Slide 1: Analysts' Conference Presentation
Analysts‘ Conference Presentation February 17, 2022 DISCLAIMER This presentation contains selected, preliminary and unaudited financial figures regarding fiscal year 2021 as well as forward-looking statements
Slide 2: Elmos Corporate Overview
ELMOS CORPORATE OVERVIEW Corporate highlights Sales breakdown Financial highlights FY 2021 ~7 Elmos ICs on average in every new car Automotive focused: Sales by industry FY 2021 322 million Euro sales strong growth to new record levels Non-automotive 11% product segments: percent EBIT margin 6 Rangi
Slide 3: Elmos Innovative Solutions for Global Mega Trends
ELMOS INNOVATIVE SOLUTIONS FOR GLOBAL MEGA TRENDS Leading innovator in future mobility #1 FOR ULTRASONIC ICs #1 FOR HVAC FLAPS #1 FOR GESTURE CONTROL #1 FOR AMBIENT AND REAR LIGHT USER EXPERIENCE ADAS & AUTONOMOUS DRIVING SAFETY COMFORT ELECTRIFICATION LIGHTING 3
Slide 4: Highlights of Fiscal Year 2021
HIGHLIGHTS OF FISCAL YEAR 2021 Achievement of key strategic milestones in a challenging market environment characterized by supply chain constraints and the pandemic COVID-19 pandemic Semiconductor market Strategic highlights Sale of wafer fab Overall, Elmos has managed the The ongoing high demand f
Slide 5: Sales Above Midpoint of Guidance Range
SALES ABOVE MIDPOINT OF GUIDANCE RANGE 1 Yearly sales (in million Euro) & gross margin (in %) Quarterly sales (in million Euro) & gross margin (in %) Gross margin Continuing operations +5.6% +38.5% Discontinued operations 322.1 85.3 78.9 80.8 294.8 77.1 277.6 21.4 250.4 23.7 20.4 232.6 50.7% 46.4% 4
Slide 6: EBIT at the Upper End of Guidance Range
EBIT AT THE UPPER END OF GUIDANCE RANGE 1 1 Yearly EBIT (in million Euro) & EBIT margin (in %) Quarterly EBIT (in million Euro) & EBIT margin (in %) Reported EBIT Reported EBIT 60.0m Euro (=18.6% EBIT margin) Reported EBIT 64.9 97.3m Euro 21.7 51.0 45.3 25.4% 38.4 13.6 20.2% 12.2 12.5 18.4% 15.3% 15
Slide 7: CAPEX and R&D Expenses
CAPEX AND R&D EXPENSES 1,2 2 CAPEX (in million Euro & in % of sales) R&D expenses (in million Euro & in % of sales) 47.7 48.7 44.6 60.0 18.6% 36.0 33.8 20.5% 43.6 41.4 37.2 14.9% 14.9% 14.8% 15.1% 15.1% 13.5% 13.0% 18.8 8.1% 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Higher investments of 6
Slide 8: Cash Flow
CASH FLOW 1 1,2 Operating cash flow (in million Euro) Adjusted free cash flow (in million Euro) Supported by 79.6 SMI sale 76.9 48.4 45.6 11.1 37.9 27.3 3.6 -3.3 -5.2 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 The cash flow from operations in FY 2021 increased significantly to 79.6 Despit
Slide 9: Working Capital and Net Cash
WORKING CAPITAL AND NET CASH 1 Working capital (in million Euro, at the end of the year) Net cash/debt (in million Euro, at the end of the year) Supported by SMI sale 119.5 112.9 74.3 107.8 101.3 Influenced by 86.6 share buyback 40.2 33.2 16.9 Influenced by share buyback -10.0 2017 2018 2019 2020 20
Slide 10: Market Forecast
MARKET FORECAST Automotive market Semiconductor market 1 2 Light vehicle production in million units (IHS) Worldwide Semiconductor Market in billion USD (WSTS) +8.8% -6.5% +25.6% -16.2% +8.5% +2.5% 100.6 601.5 95.2 +6.8% 553.0 89.0 82.9 74.6 76.4 412.3 440.4 2017 2019 2020 2021e 2022e 2027e 2019 202
Slide 11: Guidance
GUIDANCE Elmos FY 2022 guidance (as of February 15, 2022) Guidance for FY 2022 Sales: at least +15% to more than 370 million Euro Operating EBIT margin: 20% ± 2 percentage points CAPEX (in % of sales): 16% ± 2 percentage points Adjusted operating free cash flow: Positive above previous year (11.1 mi
Slide 12: Shareholder Structure Set for Long-Term Perspective
SHAREHOLDER STRUCTURE SET FOR LONG-TERM PERSPECTIVE Elmos Semiconductor SE shareholder structure Elmos 5-year share price development Reduction of share capital of 20,103,513.00 Euro by cancellation of 1,940,000 shares to 18,163,513.00 Euro as of August 17, 2021 Market capitalization (as of Dec. 3
Slide 13: Financial Calendar / Research Coverage / IR Contact
FINANCIAL CALENDAR / RESEARCH COVERAGE / IR CONTACT Event Date Elmos Semiconductor SE – basic share data 1 Preliminary results 2021 February 17, 2022 ISIN / WKN: DE0005677108 / 567710 1 Final results 2021 March 17, 2022 Stock symbol: ELG 1 Quarterly results Q1 2022 May 5, 2022 Code: ELGG.De Annual G
Slide 14: Disclaimer
DISCLAIMER This presentation contains forward-looking statements based on beliefs of Elmos‘ management. Such statements reflect the company‘s current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different