Elmos Semiconductor SE Sets Ambitious 2030 Financial Targets

• Elmos Semiconductor SE has announced midterm financial targets for 2030.
• The company aims for full-year group sales of approximately 1 billion Euro by 2030.
• The targeted EBIT margin is around 25% of sales.
• Elmos plans to focus on higher cash generation while maintaining profitable growth.
• The company intends to invest less than 10% of sales in property, plant, and equipment, as well as intangible assets.
• Strategies to improve adjusted free cash flow include reducing CAPEX ratio, optimizing working capital, and lowering the tax rate.

The next important date, Publication of quarterly report (as of Q3), at Elmos Semiconductor is on 06.11.2024.

The price of Elmos Semiconductor at the time of the news was 56,90EUR and was up +0,71 % compared with the previous day.
15 minutes after the article was published, the price was 62,40EUR this corresponds to a plus of +9,67 % since publication.
At this time, the index SDAX was at 13.381,32PKT (+0,52 %).

Elmos Semiconductor

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-15,60 %

-20,35 %

+15,51 %

+225,48 %

+228,00 %

+142,67 %

ISIN:DE0005677108WKN:567710

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