EQS-Adhoc: ams-OSRAM AG: ams OSRAM outlines path to leadership in optical solutions to drive significant value generation and achieve 20+% adj. EBIT margin target, adding mid-term financial targets ...

EQS-Ad-hoc: ams-OSRAM AG / Key word(s): Strategic Company Decision
   ams-OSRAM AG: ams OSRAM outlines path to leadership in optical solutions
   to drive significant value generation and achieve 20+% adj. EBIT margin
   target, adding mid-term financial targets ...

   05-Apr-2022 / 07:00 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group
   AG.
   The issuer is solely responsible for the content of this announcement.

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

   ams OSRAM outlines path to leadership in optical solutions to drive
   significant value generation and achieve 20+% adj. EBIT margin target,
   adding mid-term financial targets, at virtual CMD

   - ams OSRAM presents its strategy to become the leader in optical
   solutions and key drivers to create sustained long-term value, confirming
   its targeted financial objectives after one year of operational control of
   OSRAM

   - Insights into the business to demonstrate the group's strong technology
   portfolio contributing to important megatrends, offering a robust outlook
   across diverse revenue growth vectors

   - Targeted financial model, geared to the combined business, with
   underlying value drivers to underpin its strategic goals

   - Adds mid-term financial targets for the fully re-aligned portfolio of
   EUR 4.9 billion +/- EUR 300 million revenues and 15% or better adjusted
   EBIT margin in 2024 and additional investment in significant new 8" LED
   front-end capacity to support advanced LED technologies and microLED of up
   to approx. EUR 800 million; announces target to be Carbon Neutral by 2030

   Premstätten, Austria and Munich, Germany (5 April 2022) -- ams OSRAM (SIX:
   AMS), a global leader in optical solutions, today provides investors with
   an update on its strategy, business outlook and path to become the leader
   in optical solutions at its Capital Markets Day ("CMD"). The CMD will
   showcase the opportunities for ams OSRAM which has been on a successful
   integration path since ams OSRAM gained operational control of OSRAM in
   March 2021.

   "We are very excited to walk investors and stakeholders through our
   achievements so far and share our enthusiasm for the group's future at
   today's CMD," said Alexander Everke, CEO of ams OSRAM. "We strongly
   believe we have a compelling strategy, anchored by major technologies,
   that will drive the demand for optical solutions in markets in which we
   are active and holding leading positions. We command a unique, winning and
   focused optical solutions portfolio offering innovative solutions to our
   customers. This is underpinned by the diversity of our revenue growth
   vectors in our Semiconductors business, across the Automotive, Consumer,
   Industrial and Medical end markets. The confluence of these factors will
   create the foundations of sustainable and responsible success."

   The CMD will be presented by the entire Management Board of ams OSRAM,
   together with key senior members of the broader management team. The CMD
   will provide investors and other stakeholders with a detailed
   understanding of how the journey of ams OSRAM is evolving, the outlook for
   the enlarged business and the key drivers thereof. In particular, the CMD
   will focus on the following:

   - Presenting how the group's business and integration have evolved since
   March 2021;

   - Confirming the group's targeted financial model, providing more
   underpinning regarding the key drivers of the long-term target model of
   double-digit average annual revenue growth and 20+% adjusted EBIT margin

   - Introducing 2024 mid-term targets of EUR 4.9 billion +/- EUR 300 million
   revenues and adjusted EBIT margin of 15% or better, on the basis of the
   re-aligned portfolio;

   - Detailing the key drivers, across growth vectors, in the group's
   portfolio serving the major market trends of Digitization, Smart Living,
   and Energy Efficiency & Sustainability;

   - Showcasing the group's strong technology position in key growth
   applications including advanced dynamic automotive lighting, microLED
   display technology, optical solutions for AR/VR, automotive sensing, and
   horticulture LED lighting, among others;

   - Presenting the group's future industrial footprint: Next to a range of
   footprint consolidation steps, ams OSRAM will build a new 8" LED front-end
   facility alongside its existing LED fab in Kulim, Malaysia, adding
   significant capacity to support expected growth in advanced LED
   technologies and MicroLED. The new facility investment is expected to
   amount to up to approx. EUR 800 million over the next 18-24 months.

   ams OSRAM has already made significant progress since March 2021 with a
   range of key milestones achieved, demonstrating the commitment to become
   the leader in optical solutions. The combined ams OSRAM is driven by its
   employees' collective vision to achieve its strategy in a global one team
   approach. This has already translated into a solid financial performance
   despite end market and supply chain headwinds over the last 12 months. At
   the same time, ams OSRAM is progressing well in divesting non-core
   businesses through the sale of the majority of the former OSRAM Digital
   business, which is expected to be completed by year-end 2022, and the
   completed unwinding of the former OSRAM-Continental joint venture. As part
   of the definition of the group's ESG strategy, ams OSRAM today publishes
   first key targets: to be Carbon Neutral by 2030 and to have 25% of
   leadership positions held by women in 2026.

   The CMD will demonstrate that the combined ams OSRAM group is able to
   deliver in excess of a standalone situation, also by strengthening the
   realisation and execution of key growth opportunities. This joint platform
   is further reinforced by the enhanced synergy and savings potential where
   initial estimates have been increased. The combination of these factors,
   alongside other key topics discussed in the CMD, will enable ams OSRAM to
   create an optical solutions champion with a focus on significant long-term
   value generation.

   Webcast Details
   The link to access the CMD livestream will be available at
   [1]https://ams-osram.com/cmd. The event will start at 1pm CEST and end
   around 5pm CEST.

   ###

   About ams OSRAM

   The ams OSRAM Group (SIX: AMS) is a global leader in optical solutions. By
   adding intelligence to light and passion to innovation, we enrich people's
   lives. This is what we mean by Sensing is Life.

   With over 110 years of combined history, our core is defined by
   imagination, deep engineering expertise and the ability to provide global
   industrial capacity in sensor and light technologies. We create exciting
   innovations that enable our customers in the consumer, automotive,
   healthcare and industrial sectors maintain their competitive edge and
   drive innovation that meaningfully improves the quality of life in terms
   of health, safety and convenience, while reducing impact on the
   environment.

   Our around 24,000 employees worldwide focus on innovation across sensing,
   illumination and visualization to make journeys safer, medical diagnosis
   more accurate and daily moments in communication a richer experience. Our
   work creates technology for breakthrough applications, which is reflected
   in over 15,000 patents granted and applied. Headquartered in
   Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
   the group achieved over EUR 5 billion revenues in 2021 and is listed as
   ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
   Find out more about us on [2]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: [3]>Twitter [4]>LinkedIn
   [5]>Facebook [6]>YouTube

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   05-Apr-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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

   Language:    English
   Company:     ams-OSRAM AG
                Tobelbader Straße 30
                8141 Premstaetten
                Austria
   Phone:       +43 3136 500-0
   E-mail:      [email protected]
   Internet:    https://ams-osram.com/
   ISIN:        AT0000A18XM4
   WKN:         A118Z8
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
                Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange
                (Third Market (MTF))
   EQS News ID: 1319943


    
   End of Announcement EQS News Service


   1319943  05-Apr-2022 CET/CEST

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