EQS-News

Elmos Semiconductor SE: Successful third quarter 2022 with a significant increase in sales and profitability - Seite 2

The company now expects sales of more than 440 million Euro for full-year 2022 thanks to the strong performance of its business in the first nine months of 2022 and the continued encouraging order situation. The operating EBIT margin is now expected to be 23% ± 2 percentage points. This does not include any effects from a possible closing of the sale of the Elmos wafer fab to Silex Microsystems AB. Capital expenditures will remain around 17% ± 2 percentage points of sales. For fiscal year 2022, the company is still forecasting a positive operating adjusted free cash flow exceeding the prior-year figure (11.1 million Euro). The guidance is based on an exchange rate of 1.00 EUR/USD.

Overview of the financial figures
Figures according to IFRS (in million Euro or percent unless otherwise indicated):

	Q3/22	Q3/21	Diff.	9M/22	9M/21	Diff.
Sales	119.6	80.8	48.0%	321.7	236.8	35.9%
Gross profit	54.0	34.7	55.3%	144.3	101.4	42.3%
Gross margin in %	45.1%	43.0%		44.8%	42.8%
Research and development	11.4	12.9	-11.6%	40.1	37.7	6.3%
Operating income	32.7	13.7	2.4x	75.0	37.8	98.5%
EBIT	29.8	13.6	2.2x	74.4	38.3	94.4%
EBIT margin in %	24.9%	16.8%		23.1%	16.2%
Consolidated net income