Elmos Semiconductor SE

ELG

Equity

ISIN DE0005677108 / Valor 810140

Xetra (2024-11-20)

EUR 61.70-2.37%

Elmos Semiconductor SE
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About company

Elmos Semiconductor SE, headquartered in Dortmund, Germany, is a leading manufacturer specializing in automotive mixed-signal semiconductors. With approximately 40 years of experience in the industry, Elmos has established itself as a key player in the development, production, and distribution of semiconductor solutions primarily for automotive applications. The company's product portfolio includes microchips, or integrated circuits (ICs), that address the needs of global automotive megatrends such as autonomous driving, advanced driver-assistance systems (ADAS), electrification, sustainability, safety, connectivity, and comfort. Elmos claims that, on average, eight of its ICs are found in every new car produced as of fiscal year 2023. The company operates globally with 15 locations, including six research and development centers, and employs around 1,300 people, of whom approximately 450 are product developers and engineers. Elmos prides itself on its innovative solutions that enhance vehicle safety, comfort, and energy efficiency, positioning itself as a leader in applications with significant future potential, such as ultrasonic distance measurement and ambient and rear lighting.

Summarized from source with an LLMView SourceSector: Technology

Sales Growth

Elmos Semiconductor SE reported a 4.4% increase in sales for the second quarter of 2024 compared to the same period in 2023. This growth reflects the company's ability to maintain a positive business trajectory despite challenging market conditions.

EBIT Margin

The EBIT margin for Elmos Semiconductor SE reached 25.3% in Q2 2024, slightly higher than the previous year's 25.1%. This improvement underscores the company's effective cost management and operational efficiency.

Capital Expenditures

Capital expenditures for Elmos Semiconductor SE were significantly lower in the second quarter of 2024, amounting to 14.4 million Euro, a 66.0% decrease from the same period in 2023. This reduction aligns with the company's strategic plan to optimize investment in property, plant, and equipment.

Adjusted Free Cash Flow

Elmos Semiconductor SE's adjusted free cash flow was influenced by the development of working capital, resulting in a positive cash flow from operating activities of 22.1 million Euro in Q2 2024, compared to 8.4 million Euro in Q2 2023. This improvement highlights the company's strong cash generation capabilities.

Dividend Increase

During the Annual General Meeting held on May 15, 2024, Elmos Semiconductor SE's shareholders approved a 13.3% increase in the dividend to 0.85 Euro per share for fiscal year 2023. This decision reflects the company's commitment to returning value to its shareholders.

Summarized from source with an LLMView Source

Key figures

-18.9%1Y

32.3%3Y

122%5Y

Performance

41.0%1Y

43.7%3Y

44.7%5Y

Volatility