Elmos stock posts strong Q3 growth as 2026 outlook holds

Published on 11/11/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elmos stock reflects strong third-quarter execution as management keeps its 2026 targets unchanged. Cash generation remains central for investors.

Growth improves while guidance holds

Third-quarter sales and operating EBIT advanced at double-digit rates year over year.
Nine-month adjusted free cash flow increased strongly, supporting Elmos' cash-generation profile.
Management kept its 2026 sales, margin and cash-flow targets unchanged.

Elmos, DE0005677108, Illustration mit AI erstellt.

Elmos Semiconductor reported strong third-quarter execution on Tuesday, November 10, 2026, while leaving its full-year targets unchanged. The EQS News release said sales rose 18.4 percent year over year to 166.7 million euros.

Operating leverage strengthens

Operating EBIT increased 29.2 percent to 41.0 million euros. The operating EBIT margin improved to 24.6 percent from 22.5 percent a year earlier. Elmos also reported an operating adjusted free cash flow margin of 19.4 percent for the quarter.

For the first nine months, sales reached 481.2 million euros, up 16.4 percent. Operating EBIT rose 33.6 percent to 116.8 million euros, lifting the margin to 24.3 percent from 21.1 percent. Operating adjusted free cash flow climbed 60.9 percent to 87.8 million euros, while its margin reached 18.2 percent.

What has changed since our last report

The latest report adds the Wednesday market update to the results assessment. Elmos stock was quoted at 115.30 euros on Lang & Schwarz at 10:36 CET on Wednesday, November 11, compared with 114.00 euros at 17:05 CET on Tuesday, November 10, in the previous report. That represents a 1.14 percent increase between the two quoted levels; the comparison is separate from the Xetra session move.

Elmos stock closed at 116.20 euros on Xetra at 5:09 p.m. CET on Wednesday, November 11, 2.83 percent above Tuesday's Xetra close of 113.00 euros. The daily move provides the current German-market reference, while the operating figures determine whether the improvement can persist.

Guidance remains the next test

After nine months, Elmos continues to target 2026 sales growth of 12 percent, with a range of plus or minus two percentage points. The company expects an operating EBIT margin of 23 to 26 percent, capital expenditure of around 5 percent of sales and operating adjusted free cash flow of 19 percent of sales, also with a range of plus or minus two percentage points. The guidance assumes an exchange rate of 1.15 euros per US dollar.

The unchanged ranges leave fourth-quarter execution as the next key checkpoint. Investors will focus on whether sustained automotive demand and broader applications move performance toward the upper end of the annual targets.