Feb 17 (Reuters) - ELMOS SEMICONDUCTOR SE ELGG.DE :
* STRONG FINISH TO A RECORD-BREAKING 2021 - MEDIUM-TERM EBIT
MARGIN TARGET INCREASED TO 20%
* FY EBIT 60 MILLION EUR VERSUS 8.7 MILLION EUR YEAR AGO
* FY SALES 322.1 MILLION EUR VERSUS 232.6 MILLION EUR YEAR
AGO
* EXPECTS SALES GROWTH OF AT LEAST 15% TO MORE THAN 370
MILLION
EURO AND AN OPERATING EBIT MARGIN OF 20% ± 2 PERCENTAGE POINTS
OF SALES FOR FISCAL YEAR 2022.
* FY OPERATING INCOME UP AT EUR 59.9 MILLION
* FY CONSOLIDATED NET INCOME AFTER NON-CONTROLLING INTERESTS
39.8
MILLION EUR VERSUS 6.4 MILLION EUR YEAR AGO
Source text for Eikon: ID:nEQ3RQQtWa
Further company coverage: ELGG.DE
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))