Flexible Electronics News

Sensirion Reports Challenging 1H 2019

The new carbon dioxide and particulate matter product lines, both launched in 2018, remain on track.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensirion experienced a challenging first half of 2019 as a result of the current crisis in the automotive industry, the significantly lower than expected global industrial production, and the ongoing global trade disputes. Consolidated sales amounted to CHF 83.9 million ($85.6 million), down 7% year-on-year, while the gross margin was stable at 53.2%, and the EBITDA margin adjusted for one-time effects amounted to 10%.    Despite the currently difficult market environment, the long-term market ...

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