Brief: Elmos Semiconductor Sales Up 36% Y/Y In Q1 At EUR 130.9 Mln

Elmos Semiconductor SE

04/05/2023 06:46

May 4 (Reuters) - ELMOS SEMICONDUCTOR SE  ELGG.DE :
    * SUCCESSFUL START INTO THE NEW YEAR – PROFITABLE GROWTH
CONTINUES
    * AT 130.9 MILLION EURO, SALES UP 36% YEAR ON YEAR IN Q1
2023 -
EBIT MARGIN REACHES 24.3%
    * ELMOS SEMICONDUCTOR SE - STILL EXPECTS TO GENERATE SALES
OF MORE
THAN 560 MILLION EURO IN FISCAL YEAR 2023, CORRESPONDING TO AN
INCREASE OF AT LEAST 25% YEAR ON YEAR
    * ELMOS SEMICONDUCTOR SE - FULL-YEAR EBIT MARGIN FOR 2023 IS
ALSO
STILL EXPECTED TO STAND AT 25% OF SALES ± 2 PERCENTAGE POINTS

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

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))