Brief: Elmos Semiconductor FY Results See Adj. FCF At 12.9 Mln Euro In 2023

Elmos Semiconductor SE

15/02/2024 06:51

Feb 15 (Reuters) - ELMOS SEMICONDUCTOR SE  ELGG.DE :
    * RECORD FINANCIAL RESULTS AND IMPORTANT STRUCTURAL PROGRESS
IN
FISCAL YEAR 2023
    * IN FISCAL YEAR 2024, ELMOS EXPECTS TO GENERATE SALES OF
605
MILLION EURO ± 25 MILLION EURO AND AN OPERATING EBIT MARGIN OF
25% ± 2 PERCENTAGE POINTS OF SALES
    * FULL-YEAR ADJUSTED FREE CASH FLOW STOOD AT 12.9 MILLION
EURO IN
2023
    * EXPECTS THAT CAPITAL EXPENDITURES FOR PROPERTY, PLANT AND
EQUIPMENT AND INTANGIBLE ASSETS, LESS CAPITALIZED DEVELOPMENT
COSTS, WILL AMOUNT TO APPROXIMATELY 12% ± 2 PERCENTAGE POINTS OF
SALES
    * FOR FY 2024, EXPECTS POSITIVE OPERATING ADJUSTED FREE CASH
FLOW
(EXCLUDING EFFECTS FROM CLOSING OF SALE OF ELMOS WAFER FAB TO
LITTELFUSE INC., USA)

Source text for Eikon:  ID:nEQ6Bt9Jda 
Further company coverage:  ELGG.DE 

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