Elmos shares tumble on Q4 results, 2025 guidance miss

Elmos Semiconductor SE

18/02/2025 08:33

** Shares in Germany's Elmos  ELGG.DE  fall 6% after the
semiconductor company's Q4 results and a muted 2025 guidance
missed expectations
    ** Stifel says the current automobile market weakness has
taken its toll on Elmos results, with only 1% sales growth in
2024, though it compares favourably to peers
    ** The broker says 2024 free cash flow (FCF) was
"disappointing", as it was significantly bolstered by the
company's sale of the Dortmund wafer fab to Littlefuse for 55
million euros ($58 million)
    ** A local trader says reporting was mixed, with 2025
guidance a touch below consensus but also cautious  
    ** Stifel points to capex guidance of "just 7% of sales for
2025, which is ~50% below what consensus had expected on an
absolute level"
    ** Shares in Elmos are on track for their worst day since
September 2024


($1 = 0.9555 euros)

 (Reporting by Bernadette Hogg)
 ((bernadette.hogg@thomsonreuters.com))