Brief: Elmos Semiconductor Reports Q2 Sales of 136.0 mln Euro and EBIT margin of 25.1%

Elmos Semiconductor SE

27/07/2023 06:53

July 27 (Reuters) - Elmos Semiconductor Se  ELGG.DE :
    * EQS-NEWS: ELMOS SEMICONDUCTOR SE: SUCCESSFUL BUSINESS
PERFORMANCE CONTINUES IN SECOND QUARTER
    * SALES OF 136.0 MILLION EURO AND EBIT MARGIN OF 25.1% IN Q2
2023
UNDERLINE PROFITABLE GROWTH TRAJECTORY
    * CURRENT GUIDANCE FOR FISCAL YEAR 2023 AS OF JUNE 28, 2023
REMAINS UNCHANGED
    * ANTICIPATES SALES OF OVER 560 MILLION EURO AND EBIT MARGIN
OF
25% ± 2 PERCENTAGE POINTS OF SALES FOR FULL YEAR 2023
    * EXPECTS A NEGATIVE OPERATING ADJUSTED FREE CASH FLOW IN
2023

Source text for Eikon:  ID:nEQ36lcdfa 
Further company coverage:  ELGG.DE 

 (Reporting by Bharat Govind Gautam in Bengaluru)
 ((Reuters.Briefs@thomsonreuters.com;))