Earnings Release • Mar 17, 2010
Earnings Release
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Ad-hoc | 17 March 2010 19:35
ELMOS Semiconductor AG: Management Board and Supervisory Board propose to carry forward retained earnings / Positive outlook for 2010
ELMOS Semiconductor AG / Final Results/Dividend
17.03.2010 19:35
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.
The Supervisory Board of ELMOS Semiconductor AG has adopted the financial
statements in today's meeting. For the appropriation of retained earnings
in fiscal year 2009, Management Board and Supervisory Board propose to the
Annual General Meeting to be held on May 4, 2010 to carry forward the
entire retained earnings to new accounts.
The group's net loss for 2009 according to IFRS came to -12.2 million Euro
(2008: net income of 10.6 million Euro).
ELMOS is basically optimistic in its outlook for the future on the basis of
economic factors. However, it has not become clearly apparent yet whether
the current upswing will continue in the second half-year. The general
economic situation is still holding risks. Due to the good start into the
year 2010, ELMOS expects an increase in sales of more than 15% for the
whole year. EBIT and cash flow will be positive in 2010. Furthermore,
capital expenditures will turn out significantly below 15% in relation to
sales.
ELMOS will present detailed information on fiscal year 2009 at its annual
press conference on March 18, 2010 at 10:00 a.m. in Dortmund and at the
analysts' conference held that same day at 4:00 p.m. in Frankfurt/Main.
Contact: ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1,
44227 Dortmund, Germany, Phone: +49 231-7549-0, Extension: -287, Fax: +49
231-7549-548, [email protected], www.elmos.de
17.03.2010 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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