2024-07-27

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range Q2/24: revenues EUR 819m, adj. EBIT EUR 56m (6.8%), adj. EBITDA EUR 135m (16.5%) Q3/24: expected third quarter revenues of EUR 830 to 930m and adj. EBITDA margin of 17% to 20% H2/24: significantly improved free cash flow due to lower capex and higher profitability Implementation of Re-establish-the-Base program progressing well, approx. EUR 60m savings realized to date Design-win momentum for long-term struc...
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The Fighting Illini turned to Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design, manufacture and install the largest main video display in college football, totaling 17,300+ square feet. The project includes 16 LED displays that c... READ MORE

Since January 1, 2026, drivers in Spain have been required to carry certified V16 warning lights on expressways and highways, which are directly connected to the traffic authorities when in use. With the LEDguardian ROAD FLARE Signal V16 IoT, ... READ MORE