Elmos stock weighs strong Q3 growth against unchanged outlook

Published on 11/11/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elmos stock follows a quarter of higher sales and operating profit. Management kept its 2026 targets unchanged.

Strong quarter, unchanged annual targets

Elmos delivered higher third-quarter sales and operating profitability on November 10, 2026.
Management kept its full-year 2026 sales and margin targets unchanged.
Strong cash generation remains an important support for the company outlook.

Elmos, DE0005677108, Illustration mit AI erstellt.

Elmos Semiconductor reported strong third-quarter growth on Tuesday, November 10, 2026, while leaving its full-year targets unchanged. In its press release, the company said quarterly sales rose by more than 18 percent to 166.7 million euros.

Operating leverage remains visible

Operating EBIT reached 41.0 million euros, up 29.2 percent from the year-earlier quarter. The operating EBIT margin improved to 24.6 percent, compared with 22.5 percent a year earlier. Elmos also reported an operating adjusted free cash flow margin of 19.4 percent for the quarter, underlining the importance of cash conversion alongside the earnings growth.

The Dortmund-based automotive semiconductor supplier said demand for its products remained strong. Its portfolio of automotive integrated circuits is also being extended into new application areas, giving management additional growth opportunities beyond the current vehicle market cycle.

2026 guidance stays in place

After the first nine months, Elmos continues to target sales growth of 12 percent, with a tolerance of plus or minus two percentage points, for the full year. The company expects an operating EBIT margin of 23 to 26 percent of sales. Capital expenditure is planned at around 5 percent of sales, while operating adjusted free cash flow is expected to reach 19 percent of sales, plus or minus two percentage points.

The guidance assumes an exchange rate of 1.15 euros per US dollar. Elmos said the outlook was based on the positive performance in the first nine months and pointed to continued strong cash generation. The company has not raised the published annual ranges, so the next quarterly update will remain important for assessing whether the current momentum is translating into the upper half of the targets.

Share price remains the market gauge

Elmos stock traded at 115.30 euros on Lang & Schwarz at 10:36 CET on Wednesday, November 11, 2026. For investors, the combination of double-digit sales growth, expanding operating profitability and unchanged guidance keeps execution in the fourth quarter at the center of attention.