EQS-News

Elmos publishes 2023 Annual Report

EQS-News: Elmos Semiconductor SE / Key word(s): Annual Report/Dividend Elmos publishes 2023 Annual Report 14.03.2024 / 07:57 CET/CEST The issuer is solely responsible for the content of this announcement. Preliminary financial figures and guidance confirmed – dividend proposal raised to 0.85 Euro per share – own climate targets for 2023 achieved

Dortmund, March 14, 2024: Elmos Semiconductor SE (FSE: ELG) today published its financial statements and Annual Report for fiscal year 2023. The preliminary financials and the guidance from mid-February are confirmed in full.

Based on the very successful business and earnings development in the past fiscal year the supervisory and management boards will propose to the Annual General Meeting on May 15, 2024, a 13.3% higher dividend compared to the previous year, meaning 0.85 Euro per share (Previous year: 0.75 Euro per share).

 “Fiscal year 2023 was an exceptionally successful year for Elmos, with record financial results on the one hand and important structural progress on the other. We also want our shareholders to participate appropriately in this very positive development. We are therefore increasing the dividend proposal to the Annual General Meeting to 0.85 Euro per share, while simultaneously maintaining the financial flexibility required for the Company’s further strategic development and future growth,” says Dr. Arne Schneider, CEO of Elmos Semiconductor SE.

Besides its financial and strategic successes, Elmos also made significant progress in achieving its ambitious climate targets as part of its sustainability strategy in the 2023 financial year. As planned, greenhouse gas emissions for its own activities, i.e. in Scope 1 and 2, were reduced by 10% in 2023 compared to the base year 2022. In the medium term, Elmos plans to reduce these emissions by 40% by 2026 compared to the base year 2022. In the long term, the company aims to achieve complete climate neutrality in its own activities by 2035.