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CREDIT SUISSE SECURITIES (EUROPE) LIMITED EQS-News: Sensirion Holding AG: Sensirion presents update on its growth strategy at capital markets day

Transparency directive : regulatory news

25/03/2021 06:35

EQS Group-News: Sensirion Holding AG / Key word(s): Conference
Sensirion Holding AG: Sensirion presents update on its growth strategy at capital markets day

25.03.2021 / 06:35


Media Release
25 March 2021, Sensirion Holding AG, 8712 Stäfa, Switzerland

Sensirion presents update on its growth strategy at capital markets day

Today, 25 March 2021, at its first capital markets day Sensirion will present an update on its growth strategy and mid-term outlook.

Four strategic focuses
Sensirion Holding AG's growth strategy is based on four strategic focuses: driving market and cost leadership in Sensirion's core markets of humidity and flow, becoming market leader for the entire environmental market, developing technologies for long-term growth, and - as foundation for the whole strategy - Sensirion's unique culture of innovation and entrepreneurship. Sensirion will present more details on its growth strategy in the presentation taking place this afternoon. The presentation will be available at www.sensirion.com/capital-markets-day on 25 March 2021 from around 06:30 CET / 05:30 GMT / 01:30 EDT.

Mid-term outlook
Sensirion views many promising additional business opportunities. To support this growth strategy, Sensirion intends to maintain the current level of R&D spending of 22-24% of revenue, while keeping the accounting principle of almost fully expensing R&D spending. Averaging over 3-5 years and assuming unchanged foreign currency exchange rates, Sensirion expects mid-term annual revenue growth in the low- to mid-tens percentage range, the gross margin to remain stable, and the mid-term EBITDA margin in the mid- to high-tens percentage range.

Registration, presenters, and agenda of the capital markets day
We cordially invite you to Sensirion's capital markets day 2021. The event will start at 13:30 CET and will take place virtually via Microsoft Teams. If you are planning to attend, we kindly ask you to register for the event via the following website until today 10:00 CET: www.sensirion.com/capital-markets-day. You will receive the login data via email shortly before the event starts. We look forward to welcoming you online.

The agenda and presenters are as follows:

Presenters
Marc von Waldkirch, CEO
Moritz Lechner, Founder and Co-Chairman
Felix Mayer, Founder and Co-Chairman
Matthias Gantner, CFO
Andrea Orzati, VP Sales & Marketing
Johannes Schumm, VP Research & Development
Andrea Wüest, Director Investor Relations and M&A

Agenda

Indicative time (CET) Topic Speaker
13:30 - 13:35 Welcome remarks Andrea Wüest
13:35 - 13:55 Keynote of the Founders Moritz Lechner /
Felix Mayer
13:55 - 14:20 Sensirion at a glance Matthias Gantner
14:20 - 14:40 Strategic achievements since the IPO Marc von Waldkirch
14:40 - 14:50 Q&A All
14:50 - 15:10 Break  
15:10 - 16:40 Strategy update  
  Strategic focus 1: drive technology and cost leadership in our core markets Andrea Orzati
  Strategic focus 2: become market leader for the entire environmental market Johannes Schumm
  Strategic focus 3: develop technologies for future growth Marc von Waldkirch
16:40 - 17:00 Mid-term guidance Marc von Waldkirch
17:00 - 17:30 Q&A All
 

 

Contact

Investor Relations
Andrea Wüest
Director Investor Relations and M&A
Tel: +41 44 927 11 40
E-Mail: andrea.wueest@sensirion.com


About Sensirion Holding AG

Sensirion Holding AG (SIX Swiss Exchange: SENS), headquartered in Stäfa, Switzerland, is a leading manufacturer of digital microsensors and systems. The product range includes gas and liquid flow sensors, differential pressure sensors and environmental sensors for the measurement of humidity and temperature, volatile organic compounds (VOC), carbon dioxide (CO2), and particulate matter (PM2.5). An international network with sales offices in China, Europe, Japan, South Korea, Taiwan, and the US supplies international customers with standard and custom sensor system solutions for a vast range of applications. Sensirion sensors can commonly be found in the automotive, medical, industrial, and consumer end markets. For further information, visit www.sensirion.com.

Disclaimer

Certain statements in this document are forward-looking statements, including, but not limited to, those using words such as "believe", "assume", "expect", and other similar expressions. Such forward-looking statements are based on assumptions and expectations and, by their nature, involve known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements. Such factors include, but are not limited to, future global economic conditions, changed market conditions, competition from other companies, effects and risks of new technologies, costs of compliance with applicable laws, regulations, and standards, diverse political, legal, economic and other conditions affecting markets in which Sensirion operates, and other factors beyond the control of Sensirion. In view of these uncertainties, you should not place undue reliance on forward-looking statements. Sensirion disclaims any intention or obligation to update any forward-looking statements, or to adapt them to future events or developments.

Certain financial data included in this document consists of "non-IFRS financial measures". These non-IFRS financial measures may not be comparable to similarly titled measures presented by other companies, nor should they be construed as an alternative to other financial measures determined in accordance with IFRS. As a result, you are cautioned not to place undue reliance on any non-IFRS financial measures and ratios included herein.

This document is not an offer to sell, or a solicitation of offers to purchase, any securities.



End of Media Release


Language: English
Company: Sensirion Holding AG
Laubisrütistrasse 50
8712 Stäfa
Switzerland
Phone: +41 44 306 40 00
Fax: +41 44 306 49 06
Internet: www.sensirion.com
ISIN: CH0406705126
Valor: A2JGBW
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; SIX Swiss Exchange
EQS News ID: 1178042

 
End of News EQS Group News Service

1178042  25.03.2021 

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