Elmos Semiconductor SE (OTCPK:ELTTF)
$ 89.23 0 (0%) Market Cap: 1.19 Bil Enterprise Value: 1.21 Bil PE Ratio: 11.44 PB Ratio: 2.30 GF Score: 93/100

Q3 2020 Elmos Semiconductor SE Earnings Call Transcript

Nov 04, 2020 / 10:00AM GMT
Release Date Price: $27.25
Operator

Good morning, ladies and gentlemen, and welcome to the Elmos Semiconductor SE conference call regarding the results of Q3 2020. (Operator Instructions)

Let me now turn the floor to your host, Dr. Anton Mindl, CEO; and Dr. Arne Schneider, CFO.

Arne Schneider
Elmos Semiconductor SE - CFO & Member of the Management Board

Thank you, and good morning, ladies and gentlemen. I would like to welcome you to our conference call on the results of the third quarter 2020. Our CEO, Dr. Anton Mindl, is here as well. And of course, we are both available to answer your questions and give comments following the presentation.

To start, I will briefly give you an overview on the current business sentiment. The third quarter turned out as expected within our given guidance range. It marks the trough in our business development and is significantly hit by the corona pandemic effects.

As we pointed out already in our last earnings call, the order situation is showing a more positive development, indicating a revival of the business. This continued,

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