Elmos Semiconductor Se · XETR:ELG
Elmos Semiconductor — Investor Presentation (March 2024)
18 slides from Elmos Semiconductor's investor presentation, Mar 14, 2024
Slide 1: Investor Presentation
Investor Presentation March 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 fiscal year 2023
Highlights of fiscal year 2023 Record financial results and important structural improvements form a strong basis for future success Economic environment Semiconductor market Strategic highlights Fiscal year 2023 was affected by ongoing In 2023, the overall semiconductor market was After the sale of
Slide 6: New record sales for the third consecutive year
New record sales for the third consecutive year Annual sales (in million Euro) & gross margin (in %) Quarterly sales (in million Euro) & gross margin (in %) +28.6% +3.3% 575.0 151.5 156.6 130.9 136.0 447.2 48.9% 48.3% 322.1 273.4 45.3% 46.1% 232.6 45.9% 46.4% 47.2% 44.9% 39.8% 20191 2020 2021 2022 2
Slide 7: FY 2023 EBIT also reached new record levels
FY 2023 EBIT also reached new record levels Annual EBIT (in million Euro) & EBIT margin (in %) Quarterly EBIT (in million Euro) & EBIT margin (in %) +36.8% 150.7 41.6 43.2 34.1 110.1 31.8 24.6% 26.2% 27.5% 27.6% 24.3% 25.1% 60.0 40.9 18.6% 15.0% 8.7 3.7% 20191 2020 2021 2022 2023 Q1 2023 Q2 2023 Q3
Slide 8: Higher CAPEX and R&D expenses for future growth
Higher CAPEX and R&D expenses for future growth 1,2 2 CAPEX (in million Euro & in % of sales) R&D expenses (in million Euro & in % of sales) 115.1 68.8 55.5 47.7 48.7 73.0 44.6 20.5% 60.0 43.6 15.1% 15.1% 18.6% 20.0% 16.3% 12.4% 12.0% 18.8 14.8% 8.1% 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023
Slide 9: Cash flow influenced by strong growth
Cash flow influenced by strong growth 1 1,2 Operating cash flow (in million Euro) Adjusted free cash flow (in million Euro) Supported by Operating SMI sale adjusted free 102.6 cash flow 98.6 76.9 -24.3m Euro 79.6 14.9 12.9 45.6 11.1 27.3 3.6 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 The ca
Slide 10: Working capital and net cash/debt
Working capital and net cash/debt 1 Working capital (in million Euro, at the end of the year) Net cash/debt (in million Euro, at the end of the year) 201.6 Supported by SMI sale 74.3 140.2 Influenced by share buyback 119.5 112.9 107.8 40.2 Influenced by share buyback -10.0 -8.9 -10.4 2019 2020 2021
Slide 11: Market forecast
Market forecast Automotive market 1 Light vehicle production in million units (IHS) +9% -0.5% 95.2 89.0 90.1 89.6 82.3 2017 2019 2022 2023e 2024e 1S&P Global Mobility Light Vehicle Production Forecast (January 2024) 11
Slide 12: Guidance
Guidance Elmos FY 2024 guidance (as of 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 flow2: o
Slide 13: Shareholder structure set for long-term perspective
Shareholder structure set for long-term perspective Elmos Semiconductor SE shareholder structure (February 2024) Elmos 5-year share price development Market capitalization (as of February 29, 2024) 22.90% ~1.3 billion Euro Close Feb 29, 2024 100 € 73.20 Euro 40.50% 90 € 80 € 17.04% 70 € 60 € 3.27% 1
Slide 14: 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 15: 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 16: 5-year overview Elmos Group (IFRS)
5-year overview Elmos Group (IFRS) 16
Slide 17: Financial calendar / IR contact / Research coverage / basic share data
Financial calendar / IR contact / Research coverage / basic share data Event Date Investor Relations contact 1 Final results 2023 March 14, 2024 Ralf Hoppe 1 Quarterly results Q1 2024 May 7, 2024 Head of Investor Relations, Public Relations & ESG Annual General Meeting May 15, 2024 Phone +49 231 754
Slide 18: 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
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