EQS-News: Elmos: Profitable growth trajectory continues in third quarter of 2023
Dortmund, November 8, 2023: Elmos Semiconductor SE (FSE: ELG) succeeded in continuing its growth trajectory in the third quarter of 2023.
- Dortmund, November 8, 2023: Elmos Semiconductor SE (FSE: ELG) succeeded in continuing its growth trajectory in the third quarter of 2023.
- Continued growth led to a further rise in EBIT to 41.6 million Euro in the third quarter (Q3 2022: 29.8 million Euro).
- Adjusted free cash flow stood at 33.9 million Euro in Q3 2023 (Q3 2022: -8.7 million Euro).
- As a result, Elmos expects a negative operating adjusted free cash flow in 2023 (excluding effects from M&A transactions).