Elma Electronic Ltd

ELMN

Equity

ISIN CH0005319162 / Valor 531916

SIX Swiss Exchange (2024-10-31)

CHF 1,040.00%

Elma Electronic Ltd
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About company

Elma Electronic Ltd is a prominent provider in the field of embedded computing solutions, offering a wide range of products and services that include integrated chassis systems, board products, modular enclosures, equipment cabinets, and precision hardware components. These offerings are available in both standard and custom configurations, catering to the diverse needs of its global clientele. With a strong emphasis on reliability, long-term support, and precision engineering, Elma leverages its extensive technical expertise to serve various industries. The company boasts a significant international footprint, with sales, design, and manufacturing facilities spread across Asia, Europe, and the United States, ensuring close proximity to customers and partners worldwide. This global presence underscores Elma's commitment to delivering tailored solutions and local support, making it a key player in the advanced embedded computing market.

Summarized from source with an LLMView SourceSector: Technology

Net Sales Increase

In the first half of 2024, Elma Electronic Ltd reported a significant increase in net sales, reaching CHF 91.8 million, up 15.5% from CHF 79.5 million in the previous year. Adjusted for currency effects, the increase was 17.6%.

Order Income

Elma Electronic Ltd's order income for the first half of 2024 saw a slight decrease of 6.0%, totaling CHF 91.6 million compared to CHF 97.4 million in the previous year. When adjusted for currency effects, the decrease was 4.3%.

EBIT Improvement

Elma Electronic Ltd achieved a substantial improvement in EBIT for the first half of 2024, reaching CHF 6.0 million, up from CHF 0.7 million in the previous year. This improvement was driven by higher deliveries in the systems business across all three regions.

Profit Growth

Elma Electronic Ltd's profit for the first half of 2024 increased significantly to CHF 4.5 million, compared to CHF 0.6 million in the previous year. This growth reflects the company's enhanced operational efficiency and higher sales.

Debt Reduction

Elma Electronic Ltd successfully reduced its net debts to CHF 11.0 million in the first half of 2024, down from CHF 14.0 million in the previous year. This reduction was achieved through higher cash flow and the repayment of short-term bank liabilities.

Summarized from source with an LLMView Source

Key figures

1.96%1Y

52.9%3Y

150%5Y

Performance

21.6%1Y

32.7%3Y

30.4%5Y

Volatility