Slide 1: Investor Presentation Q2 2024
Investor Presentation Q2 2024 August 2024
Slide 2: Elmos corporate overview
Elmos corporate overview Corporate highlights Sales breakdown FY 2023 Financial highlights FY 2023 575 million Euro sales Elmos ICs Non-automotive ~8 on average in every new car produced 11% rd 3 annual sales record in a row Automotive focused Sales by industry product segments Automotive percent EB
Slide 3: Elmos IC solutions – enabling intelligent electronics
Elmos IC solutions – enabling intelligent electronics #1 for Ultrasonic Ranging #1 for LED Rear Light #1 for LED Ambient Light 20+ years of experience in Passive Safety Systems Motor Control: #1 for Smart Climate Control 20+ years of experience in Smart Sensing Elmos is a pioneer for innovative IC s
Slide 4: Automotive applications powered by innovative Elmos semiconductors
Automotive applications powered by innovative Elmos semiconductors ADAS & AUTONOMOUS DRIVING AMBIENT LIGHTING AIRBAGS HMI & UX POWER MANAGEMENT Safety & Health Comfort & Well-Being Safety & Health Comfort & Well-Being Environment & Efficiency Comfort & Well-Being Environment & Efficiency Safety & He
Slide 5: Highlights of Q2 2024
Highlights of Q2 2024 Ongoing positive development after the end of the chip allocation Economic environment Semiconductor market Strategic highlights Fiscal year 2024 will continue to be In 2023, the overall semiconductor market was In June 2024 Elmos has advanced to the TecDAX, making affected by
Slide 6: Sales and EBIT
Sales and EBIT Quarterly sales (in million Euro) & gross margin (in %) Quarterly EBIT (in million Euro) & EBIT margin (in %) +4.4% +5.2% 151.5 156.6 43.2 41.6 136.8 142.0 130.9 136.0 35.9 34.1 33.8 31.8 48.9% 48.3% 27.5% 27.6% 24.3% 25.1% 24.7% 25.3% 45.3% 46.1% 45.8% 45.2% Q1 2023 Q2 2023 Q3 2023 Q
Slide 7: CAPEX and R&D expenses
CAPEX and R&D expenses 1 CAPEX (in million Euro & in % of sales) R&D expenses (in million Euro & in % of sales) 42.4 18.6 17.8 16.3 16.9 16.0 16.2 34.0 23.4 31.2% 13.7% 20.3 12.2% 11.3% 11.8% 11.9% 22.4% 10.8% 15.2 14.4 15.0% 14.8% 10.1% 11.6% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q1 2023
Slide 8: Cash flow
Cash flow 1 Operating cash flow (in million Euro) Operating adjusted free cash flow (in million Euro) 62.1 34.5 Reported adjusted free cash flow 33.9m Euro 33.8 1.7 22.1 -3.3 8.4 -18.7 -1.7 -36.7 -48.9 -23.1 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2
Slide 9: Working capital and net debt
Working capital and net debt 1, 2 2 Working capital (in million Euro, at the end of the quarter) Net debt (in million Euro, at the end of the quarter) 292.5 278.0 -10.4 206.2 201.6 189.5 -27.7 160.6 -43.8 -60.0 -73.1 -77.4 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q1 2023 Q2 2023 Q3 2023 Q4 20
Slide 10: Market forecast
Market forecast Automotive market Semiconductor market 1 Light vehicle production in million units Global automotive semiconductor market in billion USD2 +16% +10% -2% +3% +18% +5% 98.6 90.5 88.7 91.4 82.3 80.5 84.8 68.0 2022 2023 2024e 2025e 2022 2023 2024e 2025e 1S&P Global Mobility Light Vehicle
Slide 11: Guidance
Guidance Elmos FY 2024 guidance (unchanged vs. February 15, 2024) Guidance for FY 2024 Sales: 605 million Euro ± 25 million Euro Operating EBIT margin1: 25% ± 2 percentage points CAPEX (in % of sales): 12% ± 2 percentage points Operating adjusted positive and significantly above the level free cash
Slide 12: Shareholder structure set for long-term perspective
Shareholder structure set for long-term perspective Elmos Semiconductor SE shareholder structure (August 2024) Elmos 5-year share price development Market capitalization (as of July 31, 2024) 22.90% ~1.3 billion Euro Close July 31, 2024 100 € 75.70 Euro 40.60% 90 € 80 € 17.04% 70 € 60 € 3.18% 16.29%
Slide 13: ESG@Elmos
ESG@Elmos 1 Sustainability strategy & materiality analysis ESG product matrix & product contribution For Elmos, sustainability is an integral part of our corporate strategy, management processes and business goals. Awareness of social & ecological responsibility has been firmly anchored in our cultu
Slide 14: Elmos corporate carbon footprint & climate targets
Elmos corporate carbon footprint & climate targets Elmos Corporate Carbon Footprint 2023 Elmos Climate Targets ▪ The calculation of the Corporate Carbon Footprint (CCF) is based on the ▪ Elmos wants to reduce its GHG emissions as a fabless company for its own activities international reporting stand
Slide 15: 5-year overview Elmos Group (IFRS)
5-year overview Elmos Group (IFRS) 15
Slide 16: Financial calendar / IR contact / Research coverage / basic share data
Financial calendar / IR contact / Research coverage / basic share data Event Date Investor Relations contact 1 Quarterly results Q2 2024 August 1, 2024 Ralf Hoppe 1 Quarterly results Q3 2024 November 6, 2024 Head of Investor Relations, Public Relations & ESG Phone +49 231 7549 7000 Email ralf.hoppe@
Slide 17: 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