Sensirion Hodling released their H1 2023 results. Challenging first half of 2023 due to the ongoing slump in consumption and global inventory corrections; medium-term growth prospects remain strong.
Demand from end consumer sis weak, combined with ongoing inventory reduction and
the removal of last year’s one-off business, resulted in sales declining by 25.2% compared to the previous year. This decline is solely attributable to reduced demand volume; no customers or ongoing projects were lost. The medium and long-term outlook remains positive. Sensirion thus continues to expand the R&D capacities to enable important product launches in new applications in 2024 and 2025. Consolidated sales amounted to CHF 123.2 million. The gross
margin was stable at 56.3%, and the EBITDA margin was 8.7%.