Melexis Nv Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 10:15 am
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Melexis NV announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 159.101 million compared to EUR 100.387 million a year ago. Operating income was EUR 36.401 million compared to EUR 10.104 million a year ago. Net income was EUR 33.499 million compared to EUR 9.676 million a year ago. Basic earnings per share from continuing operations was EUR 0.83 compared to EUR 0.24 a year ago. For the half year, sales was EUR 314.735 million compared to EUR 238.549 million a year ago. Operating income was EUR 70.911 million compared to EUR 34.083 million a year ago. Net income was EUR 61.265 million compared to EUR 30.382 million a year ago. Basic earnings per share from continuing operations was EUR 1.52 compared to EUR 0.75 a year ago.
Melexis N.V. specializes in the design and marketing of semi-conductors intended primarily for automotive equipment manufacturers. The group's activity is primarily organized around 4 families of products:
- sensors: primarily circuits for interfaces, pressure and acceleration measurement, and magnetic sensors;
- actuator: micro-controllers and peripheral integrated circuits used for dashboard indicators, windshield wipers, automatic door openers, etc.;
- radiofrequency circuits: transmitters, receivers, automatic identification systems, etc.;
- multiplexing circuits: optical and infrared circuits.
At the end of 2023, the group had 5 manufacturing sites located in Belgium, Germany, France, Bulgaria and Malaysia.
Net sales are distributed geographically as follows: Germany (12.6%), Switzerland (2.7%), Romania (2.6%), France (2.2%), Italy (1.8%), Austria (1.6%), Hungary (1.1%), the United Kingdom (0.3%), Spain (0.3%), Europe/Middle East/Africa (6%), China (15.5%), Hong Kong (9.5%), Japan (8.2%), Thailand (7.7%), South Korea (7%), Asia (10%), the United States (5.8%), Mexico (2.9%) and Americas (2.2%).