Elmos Semiconductor SE

Earnings Release • Aug 9, 2011

News Details

Ad-hoc | 9 August 2011 20:44

ELMOS Semiconductor AG: Sales and earnings increased again in Q2 2011

ELMOS Semiconductor AG / Key word(s): Half Year Results/Quarter Results

09.08.2011 20:44

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ELMOS Semiconductor AG (FSE: ELG) has achieved further growth in sales and
net income in the 2nd quarter of 2011. Compared to the prior-year quarter,
sales of the 2nd quarter 2011 gained 6.0% and reached 49.2 million Euro (Q2
2010: 46.4 million Euro). Earnings increased in comparison with the 2nd
quarter of 2010, significantly in part. The gross margin grew from 43.4% to
45.3%, the EBIT margin climbed to 12.9% (Q2 2010: 10.2%), and the net
income improved to 4.4 million Euro (Q2 2010: 2.6 million Euro), equivalent
to basic earnings per share of 0.23 Euro (Q2 2010: 0.14 Euro).

Compared to the 1st half-year 2010, sales grew by 8.4% to 97.3 million Euro
(HY1 2010: 89.8 million Euro). Adjusted by sales of the special packaging
business sold as of December 31, 2010, the 1st half-year 2011 increased
even by 12.0% compared to the prior-year period. The gross profit grew by
12.9% over the same period to 43.1 million Euro (HY1 2010: 38.2 million
Euro). The EBIT soared 48.1% to 12.2 million Euro (HY1 2010: 8.2 million
Euro) and the net income also grew considerably by 61.3% to 8.5 million
Euro (HY1 2010: 5.3 million Euro).

The disproportionate growth in earnings in relation to sales is due
essentially to the higher capacity utilization. The EBIT margin went up
despite increased efforts in development and distribution.

The forecast of March 2011 is confirmed. Based on a stable economy, ELMOS
continues to expect sales between 190 and 200 million Euro for 2011 in
spite of a recent slowdown in the dynamics of customers' order behavior.
The EBIT margin of 2011 will reach or slightly exceed the 2010 level
(12.5%).

The complete 6-month report is available in English and German at
www.elmos.de. On August 10, 2011 at 11.00 a.m. (CEST), ELMOS will hold a
conference call (in English) for analysts and investors. The conference
call will later be downloadable from the company's website.

Contact: ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1,
44227 Dortmund, Telefon: 0231-7549-0, Direkt: -287, Fax: 0231-7549-548,
eMail: info@elmos.de, www.elmos.de

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Language: English
Company: ELMOS Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Germany
Phone: +49 (0)231 7549-575
Fax: +49 (0)231 7549-548
E-mail: invest@elmos.de
Internet: http://www.elmos.de
ISIN: DE0005677108
WKN: 567710
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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