If we'd had access to the supplies we needed, we could have sold even more
Revenues are evidence of product demand and operational strengths
Electrification and decarbonization, which drive our business, are accelerating
Strong underlying growth in all our markets offers many opportunities to capture growth
LEM is ideally positioned to support customers in the electrification era
Full Year Results 2022/23 25.05.2023 3
Record financial results for full year 2022/23
Profitability remains robust
We are delighted to report record annual results
Sales increased by 8.8% to CHF 406.4 million
Without FX impact, sales would have increased by 12.6%
We achieved this despite lockdowns in China, supply chain difficulties, and geopolitical challenges
Our revenues demonstrated the fundamental demand for our products and the strengths of the company operationally
Another milestone was our move to our new headquarters in Meyrin, Geneva, in April 2022
LEM's innovative spirit is visible, and collaboration between teams is facilitated
Full Year Results 2022/23 25.05.2023 4
Penang, Malaysia, site progress
Building handover planned for end of September 2023
Construction slightly ahead of schedule
Recruitment showing significant progress, high
quality candidates available in Malaysia
First exports expected early 2024
Strategic location to improve supply chains, increase
resilience, and better meet the needs of customers
in Asia, as well as Europe and the Americas
Main testing base for integrated current sensor (ICS)
products for Automation, Automotive and Renewable
Site per May 2023
Energy
Full Year Results 2022/23 25.05.2023 5
Attachments
Original Link
Original Document
Permalink
Disclaimer
LEM Holding SA published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 08:01:06 UTC.
Lem Holding SA is Switzerland-based holding company engaged in the electric measurement industry sector. The Company's core products are transducers for measuring electrical parameters like current and voltage, which are used in the industrial, traction, automation and automotive markets. The Company is organized, along with its subsidiaries, into two segments: the Industry segment develops, manufactures and sells electronic components called transducers for the measurement of current and voltage of various industrial applications, and the Automotive segment develops, manufactures and sells transducers for applications in automotive markets. The Companyâs current and voltage transducers are also used in alternating current and direct current (AC/DC) converters, uninterrupted power supply systems for computers, as well as in micro turbines, wind and solar power generation. The Company has production plants in Beijing, China; Geneva, Switzerland; Machida, Japan, and Sofia, Bulgaria.
LEM HOLDING SA 
