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BRIEF-Elmos Semiconductor Q1 EBIT up at 4.7 million euros
May 4, 2017 / 5:40 AM / in 7 months

BRIEF-Elmos Semiconductor Q1 EBIT up at 4.7 million euros

May 4 (Reuters) - Elmos Semiconductor AG:

* Increasing sales by 13.1 percent year on year to 60.8 million euros ($66.24 million) in Q1 of 2017

* Q1 EBIT stood at 4.7 million euros (Q1/2015: 0.8 million euros), corresponding to an EBIT margin of 7.7 percent

* Expects year-on-year sales growth in upper single-digit percentage range in 2017

* EBIT margin is likely to improve slightly year on year in 2017 (2016: 10.1 percent) Source text for Eikon: Further company coverage: ($1 = 0.9179 euros) (Gdynia Newsroom)

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