ams-OSRAM – ams OSRAM announces Q3 profitability at upper end of the guidance, revenue above mid-point and re-confirms mid-term target financial model on the back of strong automotive design-wins

October 31, 2023
OSRAM

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

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ams OSRAM announces Q3 profitability at upper end of the guidance, revenue above mid-point and re-confirms mid-term target financial model on the back of strong automotive design-wins 

 

  • Q3: adj. EBIT margin of 7.9% at upper end of the guidance
  • Q3: revenues of EUR 904 million above midpoint of the guidance
  • Q4: expected fourth quarter revenues of EUR 850 to 950 million with adj. EBIT margin of 5-8%
  • …