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The first half of the year closed with sales of CHF 184.5 million. This represents an organic revenue increase of 45.5% in local currencies and 44.2% in Swiss francs compared to the same period last year. This growth was driven mainly by the continued ramp-up of A2L leakage sensors for air conditioning systems in the US, as well as increased demand for environmental sensors from China and the broad distribution network. This resulted in substantial year-on-year growth of over 50% in three of our four end markets. At 51.5%, the gross margin is significantly higher than in the same period of the previous year. The EBITDA margin increased significantly to 19.8%.

Sensirion is reaffirming the forecast for the 2025 financial year, but is narrowing the revenue guidance symmetrically: assuming stable economic conditions, the company now expects consolidated revenue of CHF 320 to 340 million. 

In the 2024 financial year, Sensirion was able to return to growth and increase its sales by 22.1 % in local currency and 18.6 % in Swiss francs compared to the previous year to CHF 276.5 million. Sales growth is thus at the upper end of the guidance and is primarily attributable to new business in the industrial and automotive markets. The strategy of continuing to invest in growth projects and innovation even during the crisis year of 2023 therefore paid off. The global market situation for our existing business, on the other hand, remains challenging. Profitability has improved, thanks to revenue growth and a rigorous cost optimization program. Adjusted for the one-off costs arising from the termination of operations in Berlin, the gross margin was 49.2 % and the EBITDA margin 10.5 %. 

For the 2025 financial year, Sensirion once again expects strong sales growth and a normalization of profitability within the mid- to high-teen percent range. 

The Board of Directors of Sensirion Holding AG is proposing Mirjana Blume to succeed Ricarda Demarmels, who will not be standing for re-election at the Annual General Meeting on May 12, 2025.

The first half of the year closed with sales of CHF 128.0 million. This represents an organic revenue increase of 8.9 % in local currencies and 3.9 % in Swiss francs compared to the same period last year. Growth was driven by the automotive and industrial markets, whereas year-on-year sales comparisons in medical and consumer are impacted by ongoing de-stocking effects. The operating result was significantly impacted by the discontinuation of Sensirion condition monitoring activities in Berlin. Adjusted for these one-off effects, the gross margin amounts to 47.5 % and the adjusted EBITDA margin is 4.6 %.