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An announcement from Sensirion Holding AG ( (CH:SENS) ) is now available.
In 2024, Sensirion achieved a 22.1% sales growth in local currency, driven by new business in the industrial and automotive markets, despite a challenging global market environment. The company’s profitability improved due to sales growth and cost optimization, with a gross margin of 49.2% and an EBITDA margin of 10.5%. Sensirion anticipates continued strong sales growth in 2025, supported by a robust pipeline of new projects and strategic investments in growth initiatives. The company also announced a proposed change in its Board of Directors, with Mirjana Blume nominated to succeed Ricarda Demarmels.
More about Sensirion Holding AG
Sensirion Holding AG is a leading manufacturer in the sensor industry, focusing on innovative solutions for various markets including industrial, automotive, medical, and consumer sectors. The company is strategically positioned to leverage global megatrends such as energy efficiency, climate change, and health, driving increased sensor usage across applications.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €926.4M
See more data about SENS stock on TipRanks’ Stock Analysis page.
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