Sensirion Holding Ltd.

Latest Results (09.12.2025):

Sensirion Holding Ltd. — H1 2025 (six months ended 30 June 2025): the company reported strong top- and bottom-line recovery with revenue of CHF 184.5 million (+44.2% vs H1 2024), improved margins and a return to profit. Key results include a gross margin of 51.5%, EBITDA of CHF 36.5 million (19.8% margin), operating profit (EBIT) of CHF 26.3 million (14.2%), and net income of CHF 10.4 million (EPS CHF 0.67). Management confirmed full-year 2025 guidance (CHF 320–340 million revenue; EBITDA margin in the mid‑to‑high teens).

Revenue & growth

Revenue: CHF 184.5m in H1 2025, +44.2% in CHF (organic growth ~45.5% in local currencies). Regional split: APAC 37.3%, EMEA 35.3%, Americas 27.4%. End‑market mix: Industrial 58.0%, Automotive 21.3%, Medical 15.5%, Consumer 5.2%.

Profitability

Gross profit: CHF 95.0m (51.5% of revenue). EBITDA: CHF 36.5m (19.8% margin). EBIT: CHF 26.3m (14.2%). Net profit: CHF 10.4m (5.7% of revenue); EPS CHF 0.67. The company notes significant improvement versus H1 2024, which included large non‑recurring restructuring charges related to the closure of Sensirion Connected Solutions GmbH.

Cash flow & balance sheet

Operating cash flow: CHF 28.4m. Free cash flow: CHF 15.6m. Cash and cash equivalents: CHF 68.2m at 30 June 2025. Net cash position reported ~CHF 67.1m. Total assets CHF 369.2m; total equity CHF 298.9m. CapEx in H1 2025: CHF 12.8m.

Key drivers & one‑offs

Main revenue drivers were the ramp‑up of A2L leakage sensors for US HVAC (industrial market) and higher demand for environmental sensors in China. H1 2024 contained non‑recurring restructuring costs (CHF 28.6m) and goodwill recycling that materially depressed prior‑year comparatives; adjusted measures exclude those items. A stronger Swiss franc and an equity‑accounted investment loss (Lumiphase) weighed on net income.

Segments & operational notes

Industrial sales (including A2L sensors) were the largest contributor and grew strongly (CHF 107.0m, +69% y/y). Automotive was flat (CHF 39.3m) due to Western automotive headwinds; medical and consumer end markets rose notably. Production footprint is being globalized (42% of revenue from new production sites in H1) to reduce Swiss franc exposure and support capacity.

Outlook

Full‑year 2025 guidance reaffirmed: revenue CHF 320–340m (organic growth 16–23% vs 2024) and EBITDA margin expected in the mid‑to‑high‑teen percent range. Management notes limited visibility (currency headwinds, US tariffs, and anticipated second‑half normalization of A2L frontloading) but narrowed the revenue range.

Corporate & strategic items

Strategic moves include start of production for a chip‑based CO2 sensor and new multi‑parameter environmental modules, acquisition of Kuva Systems (June 2025) to strengthen methane monitoring solutions via Sensirion Connected Solutions, and continued investment in automation and globalized manufacturing. Annual General Meeting elected Mirjana Blume to the Board.