ams OSRAM tops Swiss Mid-Cap index after earnings, Q1 guidance beat
11/02/2025 08:34
** Shares of ams OSRAM AMS.S rise 16.5% to the top of
Switzerland's mid-cap index .SMIM , highest since November, 7
2024, after it reported Q4 results and Q1 guidance above
expectations
** Analysts of Jefferies and Stifel said Q4 results were
above consensus, while the quarterly forecast was better than
the market had feared
** Stifel said Q4 results were a beat on adjusted EBITDA
at 22%, reaching 150 million euros ($154.58 million) against a
Vara consensus aiming for 123 million euros in the quarter
** Jefferies said "Despite most autos semis companies
indicating very weak trends, the company does not see it because
the inventory in auto semis is not replicated in the automotive
LED market"
** ams OSRAM forecast first quarter revenue below or in line
with last year's number due to muted demand for automotive
semiconductors, but said it saw recovery in the second half of
2025
** "the balance sheet still remains weak, which means the
stock is likely to remain volatile", Jefferies however added
** Shares on track for a best day since July 28, 2023
** Including today's rise the stock has gained 33.69% YTD
($1 = 0.9704 euros)
(Reporting by Nathan Vifflin)
((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))