Earnings Release • Apr 28, 2010
Earnings Release
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Ad-hoc | 28 April 2010 07:40
ELMOS Semiconductor AG: Positive trend continues in 1st quarter 2010
ELMOS Semiconductor AG / Quarter Results/Forecast
28.04.2010 07:40
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Dortmund, April 28, 2010: ELMOS Semiconductor AG (FSE: ELG) managed to
continue the positive trend of the 2nd half-year 2009 in the first quarter
of 2010. Sales of the first quarter of 2010 increased 92.0% compared to the
prior-year period to 43.4 million Euro (Q1 2009: 22.6 million Euro).
Earnings also improved considerably in comparison with the previous year
and are clearly positive. The gross profit grew to 18.1 million Euro (Q1
2009: 4.7 million Euro), the EBIT reached 3.5 million Euro (Q1 2009: -8.9
million Euro), and the net income amounted to 2.6 million Euro (Q1 2009:
net loss of -6.1 million Euro). This corresponds with earnings per share of
0.14 Euro (Q1 2009: loss per share of -0.32 Euro).
Increases in sales (+7.2%), operating income (+23.4%), EBIT (+21.7%), and
net income (+51.1%) were also achieved in comparison with the fourth
quarter of 2009.
The free cash flow amounted to 8.4 million Euro in the first quarter of
2010. Cash and cash equivalents came to 55.0 million Euro as of March 31,
2010.
Based on the first quarter of 2010, ELMOS now anticipates a sales growth of
considerably more than 20% for the full year and thus raises its
forecast of the beginning of the year. EBIT and cash flow of the current
fiscal year will be positive.
Information and Explaination of the Issuer to this News:
ELMOS Semiconductor AG is a developer and manufacturer of system solutions
on semiconductor basis. For more than 25 years, our chips have made
vehicles as well as industrial and consumer goods more performance and
power efficient.
ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1,
D-44227 Dortmund, Phone: +49 231-7549-0, Extension: -287, Fax: +49
231-7549-548, [email protected], www.elmos.de
28.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: ELMOS Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Deutschland
Phone: +49 (0)231 7549-575
Fax: +49 (0)231 7549-548
E-mail: [email protected]
Internet: http://www.elmos.de
ISIN: DE0005677108
WKN: 567710
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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