ELMOS Semiconductor AG

ots Ad hoc-Service: ELMOS Semiconductor AG ELMOS 2000: Doubled Retained Earnings

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    Dortmund (ots Ad hoc-Service) -      

    On their today's annual press conference, ELMOS Semiconductor AG has presented the results of its again outstanding business year 2000. Accordingly ELMOS will suggest its general shareholders meeting in April to pay out a dividend of DM 1.78 per share (year before DM 0.91).

    Sales rose by 22 % from DM 169 Mio. to DM 207 Mio. in 2000. Simultaneously the gross margin could be increased from 50 % to 52 % again, because the productivity within production and test was improved consequently.

    The expenses for research and development ended up with DM 27 Mio.(equivalent to 13 % of sales, year before: DM 17 Mio. = 10 %) which is an increase of about 57 %. The new technologies are the technical basis to realise the planned growth rate of 25-30% per year.

    Income before income taxes resulted in DM 57 Mio. after DM 46 Mio. in 1999. Retained Earnings doubled from DM 17 Mio. in 1999 to DM 34 Mio. in 2000.

    Sales for the year 2001 should end up with about DM 260 Mio.. This increase will be based on the continuously ascending sales within the automotive business and on getting into the telecom business. In fact, the high-volume, technical demanding telecommunications market will complete the long-term automotive business of the company very well. In addition, the activities related to the intelligent sensor - like CMOS chip camera - and the smart card business will be further extended.

    On top, ELMOS will follow the great potential of growth in the USA: In the year 2000 some development projects concerning automotive safety systems were acquired but their sales contribution will start later in the next years.


    ELMOS Semiconductor AG Heinrich-Hertz-Str. 1     44227 Dortmund Germany

    Phone: +49 - 231- 7549-0     Fax:    +49 - 231-7549-548     eMail: invest@elmos.de

    Internet:     http://www.elmos.de

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