Elmos Semiconductor SE
Elmos Semiconductor AG increases sales and EBIT in Q2 2019
DGAP-News: Elmos Semiconductor AG / Key word(s): Half Year Results/Quarterly / Interim Statement Sales +8.6% / EBIT margin: 17.4% ─ guidance confirmed Dortmund, Germany, August 1, 2019: Elmos Semiconductor AG (FSE: ELG) increased its sales by 8.6% year on year to 75.0 million Euro in the second quarter of 2019. EBIT rose to 13.0 million Euro, corresponding to an EBIT margin of 17.4%. Capital expenditures in the reporting quarter stood at 9.1 million Euro, or 12.2% of sales. The adjusted free cash flow amounted to -1.7 million Euro. “The first half of 2019 developed as expected. Steadily increasing sales in the current market environment show the potential of our products. We convince with our solutions and expand our market share with innovative, differentiating semiconductors,” says Dr. Anton Mindl, CEO of Elmos Semiconductor AG. Elmos confirms the guidance for fiscal year 2019 and expects year-on-year sales growth of 6% to 10%, with an EBIT margin of between 13% and 17%. Capital expenditures are expected to amount to less than 15% of sales. Elmos expects to achieve positive adjusted free cash flow in 2019. The guidance is based on an exchange rate of 1.15 USD/EUR. Overview of financials Figures according to IFRS (in million Euro or percent unless otherwise indicated):
Definitions of selected financial indicators Interim report 2019 About Elmos Semiconductor AG Notice Elmos Semiconductor AG Thalea Blunk, Head of Investor Relations, Fon: +49231‐7549‐273 Mathias Kukla, Press Relations, Fon: +49231‐7549‐199 Email: invest@elmos.com
01.08.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Elmos Semiconductor AG |
Heinrich-Hertz-Str. 1 | |
44227 Dortmund | |
Germany | |
Phone: | +49 (0)231 7549-510 |
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: | 849719 |
End of News | DGAP News Service |