06.05.2020 Elmos Semiconductor AG  DE0005677108

DGAP-News: Elmos Semiconductor AG: Sales growth of 3.3% in Q1 2020


 

DGAP-News: Elmos Semiconductor AG / Key word(s): Quarter Results/Forecast
Elmos Semiconductor AG: Sales growth of 3.3% in Q1 2020

06.05.2020 / 07:30
The issuer is solely responsible for the content of this announcement.


Coronavirus expected to affect the rest of the year

Dortmund, May 6, 2020: Elmos Semiconductor AG (FSE: ELG) increased sales by 3.3% year on year, to 64.2 million Euro, in the first quarter of 2020 (Q1 2019 sales of continuing operations of 62.2 million Euro). EBIT amounted to 7.1 million Euro. That corresponds to an EBIT margin of 11.0% and reflects the expansion of development resources, among other things. Capital expenditures amounted to 5.8 million Euro, or 9.1% of sales. High operating cash flow also had a positive effect on the adjusted free cash flow of 13.5 million Euro in the reporting quarter.

"We assume that the numerous plant closures among automotive manufacturers will have a significant negative impact on business performance over the rest of the year," says Dr. Anton Mindl, CEO of Elmos Semiconductor AG. "Elmos started protecting its employees with comprehensive preventive measures at an early stage. At the same time, we have implemented operational measures including short-time work, and will expand those measures to manage the economic effects of the crisis caused by the pandemic. Since, among other things, customer acquisition continues at the same high level, we believe that Elmos remains in a very strong position in the medium term. That is particularly the case thanks to our strong financial position."

Elmos expects sales of between 55 and 60 million Euro in Q2 2020. An EBIT margin of between 1% and 6% of sales is expected. The guidance is based on an exchange rate of 1.10 EUR/USD. Due to the current situation, no full year guidance is being issued for 2020.
 

Overview of financials

Figures according to IFRS (in million Euro or percent unless otherwise indicated):

  Q1/20 Q1/19* Diff.
Sales 64.2 62.2 3.3%
Gross profit 28.1 27.7 1.4%
Gross margin in % 43.7% 44.5%  
Research and development 12.1 9.7 24.0%
EBIT 7.1 8.6 -17.7%
EBIT margin in % 11.0% 13.8%  
Consolidated net income after non-controlling interests 4.6 5.6 -18.1%
Basic earnings per share (Euro) 0.23 0.28 -17.8%
Capital expenditure 5.8 16.1 -63.8%
Capital expenditure in % 9.1% 23.3%  
Adjusted free cash flow 13.5 -10.4 n.a.
* For purposes of comparison, information on the consolidated income statement relates exclusively to continuing operations.

Definitions of selected financial indicators
- Adjusted free cash flow: Cash flow from operating activities, less investments in/plus disposals of intangible assets and property, plant and equipment (including proceeds from disposals of consolidated companies)
- Capital expenditures: Capital expenditures in intangible assets and property, plant and equipment less capitalized development costs
- Further information on the key figures used can be found in the 2019 Annual Report of Elmos Semiconductor AG at www.elmos.com

Quarterly statement report Q1 2020
Further information on the first quarter 2020 of Elmos Semiconductor AG can be found in the quarterly statement Q1 2020, which will be available on May 6, 2020 at www.elmos.com. Elmos will also hold a conference call (in English) for analysts and investors on May 6, 2020 at 11.00 a.m. (CEST). The conference call will be available later on the website.

Contact
Elmos Semiconductor AG
Janina Rosenbaum, Head of Investor Relations, Phone: +49-231‐7549‐287
Mathias Kukla, Press Relations, Phone: +49-231-7549-199
E-mail: [email protected]

About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors, 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.

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.



06.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Elmos Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Germany
Phone: +49 (0)231 7549-575
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
EQS News ID: 1036405

SDAX
 
End of News DGAP News Service

1036405  06.05.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 250,43 277,60 273,40 232,56 322,09 447,25 575,01
EBITDA1,2 62,67 78,50 78,99 39,60 91,34 153,59 192,95
EBITDA-Marge3 25,02 28,28 28,89 17,03 28,36 34,34
EBIT1,4 38,43 51,00 29,80 8,69 59,98 110,13 150,68
EBIT-Marge5 15,35 18,37 10,90 3,74 18,62 24,62 26,21
Jahresüberschuss1 24,75 35,40 18,50 6,47 39,89 71,30 99,02
Netto-Marge6 9,88 12,75 6,77 2,78 12,39 15,94 17,22
Cashflow1,7 37,91 51,00 45,57 27,28 79,60 98,64 102,64
Ergebnis je Aktie8 1,26 1,79 4,36 0,35 2,24 4,17 5,79
Dividende8 0,40 0,52 0,52 0,52 0,65 0,75 0,35
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
Elmos Semiconductor
WKN Kurs in € Einschätzung Börsenwert in Mio. €
567710 73,400 Kaufen 1.299,18
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,47 15,22 0,74 26,61
KBV KCV KUV EV/EBITDA
3,00 12,66 2,26 6,79
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,75 0,85 1,16 15.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 01.08.2024 06.11.2024 14.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,64% 3,91% -0,81% -13,44%
    
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