Flexible Electronics News

Melexis Announces Q1 2018 Results

Records first quarter sales growth of 13%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Melexis reported that sales for the first quarter of 2018 were €139.3 million, an increase of 13% compared to the same quarter of the previous year and an increase of 5% compared to the previous quarter. The EUR/USD exchange rate evolution had a negative impact of 7% compared to the same quarter of last year and a negative impact of 2% compared to the previous quarter.   The gross result was €63.1 million or 45.3% of sales, an increase of 11% compared to the same quarter of last year and an in...

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