18.07.2018
Elmos Semiconductor AG DE0005677108
DGAP-Adhoc: Elmos Semiconductor AG: EBIT margin well above consensus in Q2
DGAP-Ad-hoc: Elmos Semiconductor AG / Key word(s): Quarter Results
Elmos Semiconductor AG: EBIT margin well above consensus in Q2
18-Jul-2018 / 18:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Dortmund, Germany, July 18, 2018: According to preliminary figures, Elmos
Semiconductor AG (FSE: ELG) anticipates sales growth of 16.2% year on year
to 69.1 million Euro in the second quarter of 2018. Management expects EBIT
to nearly double to 12.2 million Euro, which corresponds to an EBIT margin
of 17.7%. EBIT will therefore significantly exceed the consensus of analyst
estimates compiled by Elmos. Capital expenditures in the second quarter of
2018 are expected to come in at 11.4 million Euro, or 16.4% of sales, with
an adjusted free cash flow of -1.1 million Euro.
Elmos confirms the guidance for 2018 and continues to anticipate sales
growth of 8% to 12% for the current financial year. The EBIT margin is
expected to be between 13% and 17%. Capital expenditures should amount to
less than 15% of sales, with a negative adjusted free cash flow expected.
Continued good economic conditions are the prerequisite for this guidance.
The forecast is based on an exchange rate of 1.20 USD/EUR.
All figures for the second quarter of 2018 are preliminary. Elmos will
publish its full results on August 2, 2018.
Interim report 2018
You will find more information on the second quarter of 2018 and the first
half of 2018 for Elmos Semiconductor AG in the interim report for the first
half of the year 2018. This report will be available at www.elmos.com on
August 2, 2018. Elmos will hold a conference call (in English) for analysts
and investors at 11:00 a.m. (CEST) on August 2, 2018. The conference call
will be uploaded to the website later, where it can be accessed.
About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors and sensors, primarily
for use in the automotive industry. Our components communicate, measure,
regulate and control safety, comfort, powertrain and network functions. For
over 30 years, Elmos innovations have been bringing new functions to life
and making mobility worldwide safer, more comfortable and more energy
efficient.
Definitions of select financial indicators
- Adjusted free cash flow: Cash flow from operating activities less capital
expenditures for/plus disposals of intangible assets and property, plant and
equipment
- Capital expenditure: Capital expenditures for intangible assets and
property, plant and equipment less capitalized development expenses
- You will find further explanations of the indicators used in the 2017
Annual Report for Elmos Semiconductor AG at www.elmos.com
Notice
This release contains forward-looking statements that are based on
assumptions and estimates made by the Elmos management. Even though we
assume the underlying expectations of the forward-looking statements to be
realistic, we cannot guarantee the expectations will prove right. The
assumptions may carry risks and uncertainties, and as a result actual events
may differ materially from the forward-looking statements. Among the factors
that could cause such differences are changes in general economic and
business conditions, fluctuations of exchange rates and interest rates, the
introduction of competing products, lack of acceptance of new products, and
changes in business strategy. Elmos neither intends nor assumes any
obligation to update its statements with respect to future events.
Contact
Elmos Semiconductor AG
Thalea Willms, Head of Investor Relations, Fon: +49231‐7549‐273
Mathias Kukla, Press Relations, Fon: +49231‐7549‐199
Email: [email protected]
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Language: English
Company: Elmos Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Germany
Phone: +49 (0)231 7549-510
Fax: +49 (0)231 7549-111
E-mail: [email protected]
Internet: http://www.elmos.com
ISIN: DE0005677108
WKN: 567710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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706009 18-Jul-2018 CET/CEST
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