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Press release - Regulated Information CONFORM IFRS Melexis Q1 2021 results - First quarter sales of 155.6 million EUR Intermediate declaration by the Board of Directors leper , Belgium - April 28th , 2021 , 07.00 hrs CET Sales Gross result Gross Margin EBIT EBIT in % EBITDA EBITDA in % Net result Net result per share ( EPS ) CAPEX in k EUR Q1 2021 155,634 65,289 42.0 % 34,511 22.2 % 46,528 29.9 % 27,765 0.69 10,951 Q1 2020 138,162 56,033 40.6 % 23,980 17.4 % 36,112 26.1 % 20,706 0.51 6,783 YOY growth ( % ) 13 % 17 % 44 % 1 29 % Melexis 34 % INSPIRED ENGINEERING Q4 2020 147,400 58,293 39.5 % 25,763 17.5 % 37,038 25.1 % 24,012 0.59 8,131 SEQ growth ( % ) 6 % 12 % 34 % 26 % 16 % Sales for the first quarter of 2021 were 155.6 million EUR , an increase of 13 % compared to the same quarter of the previous year and an increase of 6 % compared to the previous quarter . The EUR / USD exchange rate evolution had a negative impact on sales of 4 % compared to the same quarter of last year and no impact compared to the previous quarter . The gross result was 65.3 million EUR or 42.0 % of sales , an increase of 17 % compared to the same quarter of last year and an increase of 12 % compared the previous quarter . R & D expenses were 12.7 % of sales , G & A was at 4.9 % of sales and Selling was at 2.2 % of sales . The operating result was 34.5 million EUR or 22.2 % of sales , an increase of 44 % compared to the same quarter of last year and an increase of 34 % compared to the previous quarter . The net result was 27.8 million EUR or 0.69 EUR per share , an increase of 34 % compared to 20.7 million EUR or 0.51 EUR per share in the first quarter of 2020 and an increase of 16 % compared to the previous quarter . Outlook Melexis expects sales in the second quarter of 2021 in the range of 155-160 million euro . For the full year 2021 , Melexis expects a sales growth between 22 % and 25 % , with a gross profit margin of 41 % and an operating margin of 21 % at the midpoint of the sales guidance , all taking into account a EUR / USD exchange rate of 1.21 . Business comment - Françoise Chombar , CEO : " Continuing on its growth path , Melexis posted a sequential sales growth of 6 % in the first quarter of 2021 , propelled by strong demand and order intake on the one hand , yet constrained by extended lead times and ongoing issues in every step of the supply chain on the other . Structurally , we continue to enjoy strong momentum of new products and content growth . As demand continues to surge and shortages in the industry persist , matching the elevated demand with a limited supply is one of the biggest challenges we are facing today . Based on the current order book , it has now become more likely that sales in the second half of the year will remain strong . This is why we significantly increased our guidance for the full year . Melexis Financial Press Release Regulated Information