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u-blox AG Zürcherstrasse 68 8800 Thalwil, Switzerland http://www.u-blox.com
Contact Mr Roland Jud +41 44 722 74 25
Company logo of u-blox AG
u-blox AG

u-blox provides optimistic outlook for 2012

Board of directors to propose dividend

(PresseBox) (Thalwil, Switzerland, )
u-blox, a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets, announces a positive business outlook for 2012.

For the full year 2012, u-blox management believes that revenues of up to CHF 155 million and an EBIT of approximately CHF 20 million can be achieved. The indications are based on exchange rates of 1.22 for EUR/CHF and 0.90 for USD/CHF.

u-blox' natural hedge against foreign exchange variations at the level of material costs helps to keep foreign currency impacts on gross profit limited. Revenue and EBIT, however, remain sensitive to the
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.