Elmos Semiconductor SE starts the new fiscal year as expected – guidance for 2025 confirmed

EQS-News: Elmos Semiconductor SE / Key word(s): Quarter Results Elmos Semiconductor SE starts the new fiscal year as expected – guidance for 2025 confirmed 06.05.2025 / 07:39 CET/CEST The issuer is solely responsible for the content of this announcement. Elmos Semiconductor SE starts the new fiscal year as expected – guidance for 2025 confirmed

Sales reach 126.9 million Euro in the first quarter, with EBIT at 25.6 million Euro, adjusted free cash flow significantly improved to 21.5 million Euro

Leverkusen, May 6, 2025: Elmos Semiconductor SE (FSE: ELG) has started 2025 as planned in a continuing challenging environment. At 126.9 million Euro, sales in the first quarter were below the previous year (Q1 2024: 136.8 million Euro) being influenced by ongoing inventory adjustments by customers and a generally subdued market development. Earnings before interest and taxes (EBIT) reached 25.6 million Euro (Q1 2024: 33.8 million Euro) and were also impacted by fixed cost effects due to the lower volume. As a result, the EBIT margin stood at 20.2% (Q1 2024: 24.7%). In the first quarter, capital expenditures for intangible assets and property, plant and equipment less capitalized development expenses amounted to 13.5 million Euro (Q1 2024: 20.3 million Euro). Adjusted free cash flow developed particularly well in the first quarter, totalling 21.5 million Euro, which was significantly above the prior-year figure as expected (Q1 2024: -48.9 million Euro).

“Despite the continuing challenging economic environment, we recorded a solid start to the year. Sales and earnings were impacted by lower order volumes from our customers and were in line with our expectations. Our program to optimize personnel and material costs will deliver its results over the year. The consequent measures to improve our cash performance sustainably are also showing success and had a positive impact on free cash flow in the first quarter. Structurally, the automotive semiconductor market continues to offer high growth opportunities for innovative and agile companies such as Elmos due to the increased use of intelligent electronics and software functions in modern vehicles,” says Dr. Arne Schneider, CEO of Elmos Semiconductor SE.