2023: A Tough Year Amid Consumption Slump, Global Corrections; 2024: The Comeback

• Sensirion Holding AG experienced a challenging 2023 due to a slump in consumption and global inventory corrections, with sales declining by 27.5% compared to the previous year.
• The decline is attributed to reduced demand volume, not loss of customers or projects.
• Despite the decline, Sensirion continued to expand its R&D capacities for product launches in 2024 and 2025.
• The company's consolidated sales amounted to CHF 233.2 million, with a gross margin of 52.2% and an EBITDA margin of 4.3%.
• Sensirion expects a return to growth in 2024 as new projects ramp up, with a positive medium-term outlook due to structural megatrends in the sensor market.
• The company projects consolidated sales of CHF 250 to 280 million in fiscal year 2024, with an expected gross margin between 47% and 49% and an EBITDA margin of 5-10%.

The next important date, Quarterly report, at Sensirion Holding is on 12.03.2024.

Sensirion Holding

+3,41 %

+8,14 %

+19,67 %

+3,63 %

-22,94 %

+37,73 %

+124,19 %

+95,06 %

ISIN:CH0406705126WKN:A2JGBW

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