Brief: Elmos Q3 Adjusted Free Cash Flow At EUR 33.9 Mln

Elmos Semiconductor SE

08/11/2023 06:48

Nov 8 (Reuters) - ELMOS SEMICONDUCTOR SE  ELGG.DE :
    * PROFITABLE GROWTH TRAJECTORY CONTINUES IN THIRD QUARTER OF
2023
    * CAPITAL EXPENDITURES, IN PARTICULAR FOR EXPANSION OF
TESTING
CAPACITIES, AMOUNTED TO 34.0 MILLION EURO IN Q3 OF 2023 (Q3
2022: 21.0 MILLION EURO)
    * ADJUSTED FREE CASH FLOW STOOD AT 33.9 MILLION EURO IN Q3
2023
(Q3 2022: -8.7 MILLION EURO)
    * CONTINUES TO ANTICIPATE SALES OF MORE THAN 560 MILLION
EURO AND
AN EBIT MARGIN OF 25% ± 2 PERCENTAGE POINTS OF SALES FOR FULL
YEAR 2023
    * EXPECTS A NEGATIVE OPERATING ADJUSTED FREE CASH FLOW IN
2023
(EXCLUDING EFFECTS FROM M&A TRANSACTIONS)

Source text for Eikon:  ID:nEQ1vvsbja 
Further company coverage:  ELGG.DE 

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