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Press release elmos Elmos : Promising business development in the third quarter of 2021 Quarterly sales of 80.8 million Euro mark new record level - EBIT margin at 16.8 % Dortmund , November 4 , 2021 : Elmos Semiconductor SE ( FSE : ELG ) successfully continued its positive business development in the third quarter in a market environment that remains challenging due to the global semiconductor shortage . Group sales increased to a new record level of 80.8 million Euro in the reporting period and almost doubled compared to the prior - year quarter , which was significantly negatively affected by the coronavirus pandemic ( Q3 2020 : 40.9 million Euro ) . Third - quarter EBIT totaled 13.6 million Euro ( Q3 2020 : -10.5 million Euro ) and increased slightly quarter on quarter in spite of the further rise in material prices and allocation - related effects ( Q2 2021 : 12.5 million Euro ) . The EBIT margin in the third quarter of 2021 improved to 16.8 % . As a result , the third quarter ended slightly above the midpoint of the quarterly guidance ( sales : 79 ± 5 million Euro ; EBIT margin : 15.5 % ± 2 percentage points ) . Capital expenditures , which once again focused on the expansion of testing operations , totaled 18.6 million Euro in the third quarter of 2021 ( 23.1 % of sales ) . Despite the high level of investments , the adjusted free cash flow was positive at 2.7 million Euro . " We were able to continue our solid business development in the third quarter and performed well in an ongoing challenging market environment . Record sales of 80.8 million Euro and an EBIT margin of 16.8 % are both encouraging figures , " says Dr. Arne Schneider , CEO of Elmos Semiconductor SE . " The global wafer capacities remain tight , which is why we expect allocation to continue in 2022. This of course has an influence on our growth expectations for next year . " Elmos anticipates full - year sales of 320 ± 5 million Euro in 2021. The full - year EBIT margin is expected at 17 % ± 2 percentage points . The guidance remains subject to considerable uncertainty due to a number of factors , including global allocation and the COVID - 19 pandemic . It is based on an exchange rate of 1.15 EUR / USD . Overview of the financial figures Figures according to IFRS ( in million Euro or percent unless otherwise indicated ) : Q3 / 21 Q3 / 20 Diff . 9M / 21 9M / 20 Diff . Sales 80.8 40.9 97.5 % 236.8 163.9 44.5 % Gross profit 34.7 11.9 191.8 % 101.4 64.6 56.9 % Gross margin in % 43.0 % 29.1 % 42.8 % 39.4 % Research and development 12.9 11.1 16.8 % 37.7 36.0 4.9 % Operating results 13.7 -7.0 n / a 37.8 1.2 3,166.3 % EBIT 13.6 -10.5 n / a 38.3 -0.2 n / a EBIT margin in % 16.8 % -25.7 % 16.2 % -0.2 % Consolidated net income / consolidated net loss ( - ) after non - controlling interests 8.9 -6.2 n / a 25.6 0.6 3,867.1 % Basic earnings per share ( Euro ) 0.50 -0.34 n / a 1.42 0.03 3,996.0 % Capital expenditures Capital expenditures in % 18.6 23.1 % 3.7 400.5 % 41.6 12.9 223.2 % 9.1 % 17.6 % 7.9 % Adjusted free cash flow 2.7 -0.5 n / a 21.7 2.6 743.0 % Definitions of selected financial indicators - Capital expenditures : Capital expenditures for intangible assets and property , plant and equipment less capitalized development expenses Adjusted free cash flow : Cash flow from operating activities less capital expenditures for / plus disposal of intangible assets and property , plant and equipment ( including proceeds from additions to the scope of consolidation ) - Further information on the key figures used can be found in the Annual Report 2020 at www.elmos.com 1/2