Q1 2019 Elmos Semiconductor AG Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the Elmos Semiconductor AG conference call regarding the first quarter 2019 results. (Operator Instructions) Let me now turn the floor over to your host, Dr. Anton Mindl, CEO.
Ladies and gentlemen, also a warm welcome from my side. We are talking about the first quarter results of 2019. Obviously, Dr. Arne Schneider and myself, we will host the call together as usual.
The start into the year 2019 was very much in line with our expectations. Elmos is developing reasonably well in the currently quite challenging market environment. Our products are very well received in the markets and more and more customers are convinced that it is a good idea to use Elmos chips and applications, like small motor drivers, mainly sensing technologies and also lighting, just to pick a few.
Also, it's clear that Elmos could not do anything about the real downturn in the business cycle. We expect to grow this year and confirm our
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