Flexible Electronics News

Melexis Reports Q3 2018 Results

Sales for the first nine months of 2018 were €427.7 million, an increase of 13% compared to the first nine months of 2017.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Melexis reports its third quarter 2018 results. Sales for the third quarter of 2018 were €146.7 million, an increase of 15% compared to the same quarter of the previous year and an increase of 3% compared to the previous quarter. The gross result was €68.1 million or 46.4% of sales, an increase of 17% compared to the same quarter of last year and an increase of 3% compared to the previous quarter.   The operating result was €36.9 million or 25.1% of sales, an increase of 15% compared to the same...

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