Micronas Semiconductor Holding AG Reports Consolidated Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for the First Half of 2015
Apr 23 15
Micronas Semiconductor Holding AG reported consolidated earnings results for the first quarter of 2015. For the quarter, the company’s net sales reached CHF 35.7 million. This is a fall of 8.1% compared with the fourth quarter of 2014. After adjusting for currency movements, sales went up 6% quarter on quarter. Operating profit (EBIT) was down slightly from the previous quarter's CHF 1.4 million to CHF 1.3 million. After financial income and taxes, this resulted in a loss of CHF 4.4 million for the first quarter of 2015. This loss is mainly due to the valuation of euro- denominated cash holdings at the company, which led to a book loss of CHF 6.0 million following the removal of the EUR-CHF minimum rate. Loss per share was CHF 0.15.
The board of directors and management of the company still expect sales of around CHF 71 million for the first half of 2015 based on an EUR/CHF rate of 1.05. Owing to the conversion of money held in foreign currencies, a loss is expected at net profit level. The EBIT margin for the first half of 2015 is likely to be between 3% to 4%.
Micronas Semiconductor Holding AG Reports Consolidated Earnings Results for the Fourth Quarter and Full Year 2014; Provides Sales Forecast for the First Half of 2015
Feb 26 15
Micronas Semiconductor Holding AG reported consolidated earnings results for the fourth quarter and full year 2014. For the quarter, the company reported net sales of CHF 38,825,000 compared to CHF 38,535,000 for the third quarter of last year. Operating profit (EBIT) of CHF 1,424,000 compared to CHF 1,678,000 for the third quarter of last year. EBITDA was CHF 4,656,000 compared to CHF 4,486,000 for the third quarter of last year. Net profit for the period was CHF 355,000 or CHF 0.01 per share compared to CHF 793,000 or CHF 0.02 per share for the third quarter of last year. Cash flow from operating activities was CHF 2,789,000 compared to CHF 2,614,000 for the third quarter of last year.
For the year, the company reported net sales of CHF 158,450,000 compared to CHF 151,919,000 a year ago. Operating profit (EBIT) of CHF 6,392,000 compared to CHF 8,082,000 a year ago. EBITDA was CHF 18,060,000 compared to CHF 19,415,000 a year ago. Net profit for the period was CHF 3,448,000 or CHF 0.12 per share compared to CHF 6,635,000 or CHF 0.23 per share a year ago. Cash flow from operating activities was CHF 3,230,000 compared to CHF 10,597,000 for the last year.
For the first half of 2015, the company expects sales forecast of CHF 71 million.
Micronas Unveils New HAR 24xy Dual-Die Sensor Family
Feb 12 15
Micronas has unveiled new HAR 24xy dual-die sensor family. The first members HAR 2425 and HAR 2455 are designed to match the performance, diagnostic and safety requirements of most demanding automotive and industrial applications. First samples are available in May 2015. Start of production is planned for the second half of the year. The new sensor family particularly suits automotive applications, such as throttle position measurement, pedal position detection and exhaust gas recirculation (EGR) but can be used also for current measurement and every kind of position detection or as an alternative to contactless potentiometers. For these applications, the very thin TSSOP14 package brings several benefits: It perfectly fits into space-demanding applications with reduced air gap. The very small distance between the plates of the dies significantly improves the correlation between the two output signals. The resulting improved sensitivity of the sensor enables a much smaller magnet design. Furthermore, the magnet is located closer to the sensor's active area which makes the overall design less sensitive to stray parasitic fields. This integration of two dies brings true system redundancy at the supply and output levels while offering the best features of its proven HAL 24xy Linear Hall-sensor family, for example its high immunity against temperature variations or its design flexibility. The HAR 24xy family members enable its automotive customers extremely robust sensor solutions with redundant capabilities allowing at the same time to significantly reduce their system costs. The sensor's high accuracy is based on a sophisticated 16-bit signal path with an integrated digital signal core delivering a ratiometric 12-bit analog (HAR 2425) or up to 2 kHz PWM (HAR 2455) output signal. Both versions include an output linearization compensation function using 16 programmable set points to correct magnet linearity errors or to increase distance measurements. Enhanced detection functions and error diagnostic coverage offer numerous capabilities including wire break detection and thermal supervision in the case of over-current or short circuit events. When an over-temperature between two sensor outputs is detected, different modes can be defined as to how the device reports the failure - with output set to ground, supply or tristate configuration. To ease design and production activities there is a development board available together with LabView based programming software.