DORTMUND (dpa-AFX) - The chip company Elmos Semiconductor intends to pay its shareholders a higher dividend for 2023 following a jump in profits. A dividend of 0.85 euros per share will be proposed, which is 10 cents more than in the previous year, the Group announced at the publication of its annual report in Dortmund on Thursday.

Elmos had already presented figures for the past year in February. Sales increased by 28.6 percent to 575 million euros in 2023. Earnings before interest and taxes (EBIT) increased by 36.8 percent to 150.7 million euros. According to Elmos, the company set new records for both key figures. The bottom line profit also increased by almost 40 percent to 99.1 million euros. The preliminary figures were confirmed./nas/stk