ams OSRAM says muted auto demand to hit Q1 sales, sees better 2nd half of 2025 (updated)
11/02/2025 06:50
(Adds details on outlook in paragraphs 2-3 and 5)
Feb 11 (Reuters) - Austrian sensor maker ams OSRAM
AMS.S on Tuesday forecast first quarter revenue below or in
line with last year's number due to muted demand for its
automotive semiconductors, but said it saw recovery in the
second half of 2025.
Uncertainties and inventory corrections over the automotive
supply chain have persisted into the first quarter, while
industrial and medical markets show signals that might indicate
a bottom to the cycle, ams OSRAM said in a statement.
"The company expects a meaningfully stronger second half
mainly due to product ramps and to some extent, market
normalization," it added, foreseeing improved profitability at
moderate revenue development.
The company sees revenue of 750 million to 850 million euros
($773 million to $876 million) in the first three months of
2025, compared with 847 million euros in the same period last
year.
It did not provide specific sales or earnings forecasts for
the rest of the year.
Analysts polled by Vara Research had forecast sales of 782.5
million euros for the first quarter.
($1 = 0.9704 euros)
(Reporting by Nathan Vifflin and Ozan Ergenay in Gdansk;
Editing by Milla Nissi)
((ozan.ergenay@thomsonreuters.com))
((nathan.vifflin@thomsonreuters.com))