Report
Stephane Houri

Elmos Semiconductor SE : The ‘worst-case scenario’ for 2022 is now on the table but might not materialise – Outperform rating maintained

>A warning on capacity in 2022 that applies as much to investors as to Elmos’ customers and suppliers - Elmos’ management took advantage of the Q2 2021 earnings release yesterday morning (Link to our First Take) to warn the market that, as things stand in its negotiations with foundries (mainly TSMC), the group might not have additional 8-inch wafer production capacities in 2022. In H1 2021, Elmos transformed the equivalent of € 20m in inventories into revenues, a fea...
Underlying
Elmos Semiconductor SE

ELMOS Semiconductor is engaged in the development, manufacture and distribution of microelectronic components and system parts (application specific integrated circuits or, in short: ASICs) and technological devices with similar functions.Co. divides its activities into: medical technology, semiconductor, which is engaged in the sale of automotive electronics and supplying semiconductors e.g. for applications in household appliances, photo cameras, installation and building technology, and machine control systems; and micromechanics, which is engaged in the sales of product containing micro-electro-mechanical systems which are for the most part silicon-based high-precision pressure sensors.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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