Sensirion Holding Ag · SIX:SENS
Sensirion — Investor Presentation (2021)
28 slides from Sensirion's investor presentation, 2021
Slide 1: Sensirion Investor Presentation H2 2021
Sensirion Investor Presentation H2 2021 © Copyright Sensirion Holding AG, Switzerland Investor presentation
Slide 2: Sensirion at a glance
Sensirion at a glance © Copyright Sensirion Holding AG, Switzerland Investor presentation 2
Slide 3: 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 4: Solving complex problems everywhere
Solving complex problems everywhere Anti-fogging Natural gas Providing antifogging, engine and climate control to Reliable real-time monitoring of gas consumption for approximately one in three cars manufactured more than 5 million households. worldwide. Mass flow Humidity & temperature Monitoring t
Slide 5: Wide range of solutions across diverse end markets
Wide range of solutions across diverse end markets End market Automotive Medical Industrial Consumer % of H1 2021 revenue 26.5% 15.2% 48.6% 9.7% (excl. COVID-19-related ventilator business) Humidity/temperature (RHT) Gas (VOC, formaldehyde) ✓ ✓ ✓ ✓ Carbon dioxide (CO2) Environmental Particulate matt
Slide 6: Stability through strong market and customer diversification
Stability through strong market und customer diversification Highly diversified in end markets and regions (H1 2021)1 9.7% 26.5% 17.8% 43.6% 48.6% 15.2% 38.6% Automotive Medical Industrial Consumer APAC EMEA Americas 1 excluding COVID-19-related ventilator business © Copyright Sensirion Holding AG,
Slide 7: Global footprint ensures customer proximity
Global footprint ensures customer proximity 857 FTEs* Netherlands South Korea Hungary Japan Switzerland United States (Headquarters) China Taiwan Production R&D Sales * As of 30 June 2021 © Copyright Sensirion Holding AG, Switzerland Investor presentation 7
Slide 8: Our advantage is built on expertise across 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 9: 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 10: Strong growth with CAGR of 15% over years based on innovation
Strong growth with CAGR of 15% over 10 years based on innovation Revenue core Mobile business COVID-19-related ventilator business Gross margin 260 100% 240 220 200 75% 180 Revenue (CHFm) 160 57.4% 57.6% Gross margin 52.5% 55.4% 53.2% 53.7% 140 50% 120 253.7 100 174.8 171.0 80 148.0 153.0 131.2 131.
Slide 11: 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 12: 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 13: 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 14: 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 15: Strategy
Strategy © Copyright Sensirion Holding AG, Switzerland Investor presentation 15
Slide 16: 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 17: 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 18: 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 19: 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 20: 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 21: 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 22: 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 23: 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 24: 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 25: 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 26: Strategic achievements H1 2021
Strategic achievements H1 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. Focus 2: ▪ New environmental sensor b
Slide 27: 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 28: www.sensirion.com
www.sensirion.com © Copyright Sensirion Holding AG, Switzerland Investor presentation 28