Brief: ams Osram Expects Q3 revenue of EUR 830 Mln To EUR 930 Mln

ams-OSRAM AG

26/07/2024 08:23

July 26 (Reuters) - AMS OSRAM AG  AMS.VI :
    * AMS OSRAM AG - Q3/24: EXPECTED Q3 REVENUES OF EUR 830 TO
930M
AND ADJUSTED. EBITDA MARGIN OF 17% TO 20%
    * AMS OSRAM AG - EBITDA MARGIN OF 16.5% AT UPPER END OF
GUIDED
RANGE
    * AMS OSRAM AG - Q2 ADJUSTED EBITDA CAME IN AT EUR 135
MILLION
    * AMS OSRAM AG - Q2  STARTED RESTRUCTURING MICROLED RELATED
DEVELOPMENT ACTIVITIES IN BOTH MALAYSIA AND GERMANY TO A
REMAINING MINIMUM CORE DEVELOPMENT FOR MAINLY PROPRIETARY USE IN
FUTURE AUTOMOTIVE PRODUCTS
    * AMS OSRAM AG - Q2   IN TOTAL, MORE THAN 500 EMPLOYEES AT
THE
RESPECTIVE SITES COMBINED ARE AFFECTED

Source text for Eikon:  ID:nEQ70ybC3a 
Further company coverage:  AMS.VI 

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