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Melexis announces robust FY2015 results

Melexis, a global microelectronics engineering company, has posted record-breaking end of year financial results. For the first time in its history, annual sales revenue figures that exceed the Euro 400 million mark (400.1 million) have been posted. This represents a year-on-year sales growth greater than 20%. Melexis’ gross profit margin has risen to Euro 192.1 million, which is an increase of 19% compared to the previous year.

Among the main sources of revenue growth were the company’s magnetic sensor and sensor interface offerings, as well as its products for in-vehicle networking, wireless sensing and far infra-red (FIR) sensing. Following on from these results, the Melexis board of directors has proposed to pay out a total dividend of Euro 1.90 gross per share to its shareholders.

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Melexis is in a very strong position financially. We are proud to achieve such results,” states Françoise Chombar, Melexis’ CEO. “This performance clearly demonstrates that the Melexis product portfolio is fully capable of addressing the many challenges our customers face in developing next generation car models, as well as enabling major advances to be realized in industrial, home automation and medical sectors.” “Melexis continues to invest in new equipment, along with funding extensive research and development activities,” she adds. “Through this we are confidently preparing the company for continued growth in the future.”

Source: www.melexis.com

 

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