Elmos Semiconductor SE (XTER:ELG)
€ 66.9 -2.7 (-3.88%) Market Cap: 1.15 Bil Enterprise Value: 1.16 Bil PE Ratio: 11.64 PB Ratio: 2.52 GF Score: 97/100

Q1 2024 Elmos Semiconductor SE Earnings Call Transcript

May 07, 2024 / 08:30AM GMT
Release Date Price: €82.2 (+7.87%)
Operator

Good morning, ladies and gentlemen, and welcome to the Elmos Semiconductor SE conference call regarding the Q1 result 2024. (Operator Instructions) Let me now turn the floor over to your host, Dr. Arne Schneider, CEO. Please go ahead.

Arne Schneider
Elmos Semiconductor SE - Chief Executive Officer, Member of the Management Board

Good morning, ladies and gentlemen, welcome to the Elmos conference call for the first quarter 2024. Thank you very much for your participation and your interest in our company. Before I start, I would like to remind you that all relevant figures can be found in our investor presentation, which is available on the Elmos website. And of course, you have the opportunity to ask questions at the end of my presentation.

Ladies and gentlemen, I'm pleased to report a solid start into the new fiscal year, fully in line with our expectations. The destocking by our customers is visible, but the reductions are also at a level that we have expected. All in all, we are on track for another very successful year despite ongoing geopolitical

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