- 30.04.2025, 07:17:09
- /
- EQS0002
EQS-Adhoc: ams-OSRAM AG: ams OSRAM delivers 16.4% adj. EBITDA at revenues of €820m in Q1 above guidance mid-point, confirms 2025 FCF outlook>€100m, considers strategic options for certain assets for deleveraging
EQS-Ad-hoc: ams-OSRAM AG / Key word(s): Quarter Results
ams-OSRAM AG: ams OSRAM delivers 16.4% adj. EBITDA at revenues of €820m in
Q1 above guidance mid-point, confirms 2025 FCF outlook>€100m, considers
strategic options for certain assets for deleveraging
30-Apr-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 delivers 16.4% adj. EBITDA at revenues of EUR 820m in Q1 above
guidance mid-point, confirms 2025 FCF outlook above
EUR 100m and considers strategic options for accelerated deleveraging
• Q1/25: revenues of EUR 820m, 16.4% adj. EBITDA margin, above mid-point
of guidance
• Q1/25: realized run-rate savings of approx. EUR 135m from
‘Re-establish the Base’ (RtB) program
• Q1/25: order entry has been constantly improving with book-to-bill >1
across the board
• Q2/25: revenues of EUR 725m – 825m and 18.5% +/-1.5% adj. EBITDA
expected
• FY25: free cash flow outlook of above EUR 100m and improved
profitability re-confirmed
• Impact of new US tariff regime: successfully mitigating most of the
primary cost impact
• The company considers strategic options for certain assets (in
addition to Kulim-2) generating proceeds well above EUR 500m as part
of its accelerated, comprehensive deleveraging plan
Premstaetten, Austria, and Munich, Germany (30 April 2025) -- ams OSRAM
delivers 16.4% adj. EBITDA at revenues of EUR 820m in Q1 above guidance
mid-point, confirms 2025 FCF outlook above EUR 100m and considers
strategic options for certain assets for deleveraging
“Even though economic uncertainties are increasing, our structural
profitability is continuously improving thanks to the seamless
implementation of our ‘Re-establish the Base’ (RtB) strategic efficiency
program, which is ahead of plan. Our global footprint and customer base
enables us to deal with the volatilities of the new tariff regime.” said
Aldo Kamper, CEO of ams OSRAM.
“We plan to accelerate our balance sheet deleveraging. To this end, we are
considering strategic options for some of our assets for reaching the
target leverage ratio below 2 faster and thereby reducing our mid-term
interest cost significantly.” said Rainer Irle, CFO of ams OSRAM.
Balance sheet improvement plan
In view of current uncertainties in the economic boundary conditions, the
company has formulated a comprehensive plan to reach its target leverage
ratio of net-debt / adj. EBITDA below 2 in an accelerated manner. The plan
consists of various, complementary elements:
• Further improving the free-cash-flow performance on the back of a
seamless execution of its strategic efficiency program ‘Re-establish
the Base’ and structural growth in its core semiconductor business
• the disposal of its 8”-Kulim facility thereby eliminating the SLB
• the extension of the RCF
• the consideration of strategic options for various additional assets
with the goal to generate proceeds well above EUR 500 million.
The plan will reduce the leverage ratio below 2, minimize the amount to be
refinanced, reduce the interest expense to below EUR 100 million annually
and thereby strengthen the operating cash flow further.
Q1/25 financial update
The Group recorded revenues of EUR 820 million in Q1/25, above the
midpoint of the guided range of EUR 750 – 850 million. The revenues
declined by 7% quarter-over-quarter, a typical seasonal decline by
magnitude despite the cyclical weakness in automotive and industrial
semiconductor business. Automotive lamps aftermarket business declined
seasonally. In the semiconductor business the quarter-over-quarter decline
had different dynamics per industry. In automotive, the ramp up of new
sensor products partially balanced seasonal decline whilst the auto LED
business was still in an inventory correction cycle, industrial & medical
(I&M) hit its cyclical low point and consumer was nearly flat due to
strength in old and new products. The temporarily stronger USD FX-Rate
during the quarter and the currently recurring non-refundable engineering
payments (so called ‘NRE’) for the development of LED technologies from
certain customers also contributed to revenues landing above the midpoint
of the guided range.
Key reported figures
EUR millions Q1 2025 Q4 2024 QoQ Q1 2024 YoY
(except per share data)
Revenues 820 882 -7% 847 -3%
Opto Semiconductors (OS) 336 350 -4% 345 -3%
CMOS Sensors & ASICs (CSA) 236 258 -9% 233 +1%
Lamps & Systems (L&S) 249 275 -9% 268 -7%
Gross profit adj. 233 239 -3% 241 -3%
Gross margin adj. % 28.4% 27.1% +130 bps 28.4% 0 bps
Operating income (EBIT) adj.^1) 58 60 -3% 44 +32%
Operating margin (EBIT) adj. 7.1% 6.8% +30 bps 5.2% +190 bps
%^1)
EBITDA adj. 135 150 -10% 124 +9%
EBITDA margin adj. % 16.4% 17% -60 bps 14.6% +180 bps
Net result adj. -23 3 n/a -35 -34%
Diluted & undiluted EPS adj. (in -0.23 0.03 n/a -0.35 -34%
EUR)^1)2)
Net result (IFRS) -82 -58 41% -710 -88%
Diluted & undiluted EPS (IFRS, -0.83 -0.59 41% -7.19 -88%
in EUR) ^ 2)
Operating cash flow 10 79 -87% 55 -82%
Cash flow from CAPEX ^3) -52 -104 -50% -120 -57%
FCF (incl. net interest paid) ^ -28 2 n/a -60 -53%
4)
Net debt 1,484 1,413 5% 1,399 6%
Net debt (incl. SLB) ^5) 1,914 1,854 3% 1,793 7%
^
^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.
^3) Cash flow from investments in property, plant, and equipment and
intangibles (such as capitalized R&D), incl. investment grants.
^4) Excl. financial investments.
^5) Incl. EUR 429 m equivalent as of end of March 2025 from SLB Malaysia
transaction.
Year-over-year, group revenues declined by 3% due to cyclical weakness in
automotive and I&M semiconductor businesses, the discontinued non-core
semiconductor business, and some end-of-life of OEM modules business in
Lamps & Systems. At a constant USD/EUR exchange rate and excluding
business divestments, revenues would have declined by 4%.
Adjusted EBITDA (adjusted earnings before interest, taxes, depreciation,
and amortization) came in at EUR 135 million, i.e. at 16.4% adj. EBITDA
margin, slightly above the midpoint of the guided range of 16% +/-1.5%.
Adjusted EBIT (adjusted earnings before interest and taxes) margin for the
group improved slightly to 7.1% compared to the previous quarter. Adjusted
EBIT came in at EUR 58 million.
Semiconductor business update
Opto Semiconductors segment (OS)
Revenues for opto-electronic semiconductors decreased by EUR 14 million to
EUR 336 million in Q1/25 compared to EUR 350 million in Q4/24. Main
contributor to this development was automotive with a seasonal decline and
no further reduction of backlog orders that contributed in Q4/24. On top,
the company continues to receive non-refundable engineering payments (so
called ‘NRE’) for the development of LED technologies from certain
customers on a currently recurring basis, exemplifying its leading
technology position. Adjusted EBITDA stayed essentially flat at EUR 49
million, representing an adjusted EBITDA margin of 14.7%.
CMOS sensors and ASICs segment (CSA)
Revenues for CMOS sensors and ASICs decreased by EUR 22 million to EUR 236
million in Q1/25 compared to EUR 258 million in Q4/24 in line with its
typical seasonal decline in demand for components for consumer handheld
devices.
Adjusted EBITDA dropped to EUR 32 million in Q1/25 from an elevated figure
in Q4/24 of EUR 55 million that was partially driven by positive one-off
effects. The adjusted EBITDA Margin stood at 13.8%, more than 5 times
higher than a year ago thanks to the structural savings from the
‘Re-establish the Base’ program.
Semiconductors industry dynamics
Revenues from the two semiconductor business units represented approx. 70%
of Q1/25 revenues, or EUR 571 million, compared to EUR 578 million a year
ago, essentially flat with a small cyclical decline of 1% driven by
automotive and I&M. Like in the previous quarter, end-markets continued to
show different cyclicality in the first quarter. Growth in the core
portfolio compensated the phased-out non-core portfolio that still
contributed meaningfully a year ago.
Automotive:
The automotive business came in slightly better than expected against the
backdrop of an inventory correction in the opto-electronic semiconductor
supply chain and the revenue tailwind in Q4 from order backlog. Customers
continue to order on very short notice, reflecting a high level of
uncertainty at the carmakers. The company benefited from ramping up of new
sensor products and some tailwinds from the stronger US dollar resulting
in a 6% quarter-over-quarter decline. The year-over-year decline comes in
more pronounced with 11%, clearly showing the inventory adjustments in
opto-electronic products due to demand uncertainties seen by Tier-1 and
OEM customers.
Industrial & Medical (I&M):
The business showed again a mixed performance across verticals, e.g.
horticulture with a seasonal decline, industrial automation stabilized on
a low level, mass market with a regionally differing performance showing
some signs of improvement. The cyclical trough seems to be reached with a
9% decline compared to a year ago. Quarter-over-quarter, revenues came in
11% lower than in Q4/24 due to end-of-life of certain legacy products.
Consumer:
Demand for new products and for consumer portable devices in general
remained healthy following broadly its typical seasonal pattern. Revenues
came in just 2% lower than in the previous quarter, supported by order
from legacy products, representing a very small seasonal decline.
Year-over-year, revenues increased by 21% due to a strong contribution of
new products, despite meaningful contribution from non-core products a
year ago that were mostly phased-out by December 2024.
Lamps & Systems segment (L&S)
The Lamps & Systems segment represented approx. 30% of Q1/25 revenues,
equaling EUR 249 million. The business development followed its typical
seasonal pattern with a quarter-over-quarter decline of 9%. The
year-over-year reduction of 7% comes mainly from discontinued OEM products
and the gradual structural decline in the OEM halogen lamps business for
new cars.
Adjusted EBITDA in Q1/25 came in even higher than in Q4/24 at EUR 61
million or 24.5% adjusted EBITDA margin on the back of a favorable product
mix, a one-time effect and good plant utilization.
Automotive:
The automotive aftermarket business followed its typical seasonal demand
pattern in Q1/25. The OEM business performed as expected.
Specialty Lamps:
Revenues stayed flat quarter-over-quarter. Overall, the inventory
corrections in industrial and professional entertainment markets are
continuing, whilst some customers pulled in orders ahead of expected
tariffs.
Q1/25 key financial figures
Gross margin
The adjusted gross margin increased by 130 basis points
quarter-over-quarter due to an overall better product mix. Year-over-year,
adj. gross margin remained unchanged.
Net result & earnings per share
The adjusted net result came in at EUR -23 million in Q1/25 better than
EUR -35 million a year ago and down from EUR 3 million in the fourth
quarter. Both Q1/25 adjusted basic and diluted earnings per share came in
at EUR -0.23, down compared to EUR 0.03 EUR in Q4/24.
The IFRS net result came in at EUR -82 million in Q1/25 after EUR -58
million in Q4/24. Both basic and diluted IFRS earnings per share came in
at EUR -0.83 in Q1/25, after EUR -0.59 in Q4/24.
Cash flows
Operating cash flow (including net interest paid) came in at EUR 10
million in Q1/25.
Cash flow from investments into PPE and intangibles, or CAPEX, ended up
below the target 8% CAPEX/sales ratio at EUR -52 million compared to EUR
-104 million in the previous quarter and significantly down compared to a
year ago, where the figure stood at EUR -120 million. Free cash flow –
defined as operating cash flow including net interest paid minus cash flow
from CAPEX plus proceeds from divestments – came in at EUR -28 million in
Q1/25.
Net-debt related financial figures
On 7 March 2025, the company paid back the outstanding 2025 convertible
note at maturity with EUR 447 million in cash. The gross cash position
reduced to EUR 573 million end of Q1/25 after EUR 1,098 million at the end
of December 2024. Consequently, the net debt position slightly increased
to EUR 1,484 million quarter-over-quarter after EUR 1,413 million in
Q4/24.
The equivalent value of the Sale-and-Lease Back (SLB) Malaysia transaction
reduced to EUR 429 million in Q1/25 from EUR 441 million end of Q4/24.
Despite the quarterly accrual of lease payments, the liability decreased
due to a weaker exchange rate development of MYR / EUR. Including EUR 429
million equivalent from the SLB (booked under other financial
liabilities), the net debt position increased to
EUR 1,914 million in Q1/25 compared to EUR 1,854 million in Q4/24.
Status of outstanding OSRAM minority shares
On 31 March 2025, the Group held approx. 87% of OSRAM Licht AG shares. The
total liability for minority shareholders’ put options reduced to EUR 570
million at the end of Q1/25 compared to EUR 585 million at the end of the
previous quarter.
The company has a Revolving Credit Facility (RCF) in place. 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
would be sufficient to fully cover all outstanding minority shareholders’
put options. It could also be drawn for general corporate and working
capital purposes.
Second quarter 2025 Outlook
On the back of an improving order entry during the first quarter, the
company expects an improved demand for its automotive semiconductor
products in Q2/25.
The demand from industrial and medical markets might slightly increase
despite persisting macro-economic uncertainties.
The business with its semiconductor products for consumer handheld devices
will follow its normal seasonal pattern and reach its seasonal low in the
second quarter.
Combined, the semiconductor business is expected to follow a normal
pattern, but with a slight reduction due to the weaker USD in contrast to
a year ago.
The automotive aftermarket halogen lamps business will enter its typical
spring & summer weakness, following its traditional seasonal demand
pattern.
In total, the sequential development is in line with normal seasonal
patterns, although from a lower base due to the cyclical bottom in
industrial and the inventory correction in automotive in Q1. Approximately
EUR 35 million revenue decline is due to the assumed appreciation of the
EUR in Q2 by 8 cents, compared to the first quarter when the EUR/USD
exchange rate stood at 1.05.
As a result, the Group expects second quarter revenues to land in a range
of EUR 725 – 825 million assuming a EUR/USD exchange rate of 1.13.
The company expects adj. EBITDA to come in at 18.5% +/-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 continues to expect a stronger second half mainly due to
product ramp-ups and seasonality. A market normalization can still
materialize but is subject to 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.
The company expects improving profitability driven by its ‘Re-establish
the Base’ program even in case of lower predictability of its topline,
CAPEX spendings of less than 8% of sales (including capitalized R&D and
expected investment grants, e.g. from the European Chips Act).
The company continues to expect positive free cash flow (incl. net
interest paid) exceeding EUR 100 million due to improved earnings, lower
capex and reduced NWC in FY25.
Additional Information
Additional financial information for the first quarter 2025 is available
on the company [1]website. The first 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 first quarter 2025 results on Wednesday, 30 April
2025. The conference call for analysts and investors will start at 9.45 am
CEST and can be joined via webcast. The conference call for journalists
will take place at 11.00 am CEST.
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 Q1 2025 Q1 2024
(except earnings per share)
Revenues 820 847
Cost of sales -612 -629
Gross profit 208 218
Research and development expenses -105 -125
Selling, general and administrative expenses -110 -102
microLED adaption expenses^1) 2 -632
Other operating income 6 12
Other operating expenses -2 -3
Result from operations -1 -631
Net financial result -65 -57
Result before tax -66 -688
Income tax result -16 -21
Net result (continuing operations) -82 -710
Attributable to:
Non-controlling interests 0 0
Shareholders of ams-OSRAM AG -82 -710
Basic earnings per share (in EUR) ^2) -0.83 -7.19
Diluted earnings per share (in EUR) ^ 2) -0.83 -7.19
1. microLED strategy adaption expenses reflect net charges (e.g.
impairments and reversals of impairments on assets and recognition of
provisions) due to the cancellation of the microLED project on 28
February 2024.
2. Basic and diluted earnings per share for the comparative period were
adjusted following the reverse share split on 30 September 2024.
Consolidated Balance Sheet in accordance with IFRS (unaudited)
in EUR million 31.03.2025 31.12.2024
Assets
Cash and cash equivalents 573 1,098
Trade receivables 356 496
Other current financial assets 71 49
Inventories 830 809
Other current non-financial assets 276 267
Assets held for sale 23 23
Total current assets 2,128 2,743
Property, plant, and equipment 1,684 1,729
Intangible assets 2,039 2,054
Right-of-use assets 149 189
Investment in associates 4 4
Other non-current financial assets 61 58
Deferred tax assets 62 74
Other non-current non-financial assets 54 52
Total non-current assets 4,053 4,160
Total assets 6,182 6,903
Liabilities and equity
Liabilities
Current interest-bearing loans and borrowings 52 495
Trade payables 441 472
Other current financial liabilities 902 1,001
Current provisions 253 227
Income tax payables 56 45
Other current non-financial liabilities 281 274
Total current liabilities 1,985 2,514
Non-current interest-bearing loans and borrowings 2,005 2,016
Other non-current financial liabilities 561 587
Employee benefits 147 150
Non-current provisions 54 58
Deferred tax liabilities 40 46
Other non-current non-financial liabilities 294 296
Total non-current liabilities 3,101 3,153
Equity
Issued capital 998 998
Additional paid-in capital 2,096 2,090
Treasury shares -87 -87
Other reserves 205 292
Retained earnings -2,123 -2,064
Total equity attributable to shareholders of 1,089 1,229
ams-OSRAM AG
Non-controlling interests 6 6
Total equity 1,096 1,235
Total liabilities and equity 6,182 6,903
Consolidated Statement of Cash Flows in accordance with IFRS (unaudited)
in EUR million Q1 2025 Q1 2024
Operating activities
Net income -82 -710
Reconciliation between net result and cash flows from
operating activities
Amortization, depreciation, and impairment^1) 94 615
Expenses from stock option plans (acc. to IFRS 2) 6 5
Income taxes 16 21
Net financial result 65 57
Result from sales of businesses, intangible assets and -2 -2
property, plant, and equipment
Changes in current assets and current liabilities
Inventories, net -36 -33
Trade receivables 130 -33
Other current assets -96 -6
Trade payables -23 14
Current provisions 28 94
Other current liabilities -1 41
Changes in other assets and liabilities 1 0
Income taxes paid -7 -10
Interest received 7 11
Interest paid -89 -10
Cash flows from operating activities 10 55
Investing activities
Additions to intangible assets and property, plant, and -52 -120
equipment
Inflows from sales of investments, intangibles and 14 5
property, plant, and equipment
Cash flows from investing activities -38 -115
Financing activities
Transaction costs from loans and borrowings - -14
Repayment of bonds -447 -
Inflows from loans - 2
Repayment of loans 0 -1
Repayment of lease liabilities -14 -14
Inflows from sale and lease back financing - 10
Acquisition of non-controlling interests in OSRAM Licht AG -15 -1
Cash flows from financing activities -476 -18
Effects of changes in foreign exchange rates on cash and -22 8
cash equivalents
Change in cash and cash equivalents -526 -70
Cash and cash equivalents at the beginning of the period 1,098 1,146
Cash and cash equivalents at the end of the period 573 1,076
1. In Q1 2025 EUR 66 million (Q1 2024: EUR 457 million) related to
property, plant and equipment; Q1 2025: EUR 28 million (Q1 2024: EUR
158 million) related to intangible assets.
Reconciliation from adjusted figures to reported figures in accordance
with IFRS
in EUR million Q1 2025 Q1 2024
Gross profit – adjusted 233 241
Acquisition-related expense^1) -10 -13
Share-based compensation -1 -1
Transformation costs -13 -9
Gross profit – IFRS reported 208 218
Gross margin in % – adjusted 28% 28%
Gross margin in % – IFRS reported 25% 26%
Operating expenses – adjusted -175 -197
microLED adaption expenses^2) 2 -632
Acquisition-related expense^1) -8 -12
Share-based compensation -5 -4
Transformation costs -24 1
Result from the sale of businesses 0 -4
Operating expenses – IFRS reported -209 -849
Result from operations (EBIT) – adjusted 58 44
microLED adaption expenses^2) 2 -632
Acquisition-related expenses^1) -19 -26
Share-based compensation -6 -5
Transformation costs -37 -8
Result from the sale of businesses 0 -4
Result from operations (EBIT) – IFRS reported -1 -631
EBIT margin in % – adjusted 7% 5%
EBIT margin in % – IFRS reported 0% -75%
Result from operations (EBIT) – adjusted 58 44
Amortization, depreciation, and impairment (excluding 77 80
acquisition-related expense)^1)
EBITDA – adjusted 135 124
in EUR million Q1 2025 Q1 2024
EBITDA – adjusted 135 124
microLED adaption expenses^2) -3 -129
Acquisition-related expenses^1) -1 -3
Share-based compensation -6 -5
Transformation costs -32 -3
Result from the sale of businesses 0 1
EBITDA – IFRS reported 93 -16
EBITDA margin in % – adjusted 16% 15%
EBITDA margin in % – IFRS reported 11% -2%
Result from operations (EBIT) – adjusted 58 44
Net financing result -65 -57
Income tax result -16 -21
Net result – adjusted -23 -35
Basic adjusted earnings per share (in EUR)^3) -0.23 -0.35
1. Acquisition-related expense include amortization, depreciation and
impairment of purchase price allocated assets, integration, carve-out
and acquisition related costs.
2. microLED strategy adaption expenses reflect net charges (e.g.
impairments and reversals of impairments on assets and recognition of
provisions) due to the cancellation of the microLED project on 28
February 2024.
3. Basic adjusted earnings per share for the comparative period were
adjusted following the reverse share split on 30 September 2024.
End of Inside Information
══════════════════════════════════════════════════════════════════════════
30-Apr-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: 2127128
End of Announcement EQS News Service
2127128 30-Apr-2025 CET/CEST
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9. mailto:press@ams-osram.comOTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |
