Brief: Elmos Semiconductor Q4 Sales At EUR 68.7 Mln

Elmos Semiconductor SE

17/02/2021 06:20

Feb 17 (Reuters) - ELMOS SEMICONDUCTOR SE  ELGG.DE :
    * STRONG FINAL QUARTER WITH 13% EBIT MARGIN - SUBSTANTIAL
GROWTH
MOMENTUM IN Q1 2021
    * Q4 SALES 68.7 MILLION EUR
    * IN FISCAL YEAR 2021, ELMOS ANTICIPATES A SIGNIFICANT
INCREASE IN
SALES AND EBIT COMPARED TO PREVIOUS YEAR
    * Q4 EBIT WAS 8.9 MILLION EURO, WITH EBIT MARGIN IN Q4 2020
OF
13.0% APPROACHING PRE-CRISIS LEVELS.
    * EXPECTS TO GENERATE A POSITIVE ADJUSTED FREE CASH FLOW
ABOVE
PREVIOUS YEAR FOR FISCAL YEAR 2021
    * IN Q1 OF 2021, ELMOS EXPECTS TO GENERATE SALES OF 76
MILLION
EURO (± 3 MILLION EURO
    * Q4 EBIT WAS 8.9 MILLION EURO, WITH EBIT MARGIN IN Q4 2020
OF
13.0% APPROACHING PRE-CRISIS LEVELS
    * CAPITAL EXPENDITURES ARE EXPECTED TO BE SIGNIFICANTLY
HIGHER
YEAR ON YEAR IN 2021
    * Q1 EBIT MARGIN IS EXPECTED AT 14.5% (± 1.5 PERCENTAGE
POINTS)

Source text for Eikon:  ID:nEQbVw91Ga 
Further company coverage:  ELGG.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))