Elmos Semiconductor SE provided earnings guidance for the year 2024. The company expects full year sales in 2024 of EUR 605 million, plus or minus EUR 25 million. The company want to keep strong profitability and expect an operating EBIT margin of 25% plus or minus 2 percentage points for the full year of 2024.

The expected operating EBIT margin does not include any effects from the closing of the sale of the Elmos wafer fab to Littelfuse.