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Q4 2021 Melexis NV Earnings Call Transcript
Hello, and welcome to the Melexis FY 2021 Results Call.
(Operator Instructions)
I'd now like to hand over to our host, Mark Biron, CEO, to begin the call. Thank you.
Hello, everyone. It's a pleasure to welcome you again to our earnings call related to the Q4 and the full year results of 2021.
Today, we are 2 speakers. Karen Van Griensven, our CFO; and myself. Let's cover first on top line and financial background, after which Karen and myself will be happy to answer any questions you may have. Q4 comes with a fourth sales record in a row of EUR 166.3 million, an increase of 13% year-on-year and 2% quarter-on-quarter.
The full year result is EUR 643.8 million, an increase of 27% year-on-year. Those very good results leads to a 97% increase of our operating result if we compare 2021 with 2020. As a consequence of the sales increase, I am proud to announce that Melexis shipped on average 18 IC per car produced worldwide.
In 2021, we have launched 16 new products. Melexis
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