Sensirion Holding Ltd.

SENS

Equity

ISIN CH0406705126 / Valor 40670512

SIX Swiss Exchange (2024-09-18)

CHF 62.70-3.24%

Sensirion Holding Ltd.
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About company

Sensirion Holding Ltd. is a company with over 20 years of experience in developing and manufacturing sensor solutions. They offer support to customers in mechanical design, algorithm development, and software integration for embedded and cloud-based systems. Sensirion is known as a leading manufacturer of digital microsensors and systems.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

In the 2023 financial year, Sensirion Holding Ltd. reported a significant decline in revenue, amounting to CHF 233.2 million. This represents a decrease of 27.5% compared to the previous year. The decline was attributed to challenging market conditions and reduced demand across various sectors.

Operating Loss

Sensirion Holding Ltd. experienced an operating loss of CHF 5.8 million for the 2023 financial year. This loss was primarily due to lower sales volumes and a less favorable product mix, which impacted profitability. The company has initiated measures to increase productivity and adjust capacity to mitigate these effects.

Net Loss

For the 2023 financial year, Sensirion Holding Ltd. reported a net loss of CHF 6.6 million. This was a significant downturn compared to previous years, driven by economic headwinds and high customer inventories. The company remains focused on long-term growth despite the short-term challenges.

EBITDA Margin

The EBITDA margin for Sensirion Holding Ltd. in 2023 was 4.3%, a notable decrease from previous years. The lower margin was a result of reduced revenue and the high fixed cost component of the company's products. Sensirion is working on strategic initiatives to improve margins in the future.

Cash Flow

Sensirion Holding Ltd. reported a negative cash flow from operating activities amounting to CHF 10.9 million for the 2023 financial year. This was influenced by the operating loss and the need to adjust production capacities. The company is taking steps to enhance cash flow through operational efficiencies and strategic investments.

Summarized from source with an LLMView Source

Key figures

-16.5%1Y

-51.2%3Y

61.8%5Y

Performance

35.5%1Y

39.9%3Y

40.8%5Y

Volatility