Elmos Semiconductor SE starts the new fiscal year as expected – guidance for 2025 confirmed - Seite 2

For the rest of the year, the Company expects inventory adjustments to gradually come to an end and order volumes to increase successively. However, visibility remains limited, and the economic environment continues to be challenging.

The full-year guidance from February 2025 is fully confirmed and reflects the current uncertain situation in the core markets relevant for the Company and the low visibility. The Company is currently unable to predict the potential impact of the current tariff issues on relevant markets or on the overall economic development. However, if trade relations deteriorate further, this could have a noticeable impact on the financial performance in fiscal year 2025. For fiscal year 2025, Elmos expects sales of 580 million Euro ± 30 million Euro and an EBIT margin of 23% ± 3 percentage points of sales. The Company expects capital expenditures for property, plant and equipment and intangible assets, less capitalized development expenses, to amount to approximately 7% ± 2 percentage points of sales. For fiscal year 2025, Elmos expects a positive adjusted free cash flow of 7% ± 2 percentage points of sales and thus significantly above the level of the prior year (2024: 0.9% of sales). 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):

				Q1/25	Q1/24	Diff.
Sales				126.9	136.8	-7.3%
Gross profit				55.1	62.6	-12.1%
Gross margin in %				43.4%	45.8%
Research and development				17.6	16.2	8.8%
Operating Income				23.8	31.1	-23.6%
EBIT				25.6	33.8	-24.1%
EBIT margin in %				20.2%	24.7%
Consolidated net income