Elmos Semiconductor SE
Elmos Semiconductor SE: Q2 2021 guidance above market expectations
Elmos Semiconductor SE / Key word(s): Forecast Public disclosure of insider information pursuant to Art. 17 MAR Elmos Semiconductor SE (FSE: ELG) recorded a successful start into the year 2021. Group sales increased significantly by 20.1% in the first three months of the year to 77.1 million Euro, the highest quarterly sales to date in the Company’s history (Q1 2020: 64.2 million Euro). EBIT rose to 12.2 million Euro in the first quarter of 2021 (Q1 2020: 7.1 million Euro). The EBIT margin improved to 15.8% compared to 11.0% in the previous year. The first quarter therefore lived up to the guidance (sales: 76 ± 3 million Euro; EBIT margin: 14.5% ± 1.5 percentage points). Elmos anticipates sales of 79 ± 3 million Euro in Q2 2021. The EBIT margin is expected at 16% ± 1.5 percentage points. These figures are above market expectations. The guidance is based on an exchange rate of 1.20 EUR/USD. Quarterly statement Q1 2021 Contact About Elmos Notice
04-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Elmos Semiconductor SE |
Heinrich-Hertz-Str. 1 | |
44227 Dortmund | |
Germany | |
Phone: | +49 (0)231 7549-575 |
Fax: | +49 (0)231 7549-111 |
E-mail: | invest@elmos.com |
Internet: | http://www.elmos.com |
ISIN: | DE0005677108 |
WKN: | 567710 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1192329 |
End of Announcement | DGAP News Service |