 raised based on stronger than expected COVID-19 related business Sensirion raises its forecast for the financial year 2020. As a result of continuing high demand for gas flow sensors in connection with the COVID-19 pandemic the sensor manufacturer expects now revenue for the full year of approximately CHF 254 million and an adjusted EBITDA margin in the mid-twenties percentage range. One-timeCOVID-19 related demand for gas flow sensors stronger than expected Based on the stronger than in August 2020 expected development of the medical ventilator-related business year to date, Sensirion Holding AG (Sensirion) raises its outlook for the full-year 2020 again. Revenue is now expected to approximately be CHF 254 million (previously CHF 210-230 million), of which approximately CHF 77 million stem from the ventilator projects (previous year CHF 7 million). The gross margin is projected to improve slightly through econ