ams OSRAM Reports Solid Q2 2024 Results

ams OSRAM Q2 2024

ams OSRAM’s Q2 2024 results show solid performance with revenues of EUR 819 million and an adjusted EBITDA margin of 16.5%, reaching the upper end of their forecast range. The company anticipates Q3 revenues between EUR 830 and 930 million, with an adjusted EBITDA margin of 17% to 20%. The improved profitability and lower capital expenditures are expected to significantly boost free cash flow in the second half of 2024. The company’s strategic “Re-establish-the-Base” program has already realized approximately EUR 60 million in savings, supporting their financial stability and growth.

The company continues to gain momentum in long-term growth with around EUR 2.5 billion in new design-wins recorded in the first half of 2024. Despite some sector-specific challenges, such as weakened demand in certain markets, the robust performance in automotive semiconductors and the ramp-up of new products are driving positive outlooks. Improved cash flow and strategic cost-saving initiatives are setting a strong foundation for future success.

View the full ams OSRAM Q2 2024 results below or click here

Ad-hoc_2024_eng Q2 2024 results

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