Report
Guy Sips

Melexis Changes to the shareholding structure & 6 take-away numbers from CMD

The families De Winter-Chombar and Duchâtelet have made changes to their shareholding structure regarding Melexis. We have included 6 key take-away numbers from the CMD of yesterday : CAGR till 2030 of 10% for its Automotive sales and 15% for its Beyond Automotive Sales; Gross Profit margin = 45%, EBIT margin = 25% with R&D expenses growing to 13% and Capex >5% of sales as from FY24.
Underlying
Melexis NV

Melexis designs, develops, tests and markets advanced integrated circuits primarily for the automotive industry. Co. sells its products to a wide customer base in the automotive, medical and industrial markets in Europe, Asia and North America. Co.'s main products are Hall effect ICs, Pressure and Acceleration Sensors, Sensor Interface ICs, Automotive Systems-on-a-Chip, Embedded Microcontrollers, Bus System Chips, Optical and Infrared sensors. In each case the products are primarily developed for automotive applications and designated lead customers with subsequent use in commercial and industrial applications.

Provider
KBC Securities
KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

 

Analysts
Guy Sips

Other Reports on these Companies
Other Reports from KBC Securities
Hilde Van Boxstael ... (+5)
  • Hilde Van Boxstael
  • Lynn Hautekeete
  • Mathijs Geerts Danau
  • Wim Hoste
  • Wim Lewi

ResearchPool Subscriptions

Get the most out of your insights

Get in touch