Brief: Elmos Semiconductor Preliminary FY Group Sales Up At Eur 447.2 Million

Elmos Semiconductor SE

16/02/2023 06:51

Feb 16 (Reuters) - ELMOS SEMICONDUCTOR SE  ELGG.DE :
    * OUTLOOK 2023: COMPANY EXPECTS TO GENERATE AN ADJUSTED FREE
CASH
FLOW IN FISCAL YEAR 2023 AT LEVEL OF PREVIOUS YEAR (14.9 MILLION
EURO) ± 10 MILLION EURO
    * SALES REACHED 125.5 MILLION EURO (Q4 2021: 85.3 MILLION
EURO),
UP 5.0% SEQUENTIALLY AND UP 47.1% YEAR-OVER-YEAR
    * EXPECTS TO GENERATE SALES OF MORE THAN 560 MILLION EURO IN
FISCAL YEAR 2023
    * CONTINUED HIGH DEMAND FOR ELMOS SEMICONDUCTORS FUELED
GROUP
SALES TO REACH A NEW RECORD LEVEL OF 447.2 MILLION EURO
ACCORDING TO PRELIMINARY UNAUDITED FIGURES, UP 125.2 MILLION
EURO, OR 38.9%, FROM PRIOR YEAR (2021: 322.1 MILLION EURO)
    * OUTLOOK 2023: EBIT MARGIN OF 25% ± 2 PERCENTAGE POINTS OF
SALES
    * FY GROUP SALES TO REACH A NEW RECORD LEVEL OF 447.2
MILLION
EURO, UP 125.2 MILLION EURO, OR 38.9%, FROM PRIOR YEAR (2021:
322.1 MILLION EURO)

Further company coverage:  ELGG.DE 
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