Germany's Elmos Semiconductor Q2 sales rise on strong demand

Elmos Semiconductor SE

04/08/2026 06:49

Overview
Germany automotive chipmaker's Q2 sales rose 11% yr/yr on strong product demand
Operating EBIT margin improved to 24.4% in Q2 from 20.6% a year ago
Company confirmed full-year 2026 guidance for double-digit sales growth and robust margins

Outlook
Elmos expects 2026 sales growth of 12% ± 2 percentage points
Company anticipates 2026 operating EBIT margin of 23% to 26% of sales
Elmos forecasts 2026 operating adjusted free cash flow of 19% ± 2 percentage points of sales

Result Drivers
STRONG DEMAND - Co said sales growth was driven by continued strong demand for its semiconductor solutions
NEW PRODUCT LAUNCHES - Co cited the launch of important new products as supporting growth
IMPROVED CASH GENERATION - Co said transformation efforts led to higher cash generation and profitability

Company press release: ID:nEQ1LZClDa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
EUR 162 mln
EUR 149 mln (1 Analyst)
Q2 Adjusted Free Cash Flow
 
EUR 14.90 mln
 
Q2 Capex
 
EUR 6.10 mln
 
Q2 Gross Profit
 
EUR 71.30 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Elmos Semiconductor SE is €170.00, about 14.1% above its August 3 closing price of €149.00
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 26 three months ago

Reuters Recommended Reads
Aug 4 - Austria's ams OSRAM Q2 revenue rises 4% on chip and auto demand
Aug 3 - Onsemi forecasts upbeat revenue on surging AI data center chip demand
Aug 3 - Advanced Energy Q2 revenue beats estimates on semiconductor demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)