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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