EQS-Adhoc: ams-OSRAM AG: ams OSRAM delivers 18.8 % adj. EBITDA at revenues of EUR 775 m in Q2, confirms 2025 FCF outlook above EUR 100 m and executes first steps of its accelerated deleveraging plan

EQS-Ad-hoc: ams-OSRAM AG / Key word(s): Quarter Results
ams-OSRAM AG: ams OSRAM delivers 18.8 % adj. EBITDA at revenues of EUR 775
m in Q2, confirms 2025 FCF outlook above EUR 100 m and executes first
steps of its accelerated deleveraging plan

31-Jul-2025 / 07:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group.
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

Ad hoc announcement pursuant to Art. 53 Listing Rules of SIX Swiss
Exchange

ams OSRAM posts solid Q2 results at the midpoint of the guidance despite
currency headwinds and executes first steps of its accelerated
deleveraging plan

Business update:

• Q2/25: revenues EUR 775 m, 18.8 % adj. EBITDA margin, at the midpoint
of guidance
• Q2/25: realized run-rate savings of approx. EUR 160 m from
‘Re-establish the Base’ (RtB) program
• Q2/25: FCF (incl. net interest paid) at EUR -14 m
• Q3/25: revenue EUR 790 m – 890 m, 19.5 % +/-1.5 % adj. EBITDA, at
EUR/USD 1.16 expected
• Strong design-win momentum in H1/2025 with approx. EUR 2.5 bn in new
semi business
• FY25: FCF outlook of above EUR 100 m confirmed

Deleveraging plan and refinancing:

• Revolving Credit Facility (RCF) extended by another year
• Private placement of equivalent EUR 500 m principal amount of EUR and
USD senior notes due in 2029 to pre-finance approx. EUR 350 m of
potential OSRAM minority put option bulk exercises and buy back
approx. EUR 150 m 2027 convertible notes (subject to market
conditions)
• Sale of Entertainment & Industrial Lamps business for EUR 114 m
announced, first asset sale under the deleveraging plan

Premstaetten, Austria, and Munich, Germany (31 July 2025) — ams OSRAM
delivers 18.8 % adj. EBITDA at revenues of EUR 775 m in Q2, confirms 2025
FCF outlook above EUR 100 m and executes first steps of its accelerated
deleveraging plan

“We showed a solid performance in Q2 in a still difficult market with good
profitability on the back of rapid implementation of ‘Re-establish-the
Base’ and preproduction for the second half, as well as a very good
design-win momentum securing future semiconductor business. We continue to
expect a stronger second half although the weaker US Dollar weighs on
topline results and tariffs discussions instigate continuously
uncertainty.” said Aldo Kamper, CEO of ams OSRAM.

“Our plan to accelerate our balance sheet deleveraging is unfolding. The
extension of the Revolving Credit Facility, the private placements of
additional 2029 senior notes to prefinance long-term any bulk exercises of
OSRAM minority put options and to re-purchase 2027 convertible bonds, but
especially the first disposal for reducing leverage show that we keep
track in executing our finance milestones as well.” said Rainer Irle, CFO
of ams OSRAM.

Q2/25 business and earnings summary

EUR millions (except per share Q2 2025 Q1 2025 QoQ Q2 2024 YoY
data) 
Revenues  775 820 -5 % 819 -5 %
EBITDA margin adj. % ^1) 18.8 % 16.4 % +240 bps 16.5% +230 bps
EBITDA adj. ^1) 145 135 +7 % 135 +7 %
Net result adj. ^1) 18 -23 n/a -1 n/a
Diluted EPS (adj., in EUR) ^ 2) 0.18 -0.23 n/a 0.0 n/a

^1)^ ^ Adjusted for microLED strategy adaption expenses, M&A-related,
other transformation and share-based compensation costs, results from
investments in associates and sale of businesses.

^2)  Basic and diluted earnings per share for the comparative period were
adjusted following the reverse share split on 30 September 2024.   

Group revenues came in exactly at the midpoint of the guided range of EUR
725 – 825 million. Reported revenues declined by 5 % quarter-over-quarter
due to a meaningful automotive-lamps aftermarket inventory correction at
US retail chains on top of normal seasonality and a significantly weaker
USD. At a constant EUR/USD exchange rate, revenues would have been approx.
EUR 35 million higher.

Year-over-year, group revenues declined by 5% mainly driven by the weaker
US dollar, the discontinued non-core semiconductor business and the
inventory correction in automotive LEDs. Like-for-like, at a constant
EUR/USD exchange rate and only considering the core portfolio, revenues
would have been up by approx. 2 %.

Adj. EBITDA (adjusted earnings before interest, taxes, depreciation, and
amortization) came in slightly higher than the midpoint of the guided
range of 18.5 % +/-1.5 %. Some one-offs (part of the Q2 guidance), such as
government and customer funding catch-up, contributed positively.

Adj. net result came in positive at EUR 18 million. The typical, recurring
quarterly adjustments of transformation cost, purchase price allocation
and share based compensations were reduced by a one-time positive effect
from the settlement of a decades long lawsuit regarding the
misappropriation of trade secrets by a counterparty.

IFRS net result came in slightly positive at EUR 1 million.

Implementation of balance sheet improvement plan

On 30 April 2025, the company announced its accelerated, comprehensive
plan to de-leverage its balance sheet including assessing the sale of
business assets for well above EUR 500 million.

To date, the company has implemented the first elements of the plan,
namely

• 03 July 2025, extension of the EUR 800 m Revolving Credit Facility
(RCF) by another year until September 2027
• 23 July 2025, private placement above par of principal amount of EUR
200 m 10.5 % and USD 350m 12.25 % senior notes due in 2029 to
prefinance long-term OSRAM minority put option bulk exercises (approx.
EUR 350m) and buy back 2027 convertible bonds (approx. EUR 150m)
• 29 July 2025, sale of Entertainment & Industrial Lamps business for
EUR 114 m (on a cash-and-debt-free basis) as first disposal under the
deleveraging plan, closing expected in Q1/2026

 

Upon completion, the plan will reduce the net-debt / adj. EBITDA leverage
ratio below 2, minimize the amount to be refinanced, reduce the interest
expenses to below EUR 100 million annually and thereby strengthen the
operating cash flow further. 

Q2/25 Cash generation & balance sheet update

EUR millions  Q2 2025 Q1 2025 QoQ Q2 2024 YoY
FCF (incl. net interest paid) -14 -28 -50 % -119 -88 %
Cash on hand 511 573 -11 % 900 -43 %
Net debt 1,570 1,484 +6 % 1,576 -0 %
Kulim-2 (SLB), EUR equiv. 420 429 -2 % 401 +5 %
Net debt (incl. SLB) 1,990 1,913 +4 % 1,977 +1 %
OSRAM minority put options ^1) 528 570 -7 % 605 -13 %

^1) contingent liability part of ‘other financial liabilities’

 

Free cash flow – defined as operating cash flow including net interest
paid minus cash flow from CAPEX plus proceeds from divestments – came in
slightly negative as the company preproduced inventory for the scheduled
business ramp-up in H2 and also paid out annually recurring items.
However, the company expects meaningful cash inflows from subsidies by the
Austrian government under the European Chips Act already notified by the
European Commission later in the year.

The net debt position slightly increased to EUR 1,570 million
quarter-over-quarter after EUR 1,484 million in the previous quarter,
mainly due to a change in the cash-on-hand position. In view of approx.
EUR 60 million exercised put options of OSRAM minority shares in H1, the
company drew EUR 50 m of the RCF (that is in place for larger put option
exercises) in order to keep an adequate cash balance. By now, the drawn
RCF portion has already been paid back using some proceeds of the private
placement of additional senior notes on 23 July 2025.

The equivalent value of the Sale-and-Lease Back (SLB) Malaysia transaction
decreased by EUR 9 million due to a net effect of quarterly accrued
interest and MYR exchange rate swings.

The Group held approx. 88 % of OSRAM Licht AG shares end of Q2/25. The
company has an EUR 800 million Revolving Credit Facility (RCF) in place
that was just extended by another year until September 2027. The RCF is
primarily in place to cover any further significant exercises under the
‚domination and profit and loss transfer agreement (DPLTA)’ put option and
the undrawn part would be sufficient to fully cover all outstanding
minority shareholder’s put options. It can also be drawn for general
corporate and working capital purposes.

 

Q2/25 Business Unit (BU) results & industry update

Semiconductor Business

EUR millions  Q2 2025 Q1 2025 QoQ Q2 2024 YoY
Opto Semiconductors (OS)          
Revenue 344 336 +2 % 372 -8 %
EBITDA margin adj. % 22.9 % 14.7 % +820 bps 22.7% +20 bps
EBITDA adj. 79 49 +61 % 84 -6 %
CMOS Sensors & ASICs (CSA)          
Revenue 239 236 +1 % 224 +7 %
EBITDA margin adj. % 18.0% 13.8% +420 bps 9.4 % +860 bps
EBITDA adj. 43 32 +34 % 21 +105 %
Semiconductors by industry          
vertical
Automotive 229 225 +2 % 251 -9 %
I&M 171 141 +21 % 185 -8 %
Consumer  183 206 -11 % 159 +15 %

^ 

Semis were approx. 76 % of Q2/25 group revenue or EUR 582 million,
compared to EUR 596 million a year ago, mainly driven by inventory
correction in the automotive LED supply chain and the phase-out of
non-core businesses in conjunction with ‘Re-establish the Base’
contributing with a close to mid double-digit million EUR a year ago.
Growth in the core portfolio, especially with new sensor products, made up
for the divested or discontinued non-core portfolio. Like-for-like, at a
constant EUR/USD exchange rate and only considering the core portfolio,
revenues would have been up by approx. 7 % – in line with the mid-term
target growth corridor of the semiconductor target operating model. 

Optical Semiconductors (OS)

A seasonal upswing in horticulture and slightly increased sales in
Automotive led the quarter-over-quarter improvement.

Adj. EBITDA increased to EUR 79 million compared to Q1 on the back of
gross profit fall through, EUR/USD exchange rate effects and catch-up from
government and customer fundings.

CMOS Sensors & ASICs (CSA):

Revenues remained essentially flat quarter-over-quarter. Demand for
components for consumer handheld devices was slightly stronger than the
typical seasonal trend and sales into industrial & medical applications
improved.

Adjusted EBITDA improved by EUR 10 million in Q2/25 compared to the
previous quarter driven by an improved factory loading in anticipation of
product ramp-ups in H2/25. The adjusted EBITDA Margin came in almost twice
as high than a year ago thanks again to the structural savings from the
‘Re-establish the Base’ program. 

Semiconductors industry dynamics

Automotive:

Business improved quarter-over-quarter against the backdrop of an
inventory correction in the LED semiconductor supply. During the quarter,
book-to-bill ratio remained above 1. Year-over-year, auto revenues came in
9 % lower, showing the inventory adjustments in opto-electronic products
due to demand uncertainties seen by Tier-1 and OEM customers.

Industrial & Medical (I&M):

End-markets started to show some momentum resulting in 21 %
quarter-over-quarter improvement in the I&M business, led by typical
seasonal upswings in various verticals, such as horticulture. The
professional lighting end-market was also resilient helped by
consolidation trends that allow the company to win market share.
Industrial automation is still on a low level and the mass market showed a
regionally differing performance with Europe and Americas improving. In
medical first signs of a gradually improving ordering pattern are visible.

Consumer:

Demand for new products and for consumer portable devices in general
remained resilient in view of the typical seasonal decline in every second
calendar quarter of a year.

Year-over-year, revenues increased by a strong 15 % due to a strong
contribution of new products, despite a lower double-digit million
contribution from non-core products a year ago that were phased-out by
December 2024.

 

Lamps & Systems Business (traditional auto & industrial lamps)

EUR millions (except per share Q2 2025 Q1 2025 QoQ Q2 2024 YoY
data) 
Revenue 192 249 -23 % 223 -14 %
EBITDA margin adj. % 15.2% 24.5 % -930 bps 17.6 % -240 bps
EBITDA adj. 29 61 -52 % 39 -26 %

 

Lamps & Systems represented approx. 24 % of Q2/25 revenues. The
significant quarter-over-quarter and year-over-year step down was
primarily driven by an inventory adjustment at US aftermarket retail
chains. Some weakness in the European market and the weaker US dollar
against the Euro also contributed.

Revenues in Specialty Lamps slightly declined quarter-over-quarter in line
with normal seasonal trends.

Adj. EBITDA dropped in line with factory utilization and product mix with
the backdrop of an elevated figure in the first quarter as a result of
one-time effects.

Guidance for the third quarter 2025

EUR millions      Q3 2025  
    low mid high
Revenue    790 840 890
quarter-over-quarter   +2 % +8 % +15 %
EBITDA margin adj. %   18.0 % 19.5 % 21.0 %
           

 

The company expects for its semiconductor business:

Automotive: improved demand on the back of market normalization (likely
end of the LED inventory correction) and new business ramp-ups.

Industrial and medical: modest development as green shoots seen at
end-customer’s business needs to translate into normalized inventory
levels.

Consumer: typical strong upswing in the seasonally strongest quarter.

Combined, the semiconductor business is expected to follow its typical
pattern with a strong third quarter slightly weaker than a year ago due to
the weaker USD.

The company expects for its traditional auto lamps business that the sales
into the aftermarket channel will improve with the annual ‘lighting
season’ beginning end of the summer.

As a result, the Group expects third quarter revenues to land in a range
of EUR 790 – 890 million assuming a EUR/USD exchange rate of 1.16. The
impact of the weaker USD on revenues compared to the start of the year is
of the order of mid-double digit million Euro. Quarter-over-quarter the
impact is approx. EUR 15 million.

The company expects adj. EBITDA to come in at 19.5 % +/-1.5 % on the back
of seamless execution ahead of plan of its Re-establish the Base strategic
efficiency program.

FY 2025 commentary

The company expects a stronger second half mainly due to product ramp-ups
and seasonality. Uncertainties persist in view of potential impacts to
global car production, smartphone sales, or other impact to GDP, following
the recent introduction or announcement of elevated tariffs in the US and
in particular changes in the EUR/USD exchange rate.

The company expects improving profitability driven by its ‘Re-establish
the Base’ program even in case of lower predictability of its topline.
CAPEX is expected to land below 8 % of sales (including capitalized R&D
and expected investment grants, e.g. from the European Chips Act).

The company expects positive free cash flow (incl. net interest paid)
exceeding EUR 100 million.

 

 

Additional Information

Additional financial information for the second quarter 2025 is available
on the company [1]website. The second quarter 2025 investor presentation
incl. detailed information is also available on the company [2]website.

ams OSRAM will host a press call as well as a conference call for analysts
and investors on the second quarter 2025 results on Thursday, 31 July
2025. The conference call for analysts and investors will start at 9.45 am
CET and can be joined via webcast. The conference call for journalists
will take place at 11.00 am CET.

 

About ams OSRAM

The ams OSRAM Group (SIX: AMS) is a global leader in innovative light and
sensor solutions.

With more than 110 years of industry experience, we combine engineering
excellence and global manufacturing with a passion for cutting-edge
innovation. Our commitment to pushing the boundaries of illumination,
visualization, and sensing enable transformative advancements in the
automotive, industrial, medical, and consumer industries.

“Sense the power of light” – our success is based on the deep
understanding of the potential of light and our distinct portfolio of both
emitter and sensor technologies. About 19,700 employees worldwide focus on
pioneering innovations alongside the societal megatrends of
digitalization, smart living and sustainability. This is reflected in over
13,000 patents granted and applied. Headquartered in Premstaetten/Graz
(Austria) with co-headquarters in Munich (Germany), the group achieved EUR
3.4 billion revenues in 2024 and is listed as ams-OSRAM AG on the SIX
Swiss Exchange (ISIN: AT0000A3EPA4). 

 

Find out more about us on [3] https://ams-osram.com  

 

Ams is a registered trademark of ams-OSRAM AG. In addition, many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.  

 

Join ams OSRAM social media channels: [4]>Twitter  [5]>LinkedIn 
[6]>Facebook  [7]>YouTube 

 

 

 

 

For further information  
Investor Relations Media Relations
ams-OSRAM AG ams-OSRAM AG
Dr Juergen Rebel Bernd Hops
Senior Vice President Senior Vice President
Investor Relations Corporate Communications
T: +43 3136 500-0 T: +43 3136 500-0
[8]investor@ams-osram.com [9]press@ams-osram.com
     

 

 

Consolidated Statement of Income in accord. with IFRS (unaudited)

 

in EUR million Q2 2025 1st Half Q2 2024 1st Half
(except earnings per share) 2025 2024
Revenues 775 1,595 819 1,665
Cost of sales -578 -1,190 -594 -1,223
Gross profit 197 405 225 443
Research and development expenses -87 -191 -113 -238
Selling, general and administrative -100 -210 -100 -201
expenses
microLED adaption result^1) 5 7 7 -625
Other operating income 41 47 9 22
Other operating expenses -1 -4 -10 -13
Results from investments accounted for -3 -3 -4 -4
using the equity method, net
Result from operations 51 50 15 -616
Financial income 78 124 11 48
Financial expenses -118 -230 -66 -160
Net financial result -40 -105 -55 -112
Result before income taxes 11 -55 -39 -728
Income taxes -10 -26 -2 -23
Net result 1 -81 -41 -751
         
Attributable to:        
Non-controlling interests 0 1 0 1
Shareholders of ams-OSRAM AG 0 -82 -42 -752
         
Basic earnings per share (in EUR)^2) 0.01 -0.82 -0.42 -7.60
Diluted earnings per share (in EUR)^2) 0.01 -0.82 -0.42 -7.60

 

1) microLED adaption result reflects net charges (impairments and
reversals of impairments on assets as well as additions to and reversals
of provisions) due to the cancellation of the microLED project on February
28, 2024.

2) Earnings per share for the comparative periods have been adjusted to
reflect the reverse stock split on September 30, 2024.

 

 

 

Consolidated Balance Sheet in accordance with IFRS (unaudited)

 

in EUR million  June 30, 2025 December 31, 2024
Assets    
Cash and cash equivalents 511 1,098
Trade receivables 307 496
Other current financial assets 91 49
Inventories 834 809
Other current non-financial assets 297 267
Assets held for sale 23 23
Total current assets 2,063 2,743
     
Property, plant, and equipment 1,616 1,729
Intangible assets 2,022 2,054
Right-of-use assets 135 189
Investment in associates 1 4
Other non-current financial assets 82 58
Deferred tax assets 65 74
Other non-current non-financial assets 56 52
Total non-current assets 3,977 4,160
Total assets 6,040 6,903
     
Liabilities and equity    
Liabilities    
Current interest-bearing loans and 50 495
borrowings
Trade payables 450 472
Other current financial liabilities 891 1,001
Current provisions 207 227
Income tax payables 52 45
Other current non-financial liabilities 326 274
Total current liabilities and provisions 1,975 2,514
     
Non-current interest-bearing loans and 2,031 2,016
borrowings
Other non-current financial liabilities 549 587
Employee benefits 151 150
Non-current provisions 50 58
Deferred tax liabilities 36 46
Other non-current non-financial 248 296
liabilities
Total non-current liabilities and 3,065 3,153
provisions
     
Equity    
Issued capital 998 998
Additional paid-in capital 2,021 2,090
Treasury shares -26 -87
Other components of equity 79 292
Retained earnings -2,079 -2,064
Total equity attributable to shareholders 994 1,229
of ams-OSRAM AG
Non-controlling interests 6 6
Total equity 1,000 1,235
Total liabilities, provisions and equity 6,040 6,903

Consolidated Statement of Cash Flows in accordance with IFRS (unaudited)

 

in EUR million Q2 2025 1st Half Q2 2024 1st Half
2025 2024
Operating activities        
Net income 1 -81 -41 -751
Reconciliation between net result and        
cash flows from operating activities
Amortization, depreciation, and 96 190 91 706
impairment^1)
Expenses from stock option plans (acc. 5 11 1 6
to IFRS 2)
Income taxes 10 26 2 23
Net financial result 40 105 55 112
Result from sales of businesses,
intangible assets and property, plant, 0 -1 8 6
and equipment
Result from investments in associates 3 3 4 4
Other adjustments for non-cash items – – 0 –
Changes in current assets and current        
liabilities
Inventories, net -31 -67 -60 -93
Trade receivables 34 163 155 123
Other current assets -106 -202 -29 -35
Trade payables 15 -8 24 38
Current provisions -44 -17 -61 33
Other current liabilities 53 52 -13 28
Changes in other assets and liabilities -12 -11 8 8
Income taxes paid -17 -24 -25 -35
Dividends received 0 0 0 0
Interest received 3 10 9 20
Interest paid -27 -116 -73 -83
Cash flows from operating activities 25 34 55 110

 

in EUR million Q2 2025 1st Half Q2 2024 1st Half
2025 2024
Investing activities        
Additions to intangible assets and -40 -92 -176 -296
property, plant, and equipment
Inflows from sales of financial
investments, intangibles and property, 1 15 2 7
plant, and equipment
Cash flows from investing activities -39 -77 -174 -288
         
Financing activities        
Transaction costs from loans and – – – -14
borrowings
Inflows from loans and other financial 70 70 100 101
liabilities
Repayment of bonds – -447    
Repayment of loans -6 -6 -109 -110
Repayment of lease liabilities  -14 -28 -15 -29
Inflows from sale and lease back – – – 10
financing
Acquisition of non-controlling interests -42 -57 -5 -5
in OSRAM Licht AG
Dividends paid to shareholders of OSRAM -27 -27 -30 -30
Licht AG
Cash flows from financing activities -19 -495 -59 -77
         
Change in cash and cash equivalents -62 -587 -175 -245
Effects of changes in foreign exchange -28 -50 3 11
rates on cash and cash equivalents
Cash and cash equivalents at the 573 1,098 1,076 1,146
beginning of the period
Cash and cash equivalents at the end of 511 511 901 901
the period
Less: Cash and cash equivalent of assets – – 1 1
held for sale at the end of the period
Cash and cash equivalents at the end of 511 511 900 900
the period

 

1)^  Q2 2025 / 1st Half 2025 EUR 68 m / EUR 134 m for property, plant, and
equipment; EUR 28 m / EUR 56 m for intangible assets;  Q2 2024 / 1st Half
2024 EUR 64 m / EUR 521 m for property, plant, and equipment; EUR 27 m /
EUR 185 m for intangible assets

 

 

Reconciliation from adjusted figures to reported figures in accordance
with IFRS

 

in EUR million Q2 2025 1st Half Q2 2024 1st Half
2025 2024
Gross profit – adjusted 224 457 243 483
Acquisition-related expense^1) -10 -21 -10 -23
Share-based compensation -1 -2 0 -1
Transformation costs -16 -30 -8 -17
Gross profit – IFRS reported 197 405 225 443
Gross margin in % – adjusted 29% 29% 30% 29%
Gross margin in % – IFRS reported 25% 25% 27% 27%
Operating expenses – adjusted -156 -331 -187 -384
microLED adaption result^2) 5 7 7 -625
Acquisition-related expense^1) 22 14 -11 -23
Share-based compensation -5 -10 -1 -5
Transformation costs -9 -32 -8 -8
Result from the sale of businesses – 0 -5 -8
Result from at-equity investments -3 -3 -4 -4
Operating expenses – IFRS reported -146 -355 -210 -1,058
Result from operations (EBIT) – adjusted 68 126 56 99
microLED adaption result^2) 5 7 7 -625
Acquisition-related expenses^2) 12 -7 -21 -46
Share-based compensation -5 -11 -1 -6
Transformation costs -25 -62 -17 -24
Result from the sale of businesses – 0 -5 -8
Result from at-equity investments -3 -3 -4 -4
Result from operations (EBIT) – IFRS 51 50 15 -616
reported
EBIT margin in % – adjusted 9% 8% 7% 6%
EBIT margin in % – IFRS reported 7% 3% 2% -37%
         
Result from operations (EBIT) – adjusted 68 126 56 99
Amortization, depreciation, and
impairment (excluding 77 154 80 160
acquisition-related expense)^1)
EBITDA – adjusted 145 280 135 259

 

 

in EUR million Q2 2025 1st Half Q2 2024 1st Half
2025 2024
EBITDA – adjusted 145 280 135 259
microLED adaption result^2) 0 -3 7 -122
Acquisition-related expenses^2) 30 29 -2 -5
Share-based compensation -5 -11 -1 -6
Transformation costs -19 -52 -22 -24
Result from the sale of businesses – 0 -9 -8
Result from at-equity investments -3 -3 -4 -4
EBITDA – IFRS reported 147 240 106 90
EBITDA margin in % – adjusted 19% 18% 17% 16%
EBITDA margin in % – IFRS reported 19% 15% 13% 5%
         
Result from operations (EBIT) – adjusted 68 126 56 99
Net financing result -40 -105 -55 -112
Income tax result -10 -26 -2 -23
Net result – adjusted 18 -5 -1 -36
Basic adjusted earnings per share (in 0.18 -0.05 -0.01 -0.36
EUR)^3)

 

1) Acquisition-related expenses include amortization, depreciation and
impairment of purchase price allocated assets, integration, carve-out and
acquisition related costs. The amount for Q2 2025 and 1st Half 2025
contains the gain from the court ruling on trade secret and patent
infringement suit.

2) microLED adaption result reflects net charges (impairments and
reversals of impairments on assets as well as additions to and reversals
of provisions) due to the cancellation of the microLED project on February
28, 2024

3) Earnings per share for the comparative periods have been adjusted to
reflect the reverse stock split on September 30, 2024.

 

 

 

End of Inside Information

══════════════════════════════════════════════════════════════════════════

31-Jul-2025 CET/CEST News transmitted by EQS Group. www.eqs.com

══════════════════════════════════════════════════════════════════════════

Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A3EPA4
WKN: A118Z8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 2177208

 
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References

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