ELMOS Semiconductor AG

ots Ad hoc-Service: ELMOS Semiconductor AG First samples of telecom circuit delivered, Nine-months-EBIT exceeds total EBIT of previous year!

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    Dortmund (ots Ad hoc-Service) -      

    As reported recently, ELMOS Semiconductor AG received its first orders for the mobile telephone market in the 3rd quarter. First working samples have already been presented to the customer, even faster than planned in the customer's ambitious time schedule. These circuits will contribute to sales from the middle of year 2001 on. In addition to the constantly growing sales in the automotive core business, they will enhance the growth dynamics.

    In the 3rd quarter, ELMOS achieved net sales of nearly DM 53 Mio., resulting in a total turnover of DM 156 Mio. for the 9- months period. For both, the 3rd quarter and the 9-months period, the gross margin came up to 53%. In addition, the operating income reached DM 15.2 Mio. ending up with DM 44.3 Mio. for the 9-months period or 28.4% of the turnover. With DM 45 Mio. for the 9-months period 2000, the income before taxes exceeds the corresponding period of 1999 by 43%. As a result, the EBIT of the 9-months period 2000 exceeds the EBIT of total 1999.

    During the 3rd quarter, incoming orders amounted to DM 45.5 Mio., this is an increase by 7.2% compared to the same period of the previous year. About 60% of sales were generated outside of Germany, which underlines the internationalisation of ELMOS. Between January and September 2000, sales rose especially in the EU countries and in the USA compared to the year before.

    ELMOS Semiconductor AG is a developer and manufacturer of custom specific integrated circuits, based in Dortmund. For more than 10 years, ELMOS has generated 85% of its net sales in the automotive electronics segment.


    ELMOS Semiconductor AG Heinrich-Hertz-Str. 1 44227 Dortmund Tel.: +49 - 231-7549-0 Fax: +49 - 231-7549-548 eMail: info@elmos.de Internet: http://www.elmos.de

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