Melexis NV (XBRU:MELE)
€ 55.15 -0.25 (-0.45%) Market Cap: 2.23 Bil Enterprise Value: 2.39 Bil PE Ratio: 11.21 PB Ratio: 3.76 GF Score: 98/100
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Q1 2021 Melexis NV Earnings Call Transcript

Apr 28, 2021 / 08:30AM GMT
Release Date Price: €91.7 (+0.99%)
Operator

Hello, and welcome to the Melexis Q1 2021 Results Conference Call. My name is Val, and I will be your coordinator for today's event. Please note, this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Francoise Chombar, CEO, to begin today's conference. Thank you.

Francoise Chombar
Melexis NV - CEO, MD & Executive Director

Thank you very much, and good morning, dear audience. Welcome to the Melexis First Quarter '21 Earnings Call. As usual, Karen Van Griensven, our CFO; and myself, will be happy to take you through the highlights and answer your questions afterwards.

With the sales of EUR 155.6 million in the first quarter, Melexis posted a sequential sales growth of 6%, and an increase of 13% compared to the same quarter of the previous year. With this, Melexis sets another record and continues on its growth path. The 3 favorable fundamentals I talked about last time are being confirmed, both in the sales and in the outlook. One is automotive end-demand has returned with adjacent. Two is

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