Ad-hoc | 11 November 2003 20:30
ELMOS Semiconductor AG
english
ELMOS: Above expectations
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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ELMOS: Above expectations
The financial statement of ELMOS Semiconductor AG (FSE: ELG) for the third
quarter exceeded in both, sales and earnings, the expectations.
Sales of the ELMOS group achieved mEUR 31.0, showing the highest quarterly sales
so far (Q3/02: mEUR 29.1). At the same time the gross margin was stabilized on
the high level of the previous year and closed at 51% of sales again (Q3/02:
51%).
Expenditures for research and development amounted to mEUR 5.2 (Q3/02: mEUR
4.4). Marketing and selling expenses reached mEUR 1.7 (Q3/02: mEUR 1.5), general
and administrative costs decreased to mEUR 3.2 (Q3/02: mEUR 3.4) in the same
period.
Earnings before interest and taxes exceeded the previous year’s value slightly
and ended up with stable mEUR 5.6 (Q3/02: mEUR 5.6). Earnings per share of the
third quarter increased by 4% reaching EUR 0.15 (Q3/02: EUR 0.14).
A plus of 21% boosted the orders received to a total of mEUR 36.9 (Q3/02: mEUR
30.6). In the third quarter, the book-to-bill ratio grew to 1.19 for the whole
group (Q3/02: 1.05).
The sales target for the year 2003 remains stable, for the next year it is
expected that total sales will grow by at least 15%.
Total sales increased for the nine months period by more than 12% to mEUR 90.6
(9M/02: mEUR 81.1). Earnings before interest and taxes reached mEUR 16.9 for the
first nine months (9M/02: mEUR 13.3), representing an increase of 27%. Earnings
per share rose by 30% in the nine months period and amounted to EUR 0.43 after
EUR 0.33 in 2002.
Contact: ELMOS Semiconductor AG; Heinrich-Hertz-Str. 1; D-44227 Dortmund
Tel.: +49 (0) 231 75 49 0; Fax: +49 (0) 231 75 49 548;
invest@elmos.de; www.elmos.de
end of ad-hoc-announcement (c)DGAP 11.11.2003
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WKN: 567710; ISIN: DE0005677108; Index: TecDAX, NEMAX 50
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112030 Nov 03