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Elmos Semiconductor SE — Earnings Release 2009
Feb 18, 2010
137_rns_2010-02-18_bfc812e5-47dd-4c32-9472-432bf9080411.html
Earnings Release
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Ad-hoc | 18 February 2010 07:40
ELMOS Semiconductor AG: ELMOS shows strong upswing in 2nd half-year 2009
ELMOS Semiconductor AG / Preliminary Results
18.02.2010 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.
ELMOS Semiconductor AG (FSE: ELG) achieved sales of 123.8 million Euro in
past fiscal year 2009 (2008: 175.1 million Euro), according to preliminary
figures. The reason for the sales decline compared to 2008 is the worldwide
crisis. Due to a comprehensive package of cost-cutting measures of roughly
15 million Euro, the reduction of earnings was disproportionately low in
relation to the decrease in sales. The gross profit amounted to 35.9
million Euro (2008: 75.6 million Euro) and the gross margin thus came to
29.0% (2008: 43.2%). Earnings before interest and taxes (EBIT) were
negative, at -15.8 million Euro (2008: 16.5 million Euro).
In the 2nd half-year 2009 a clear upward trend became noticeable. Following
a 40.9% increase in sales from the second to the third quarter of 2009,
sales grew by another 13.9% from the third to the fourth quarter of 2009.
The EBIT recorded a clearly positive amount as well (Q4 2009: 2.9 million
Euro). As a balanced EBIT was already reached in the third quarter - one
quarter ahead of schedule -, a positive EBIT was achieved in the second
half-year 2009 on the whole.
The volume of orders received and the customers' order behavior have shown
a positive development throughout the past months. However, the
sustainability of the economic upswing is still uncertain.
A forecast for the whole year 2010 will be presented together with the
release of the financial statements 2009.
Contact: ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1,
44227 Dortmund, Telephone: 0231-7549-0, Direct: -287, Fax: 0231-7549-548,
eMail: [email protected], www.elmos.de
18.02.2010 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