Report
Stephane Houri

Melexis : Trop prudent sur le S2 ?

>Suite à la publication des résultats T4 et annuels, nous réitérons notre opinion Neutre et relevons notre OC à 85 € (vs 80 €) - Suite à la publication des résultats T4 20 (réaction initiale), nous maintenons notre opinion Neutre. La demande pour les produits de Melexis s’est accélérée (le groupe indique avoir désormais 13 puces par véhicule en moyenne vs 10 et en vise 20) et les commandes reçues permettent de donner une guidance T1 très solide (CA de 160 M€ au plus h...
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
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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