Elmos Semiconductor SE (XTER:ELG)
€ 68.3 1 (1.49%) Market Cap: 1.14 Bil Enterprise Value: 1.16 Bil PE Ratio: 11.44 PB Ratio: 2.30 GF Score: 93/100

Q3 2021 Elmos Semiconductor SE Earnings Call Transcript

Nov 04, 2021 / 09:00AM GMT
Release Date Price: €42.1 (-2.09%)
Arne Schneider
Elmos Semiconductor SE - CEO & Member of the Management Board

Good morning, ladies and gentlemen, and welcome to the Elmos Q3 conference call. We are still operating in a very challenging market environment, heavily impacted by the ongoing semiconductor shortage and by persisting restrictions of the corona virus pandemic.

But once again, Elmos was able to post record sales numbers in Q3 and could further improve profitability. Our solid operational performance -- we actually faced less disruptions than we feared this quarter, made the past quarter a very successful one. As usual, you have the opportunity to ask questions at the end of my presentation.

The COVID-19 pandemic is still part of our daily lives. So I would like to start my presentation with a brief update of the situation at Elmos. After almost 2 years, I can say that Elmos has managed the pandemic very well. Since the outbreak of the pandemic in January 2020, we have introduced extensive protective measures at all Elmos sites. This has enabled us to maintain our own production and business operations

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