2022-11-03

ams OSRAM solid third quarter revenues and operating profitability (adj.) in line with expectations in more demanding market environment; updated mid-term targets, microLED development advancing

Third quarter revenues of EUR 1.21 billion and adj. EBIT margin of 7.5% show quarter-on-quarter revenue growth matching expectation range in more unfavorable market environment Robust operating cash flow of EUR 151 million, group leverage at 1.75x net debt/adj. EBITDA Development and industrialization program for leading smallest structure size microLED technology advancing to plan supported by excellent customer engagement Mid-point of synergy creation period with 70% of expected total synergies and savings created (EUR 245 millio...
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In cooperation with the leading agricultural machinery manufacturer CLAAS, the international automotive supplier FORVIA HELLA has developed an illuminated logo bezel especially for the Axion 9 large tractor series. The innovative lighting solu... READ MORE

Signify (Euronext: LIGHT), the world leader in lighting, brings its latest innovations to EuroShop, the world’s leading retail trade fair, between 22 and 26 February. Visitors to Signify’s booth step into an art gallery-type space,... READ MORE