Melexis Nv Ieper (MLXSF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.697 Welcome, everyone, joining us today for the Mlexus third quarter 2025 earnings 00:00:05.697 -- 00:00:10.723 call. I am Philippe Ludwig, Investor Relations Director, and I'm joined by today's 00:00:10.723 -- 00:00:15.829 speakers, CEO Marc Piron and CFO Garen van Gerintven. 00:00:15.829 -- 00:00:20.274 We will start with brief remarks on the business and financials before taking your questions, 00:00:20.274 -- 00:00:24.579 starting with Marc Piron. Marc, the floor is yours. 00:00:24.579 -- 00:00:29.630 Thank you, Philippe. Hello, everyone, and welcome to this earnings call. 00:00:29.630 -- 00:00:32.272 In the third quarter of 2025, 00:00:32.272 -- 00:00:35.375 we delivered sales of €215.3 00:00:35.375 -- 00:00:41.020 million, landing just above the top end of our guidance. 00:00:41.020 -- 00:00:46.965 This confirms another quarter of sequential growth and demonstrates that the recovery, 00:00:46.965 -- 00:00:50.406 while very gradual, continues. 00:00:50.448 -- 00:00:56.293 The quarter-to-quarter sales growth was driven mainly by Europe, while Asia-Pacific 00:00:56.293 -- 00:00:59.937 and the Americas were broadly stable. 00:00:59.937 -- 00:01:05.103 Asia Pacific continues to be our largest region with around 60% of the total 00:01:05.103 -- 00:01:07.103 sales. 00:01:07.285 -- 00:01:12.972 Within our product portfolio, the sales of our motor driver was strong during Q3, 00:01:12.972 -- 00:01:16.356 especially in automotive HVAC application, 00:01:16.356 -- 00:01:20.340 as well as in thermal management for EV powertrains. 00:01:20.340 -- 00:01:25.666 Our pressure sensors also performed well, particularly for internal combustion 00:01:25.666 -- 00:01:32.437 engine such as fuel management and after-treatment system to reduce emissions....