Elmos Semiconductor SE

Earnings Release • May 16, 2001

News Details

Ad-hoc | 16 May 2001 09:05

Ad hoc-Service: ELMOS Semiconductor AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– With a total sales exceeding DM 56.2 million, ELMOS once again has achieved an all time high. compared to the equivalent quarter of last year, ELMOS increased sales by 12.4%. In comparison with Q4/2000 a continues growth of +10.5% is remarkable considering the difficult semiconductor market conditions. ELMOS stays therefore in-line with the anticipated sales figures for 2001. For the future, ELMOS received in Q1/2001 several new projects for development with a total lifetime sales potential of about DM 220 million. ELMOS achieved a gross margin of 52,1% of sales and showed a significant increase compared to the figures of the previous year. This resulted in an over- proportional increase of gross profit by 16.9%, with a total of DM 29.3 million. In the first quarter of 2001 the operating income was DM 14.4 million or 25.6% of sales. This is pleasing good news because – according to plan – the acquisition of the EURASEM B.V. put a financial burden on the operating income of about 1.8% of sales or DM 1 million. The profitable growth continued through to net income: the quarterly profit rose to DM 8.9 million during Q1/2001. In relation to the comparable period last year, this represents a 24.2% increase. For Q1/2001 the earnings per share are calculated to DM 0.46 per share based on 19.3 million ordinary shares. This figure is at 24.3% higher compared to the value of the same quarter of the previous year of DM 0.37 per share. Contact: ELMOS Semiconductor AG; Heinrich-Hertz-Str. 1; D-44227 Dortmund; Germany Phone: +49 – 231-7549-0; Fax: +49 – 231-7549-548 ; invest@elmos.de; www.elmos.de end of ad hoc announcement (c) DGAP 16.05.2001 ——————————————————————————– WKN: 567710; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 160905 Mai 01