Entering text into the input field will update the search result below

Melexis NV IEPER's (MLXSF) CEO Françoise Chombar on Q2 2018 Results - Earnings Call Transcript

Aug. 05, 2018 9:02 AM ETMelexis NV (MLXSF)
SA Transcripts profile picture
SA Transcripts

Melexis NV IEPER (OTCPK:MLXSF) Q2 2018 Results Earnings Conference Call August 1, 2018 11:00 AM ET


Françoise Chombar - Managing Director and Chief Executive Officer

Karen Van Griensven - Chief Financial Officer


Francois-Xavier Bouvignies - UBS

Janardan Menon - Liberum Capital

Guy Sips - KBC Securities

Jeffrey Osborne - Cowen

Gaspar Ariño - Montanaro Asset Management


Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Melexis HY and Q2 2018 results call. I would like to hand the call over to your speakers today, Françoise Chombar and Karen Van Griensven. Please go ahead.

Françoise Chombar

Thank you. Dear audience, we appreciate your attendance to the Melexis earnings conference call for the second quarter and also first half year 2018.

For starters, let me give you brief business perspective update. My name Françoise Chombar. And then, our CFO, Karen Van Griensven, will take over for the financial highlights. And, obviously, we will end with your questions.

So, first, some highlights from the business and market side. Sales for the second quarter of 2018 were €141.8 million. Sales for the first half year of 2018 thus came out at €281.1 million. And that's an increase of 12% compared to the first half of 2017.

Melexis' performance is well in line with our expectations. Excluding strong US dollar currency headwinds, Melexis' first half year sales growth would have been 18%.

This solid growth is related to both existing and new programs ticking all the boxes on electrification, assisted drive and customization of the car.

Melexis thrives thanks to steadily increasing semiconductor content in cars, more so than related to the number of cars produced in the world. The Melexis market fundamentals are sound; and today's customer sentiment continues to be positive.

Geographical spread is virtually

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.