Elmos Semiconductor Celebrates Successful 40th Anniversary Year

In 2024, Elmos Semiconductor SE marked its 40th anniversary with a modest increase in sales, reaching 581.1 million euros, despite a challenging economic landscape. The company maintained a robust operating EBIT margin of 25.1%, underscoring the strength of its business model. Special effects further boosted EBIT to 172.6 million euros.

Net income reflected these gains, amounting to 128.7 million euros. Capital expenditures saw a notable reduction, aligning with the company's strategic transition to a fabless model. The sale of the Dortmund wafer fab for 93 million euros highlighted this shift. Despite these changes, adjusted free cash flow was positive at 5.1 million euros.

Looking ahead, Elmos expects continued inventory adjustments by customers and maintains cautious guidance for 2025. Sales are projected at 580 million euros, with an EBIT margin of 23%. The company's ongoing strategic realignment, including a focus on China, positions it for future growth amid global uncertainties.