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 %.
• Sensirion is ending activities in condition monitoring (formerly StartUp AiSight, Berlin) after a thorough review
• Sensirion is focusing on the further development of methane emission monitoring as a data-based service business
• Impairments (non-cash) of around CHF 25 million, restructuring costs and provisions for the closure of the site of CHF 3–5 million in 2024
• The decision will lead to a slight improvement in operating cash flow from 2025 onwards
As part of a critical review of all innovation projects and to increase the strategic focus of the business, the board of directors of Sensirion Holding has decided, at the request of the management, to give up the activities in condition monitoring of the previously acquired startup AiSight. This will lead to the closure of Sensirion’s Berlin site.