Sensirion Holding AG Says It Ends Activities In Condition Monitoring Focusing On Methane Emission Monitoring As A Data-Based Service Business

Reuters04-09

Sensirion Holding AG :: Sensirion Ends Activities In Condition Monitoring; Focusing On Methane Emission Monitoring As A Data-Based Service Business.Sensirion Holding - Impairments (Non-Cash) Of Around Chf 25 Million, Restructuring Costs And Provisions For Closure Of Site Of Chf 3-5 Million In 2024.Decision Will Lead To A Slight Improvement In Operating Cash Flow From 2025 Onwards.: Will Lead To Closure Of Sensirion'S Berlin Site.Decision Will Also Have No Significant Impact On Sensirion'S Medium- And Long-Term Growth Potential.Sensirion Holding - Company Expects To Incur Restructuring Costs And Provisions Related To Termination Of Activities Of Around Chf 3-5 Million In 2024.Sensirion Holding: Co Regrets Loss Of Jobs There, But Will Provide Very Well-Trained Employees Who Are Affected With Best Possible Support.Expects An Improvement In Operating Cash Flow In Low Single-Digit Million Chf Range From 2025 Onwards..: Decision Will Also Have No Significant Impact On Sensirion'S Medium- And Long-Term Growth Potential.

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