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ELMOS Semiconductor AG Reveals Increase In Q4 Income

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

ELMOS Semiconductor AG (EMOMF.PK) reported a profit for its fourth quarter that increased from last year

The company's bottom line came in at EUR54.3 million, or EUR3.17 per share. This compares with EUR27.7 million, or EUR1.62 per share, last year.

The company's revenue for the period fell 7.0% to EUR145.7 million from EUR156.6 million last year.

ELMOS Semiconductor AG earnings at a glance (GAAP) :

-Earnings: EUR54.3 Mln. vs. EUR27.7 Mln. last year.
-EPS: EUR3.17 vs. EUR1.62 last year.
-Revenue: EUR145.7 Mln vs. EUR156.6 Mln last year.

Looking ahead, Elmos said: “We expect that the current fiscal year will be influenced by customers continuing to adjust their inventories, along with geopolitical and economic uncertainty. The full-year guidance reflects the current uncertain situation in the core markets relevant for the company and the low visibility. Elmos expects a stronger performance in the second half of 2025 compared to the first six months.”

For the full-year 2025, the company expects sales of EUR 580 million ± EUR 30 million.

For the full-year 2024, Elmos has registered sales of EUR 581.1 million.


Note:

*Basic EPS
*Preliminary financial figures

For comments and feedback contact: editorial@rttnews.com

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