Elmos is Steering the car of Tomorrow and Aims to Grow Robustly by 2030!

Reading Time: 3 minutes
Elmos is the market leader in ultrasonic sensors and supplies the automotive industry with specialized semiconductors. The trend towards self-driving and electric vehicles is driving a massive increase in demand for chips – instead of eight, 70-150 chips could be installed in each car in the future. After a mixed start to the year, Elmos is expected to enter a new growth phase starting in 2026 (P/E ratio below 11). By 2030, revenue is expected to nearly double to almost €1 billion. Elmos: chips for the automotive future Elmos...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.