Ad hoc: ELMOS Semiconductor AG: ELMOS keeps growing in second quarter
ELMOS Semiconductor AG (FSE: ELG) has continued its sales increase in
the second quarter. Sales rose to 43.7 million Euro, a 10.5 percent
gain over the prior-year period (Q2/2006: 39.5 million Euro). On
half-year basis, sales increased by 10.2 percent to reach 84.9
million Euro (HY1/2006: 77.1 million Euro).
Without consideration of the non-recurring expenses, the gross profit
rose by roughly 0.9 million Euro to 18.8 million Euro or 43.0 percent
of sales in the second quarter. The EBIT came to 4.4 million Euro,
corresponding with the prior-year quarter's amount. The net income
was 2.5 million Euro or 5.7 percent of sales.
Considering restructuring expenses, the gross profit of the second
quarter remained stable at 18.2 million Euro (plus two percent). The
EBIT decreased to 3.8 million Euro, and the net income for the
quarter amounted to 2.1 million Euro.
On half-year basis, the gross profit (37.2 million Euro), the EBIT
(8.8 million Euro), and the net income (5.0 million Euro) have
increased compared to the prior-year period. Considering
non-recurring expenses, ELMOS achieved a gross profit of 34.6 million
Euro, an EBIT of 4.3 million Euro, and a net income of 2.1 million
Euro.
ELMOS does not anticipate a slowdown of the growth for the second
half-year and confirms the forecast for the whole year.
For the current year, ELMOS predicts a sales increase of roughly ten
percent, a gross margin of roughly 45 percent, an EBIT margin of
roughly twelve percent, and a net income margin of roughly seven
percent. Taking into consideration the non-recurring restructuring
expenses at subsidiaries - reported in April -, the margins will each
be burdened by approximately three percentage points. Restructuring
the subsidiaries and the run-up of the Duisburg production proceed as
scheduled.
Contact: ELMOS Semiconductor AG, Janina Rosenbaum,
Heinrich-Hertz-Str. 1, 44227 Dortmund, Telephone: 0231-7549-0,
Direct: -287, Telefax: 0231-7549-548, eMail: info@elmos.de,
www.elmos.de
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ELMOS Semiconductor AG
Heinrich-Hertz-Strasse 1 Dortmund
Deutschland
WKN: 567710; ISIN: DE0005677108; Index: Prime All Share, CDAX, HDAX,
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