MELE Melexis NV

Melexis expects Q1 2020 sales at high end of guidance, withdraws full year guidance and reduces dividend

Melexis expects Q1 2020 sales at high end of guidance, withdraws full year guidance and reduces dividend

Regulated information

Intermediate declaration by the Board of Directors

Ieper, Belgium - April 1st, 2020, 18.00 hrs CET



Dear,

Please find herewith the link to our most recent press release:

Attachment

EN
01/04/2020

Underlying

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Reports on Melexis NV

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ASM International: 1Q24 results - better on all fronts. Heineken: Uphill from here. KPN: 1Q24 in line, guidance slightly increased on Youfone acquisition. Melexis: 1Q24 results in line a relief. Universal Music Group: Spotify 1Q24 Results and guidance beat on margins. Vopak: Good progress to start the year. Wereldhave: 1Q24 LFL slows sharply

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Melexis : Solid Q1 2024 results and Q2 2024 guidance, implying that th...

>Q1 2024 results in line with expectations on sales but above on profitability - This morning, Melexis reported its Q1 2024 results which were in line with expectations on sales but above on profitability. Revenues came in at € 241.8m, in line with consensus estimates at € 242.3m (vs the guidance range of € 240-245m). They were down 3% q-o-q and up 6% y-o-y. The euro-dollar exchange rate had no impact on sales compared to both the same quarter of last year and the pre...

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