Sensirion Holding AG: Forecast for full-year 2020 raised based on stronger than expected COVID-19 related business
EQS Group-Ad-hoc: Sensirion Holding AG / Key word(s): Change in Forecast Media Release One-time COVID-19 related demand for gas flow sensors stronger than expected Despite increased sales in the second half of the year, Sensirion continues to expect demand from the one-time business in connection with the COVID-19 pandemic to normalize from the beginning of 2021. Regular business, not related to ventilator applications, developed as expected in August 2020. More detailed information will be provided when the annual report is published on 16 March 2021. Sensirion to nominate Anja König for election to the Board of Directors Financial Calendar Resume of Anja König, Swiss and German citizen, born in 1970 Contact Investor Relations 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 ad hoc announcement |
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: | 1154613 |
End of Announcement | EQS Group News Service |
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1154613 14-Dec-2020 CET/CEST