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...
Continue reading

Macroblock, a leading provider of LED driver ICs, is making its debut at SID Display Week, the world’s premier event for display technologies, held from May 5 to May 7. At the exhibition, Macroblock is showcasing a broad portfolio of pro... READ MORE

Philips Hue and Philips Smart Lighting (connected by WiZ) - part of Signify, the world leader in lighting - have announced the launch of Sports Live, a new software available during the Championship 2026. Sports Live uses live match data to tr... READ MORE