Elmos stock posts strong Q3 growth as 2026 targets hold
Published on 11/12/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth strengthens while guidance holds
- Elmos increased third-quarter sales and operating EBIT year over year.
- Nine-month cash generation rose sharply, strengthening the companys operating profile.
- Management kept its full-year 2026 sales, margin and cash-flow targets unchanged.
Elmos Semiconductor reported stronger third-quarter results on November 10, 2026, as demand for its automotive semiconductor solutions supported higher sales and profitability. The company also maintained its financial targets for the full year. The figures come from the Elmos Semiconductor release.
Sales and operating profit accelerate
Third-quarter sales rose 18.4% year over year to EUR 166.7 million, compared with EUR 140.8 million a year earlier. Operating EBIT increased 29.2% to EUR 41.0 million from EUR 31.7 million, lifting the operating EBIT margin to 24.6% from 22.5%.
Reported EBIT reached EUR 49.5 million, helped by favourable valuation effects. Elmos separates those effects from its operating performance, making operating EBIT the more relevant measure for assessing the underlying quarter. Net income after non-controlling interests rose 55.8% to EUR 36.8 million, while earnings per share increased to EUR 2.14 from EUR 1.37.
Nine-month trend improves cash conversion
For the first nine months, sales grew 16.4% to EUR 481.2 million. Operating EBIT advanced 33.6% to EUR 116.8 million, and the operating EBIT margin reached 24.3%, up from 21.1% in the prior-year period.
Operating adjusted free cash flow rose 60.9% to EUR 87.8 million in the nine-month period. Its margin increased to 18.2% from 13.2%. Third-quarter operating adjusted free cash flow was EUR 32.3 million, broadly stable against EUR 32.5 million a year earlier, while the margin stood at 19.4%.
Full-year targets remain unchanged
Based on the first nine months, management confirmed its 2026 targets. Elmos continues to expect sales growth of 12% plus or minus 2 percentage points, an operating EBIT margin of 23% to 26%, capital expenditure of about 5% of sales and an operating adjusted free-cash-flow margin of 19% plus or minus 2 percentage points. The outlook assumes an exchange rate of 1.15 EUR/USD.
Chief Executive Officer Arne Schneider said the third quarter and first nine months confirmed the companys profitable growth trajectory and high cash generation. He also expressed confidence in the final quarter and pointed to additional opportunities for automotive products and newer application areas.
Stock remains close to Xetra reference
Elmos stock traded at EUR 115.80 on Lang & Schwarz at 10:08 CET on Thursday, November 12, 2026, 0.35% above the Xetra close of Wednesday, November 11. The modest premium leaves the shares near the latest Xetra reference despite the strong operational figures and unchanged outlook.
Elmos Semiconductor stock facts
- Company: Elmos Semiconductor SE
- ISIN: DE0005677108
- Ticker: ELG
- Lang & Schwarz price: EUR 115.80 at 10:08 CET on November 12, 2026
- Change versus Xetra: 0.35% above the November 11 close of EUR 115.40
- Q3 2026 sales: EUR 166.7 million, up 18.4% year over year
- Q3 2026 operating EBIT margin: 24.6%
European chipmakers remain sensitive to vehicle production, supply conditions and demand expectations; the DAX market environment provides the broader reference for German equities.
