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ELG Elmos Semiconductor SE News Story

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Strong Q3 results boost semiconductor supplier Elmos shares

** Shares in German semiconductor supplier Elmos ELGG.DE rise around 6% after the company reported Q3 results, with operating profit ahead of analysts' expectations

** Metzler points to the confirmed FY outlook, with a raised outlook for FCF margin to 10% from 7%

** Stifel sees encouraging orders and strong FCF in Q3

** Metzler says it sees further multiple expansion for the stock and that the sustainable shift to higher margin and cash flow should support a higher valuation going forward

** The stock is seen at the top of Germany's small-cap index .SDAXI

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))

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