EQS-News

Elmos Semiconductor SE: Successful start into the new year – profitable growth continues - Seite 2

Based on the current order book and available capacities, Elmos 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. The full-year EBIT margin for 2023 is also still expected to stand at 25% of sales ± 2 percentage points. The expansion of test capacities will be continued in the current year, with Elmos forecasting capital expenditures of around 17% ± 2 percentage points of sales. Despite continued high investments and R&D expenses for future growth, the Company expects to generate an adjusted free cash flow in fiscal year 2023 at the level of the previous year (14.9 million Euro) ± 10 million Euro. The guidance is based on an exchange rate of 1.05 EUR/USD.

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

	Q1/23	Q1/22	Diff.
Sales	130.9	96.4	35.9%
Gross profit	59.3	43.9	34.9%
Gross margin in %	45.3%	45.6%
Research and development	16.0	13.6	17.7%
Operating Income	30.7	21.2	45.0%
EBIT	31.8	19.5	63.1%
EBIT margin in %	24.3%	20.2%
Consolidated net income