Sensirion Holding Ag · SIX:SENS
Sensirion — Investor Presentation (March 2022)
29 slides from Sensirion's investor presentation, Mar 15, 2022
Slide 1: Sensirion Investor Presentation H1 2022
Sensirion Investor Presentation H1 2022 © Copyright Sensirion Holding AG, Switzerland Full-year 2021 results, 15 March 2022
Slide 2: Sensirion at a glance
Sensirion at a glance © Copyright Sensirion Holding AG, Switzerland Investor presentation 2
Slide 3: Facts & figures
Facts & figures 1998 2018 974* founded public Full-time equivalents (FTEs) 287.5M CHF > 200 Revenue (FY21) Patent families 1 Billion sold 16% 600k sensors produced/day Of revenue invested in R&D © Copyright Sensirion Holding AG, Switzerland Investor presentation
Slide 4: Sensirion at a glance
Sensirion at a glance Overview ✓ A pure-play sensor company, driven by mega trends for long-term growth ✓ A deeply anchored mindset of innovation: it’s in our DNA to continuously seek new challenges and to drive disruptive innovation ✓ SensiSpirit: our dedicated and award-winning entrepreneurial cul
Slide 5: Solving complex problems everywhere
Solving complex problems everywhere Anti-fogging Environmental Node Providing antifogging, engine and climate control to Real-time monitoring of various harmful gases for automated approximately one in three cars manufactured control of Air Purifiers in several million households. worldwide. Mass fl
Slide 6: Wide range of solutions across diverse end markets
Wide range of solutions across diverse end markets End market Automotive Medical Industrial Consumer % of FY 2021 revenue 24% 17% 49% 10% (excl. COVID-19-related ventilator business) Humidity/temperature (RHT) Gas (VOC, formaldehyde) ✓ ✓ ✓ ✓ Carbon dioxide (CO2) Environmental Particulate matter (PM2
Slide 7: Stability through strong market und customer diversification
Stability through strong market und customer diversification Highly diversified in end markets and regions1 10.0% 24.0% 20.0% 49.0% 49.0% 17.0% 31.0% Automotive Medical Industrial Consumer APAC EMEA Americas 1 excluding COVID-19-related ventilator business © Copyright Sensirion Holding AG, Switzerla
Slide 8: Global footprint ensures customer proximity
Global footprint ensures customer proximity 974 FTEs* Netherlands Germany South Korea Hungary Japan Switzerland United States (Headquarters) China Taiwan Production R&D Sales * As of 31 Dec 2021 © Copyright Sensirion Holding AG, Switzerland Investor presentation 8
Slide 9: Our advantage is built on our expertise across all relevant fields of the technology value chain
Our advantage is built on our expertise across all relevant fields of the technology value chain Development of design and Calibration Application processes expertise expertise Market and Field ASIC MEMS Packaging Automation Hardware Software Cloud application Solutions support Wafer manufacturing i
Slide 10: Historical revenue and gross margin development
Historical revenue and gross margin development Revenue core Mobile business COVID-19-related ventilator business Gross margin 320 100% 300 280 260 240 75% 220 61.7% Revenue (CHFm) 200 57.5% 57.6% Gross margin 52.5% 55.4% 53.2% 53.7% 180 160 50% 140 287.5 120 253.7 100 174.8 171.0 80 148.0 25% 153.0
Slide 11: Sensirion drives innovation along multiple layers
Sensirion drives innovation along multiple layers Innovation Monetization Example Gas meter Applications and Applications and solutions derived Customer engagement, 0-2 years market solutions from existing platform technologies profitability and cash flow PM2.5 sensor R&D spending Platform Building
Slide 12: Our sensor solutions help to reduce CO2 emissions worldwide
Our sensor solutions help to reduce CO2 emissions worldwide Environmental contribution In many applications, Sensirion’s sensors help to reduce energy consumption and, in turn, CO2 emissions. Application examples Humidity and temperature sensors employed in Differential pressure sensors used in dema
Slide 13: We actively fulfill our environmental responsibility
We actively fulfill our environmental responsibility Environmental responsibility As a manufacturing company, we aim to minimize our environmental impact from operations and business travel. Our production sites in Switzerland, China, and South Korea are certified At our new site in Debrecen, Hungar
Slide 14: SensiSpirit: a unique culture of innovation and entrepreneurship
“SensiSpirit”: a unique culture of innovation and entrepreneurship Innovation needs a dedicated company culture ✓ A company culture dedicated to long-term innovation… Growth ✓ … with an entrepreneurial mindset to push limits… ✓ … and built by exceptional people Innovation Company culture © Copyright
Slide 15: Strong entrepreneurial culture attracting and fostering talents
Strong entrepreneurial culture attracting and fostering talents Highly qualified workforce SensiSpirit Employees’ qualification, Sensirion AG, per 31.12.20 ✓ Highly qualified employees attracted by a great company culture. 21% ✓ High retention rate enables continuity. ✓ Company culture as foundation
Slide 16: Strategy
Strategy © Copyright Sensirion Holding AG, Switzerland Investor presentation 16
Slide 17: Increasing penetration of sensors driven by secular megatrends
Increasing penetration of sensors driven by secular megatrends Digitalization and Energy efficiency Quality of life automation Environmental protection ◼ Scarcity of resources ◼ Economic development ◼ Industry 4.0 ◼ Air quality ◼ Governmental and ◼ Increasing awareness ◼ Technological ◼ Climate chan
Slide 18: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 19: Focus 1: drive technology and market leadership in our core markets
Focus 1: drive technology and market leadership in our core markets High market diversity and technology leadership drives volumes and ensures stable base End market Automotive Medical Industrial Consumer Humidity & temperature ✓ ✓ ✓ ✓ Flow ✓ ✓ ✓ Relative growth of flow volumes 300% 250% 200% 150% 1
Slide 20: Summary Strategic focus 1
Summary “Strategic focus 1” Drive market and cost leadership in our core markets of RHT and flow What we have achieved We could strengthen our market leadership in humidity and flow ▪ by expanding our high market share in both core markets ▪ by addressing new applications in humidity & temperature a
Slide 21: Focus 2: become market leader for the entire environmental market
Focus 2: become market leader for the entire environmental market Our leading market position in humidity & temperature as well as in flow markets is a good entry point to expand to the entire environmental market CO2 Humidity & temperature Gas quality Formaldehyde Flow Particulate matter (PM2.5) ©
Slide 22: Growth provides new strategic advantages
Growth provides new strategic advantages PM2.5 Combo sensors Combination of environmental sensors ▪ lowers integration costs VOC Environmental sensor node ▪ drives strategic relationship with customers RHT Further gas parameters CO … CO2 VOC Ozone Sensirion’s broad technology portfolio allows to rea
Slide 23: Summary Strategic focus 2
Summary “Strategic focus 2” Become market leader in the entire environmental market What we have achieved We have successfully accomplished the first step to become market leader in the entire environmental market ▪ by leveraging our strong position in humidity and flow sensing ▪ by introducing the
Slide 24: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions The green boxes indicate examples of developments to support growth Solutions M&A step: gas analyzer M&A step: machine diagnostics Internal pilot: environmental monitoring Modules Gas leakage detection Focus 2: Water quality • Env
Slide 25: Summary Strategic Focus 3
Summary “Strategic Focus 3” Develop technologies for long-term growth What we have achieved ▪ We have a deeply anchored mindset of innovation: since Sensirion’s founding, it has been our DNA to continuously seek new challenges, take meaningful risks in order to push technological limits and, thereby
Slide 26: M&A in-line with Sensirion's three focuses of innovation and growth
M&A in-line with Sensirion’s three focuses of innovation and growth Focus 2: Solutions Acquisition of technologies, products and market access to accelerate growth Focus 3: • Acquisition of technologies, products or market access or • Minority shareholding to secure technological access Focus 3 in p
Slide 27: Strategic achievements 2021
Strategic achievements 2021 Strategic focuses Strategic achievements Focus 3: ▪ Acquired micro gas analyzer company Qmicro B.V. Develop technologies for long-term growth ▪ Completed full acquisition of IRsweep, provider of optical sensing solutions in the IR. ▪ Acquired AiSight Inc., start-up compan
Slide 28: Disclaimer
Disclaimer Certain statements in this document are forward-looking statements, including, but not limited to, those using words such as "believe", "assume", "expect" and other similar expressions. Such forward-looking statements are based on assumptions and expectations and, by their nature, involve
Slide 29: www.sensirion.com
www.sensirion.com © Copyright Sensirion Holding AG, Switzerland Investor presentation 29
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