Melexis Q1 2019 results - First quarter sales of 116.5 million EUR
(WorldNews Africa)

Intermediate declaration by the Board of Directors Ieper, Belgium - April 23rd, 2019, 07.00 am CET Sales for the first quarter of 2019 were 116.5 million EUR, a decrease of 16% compared to the same quarter of the previous year and a decrease of 18% compared to the previous quarter. The EUR/USD exchange rate evolution had a positive impact on sales of 3% compared to the same quarter of last year and no impact compared to the previous quarter. The gross result was 46.8 million EUR or 40.1% of sales, a decrease of 26% compared to the same quarter of last year and a decrease of 27% compared to the previous quarter. R&D expenses were 17.0% of sales, G&A was at 6.5% of sales and Selling was at...