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First quarter revenues were €1.25 billion and adjusted EBIT margin of 10.1%, above the midpoint of the guidance range.
May 4, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM reported positive first quarter group financial results. “Our business continued to perform well in the first quarter where we delivered results above the midpoint of our guidance range. As supply chain and end market imbalances remain a key influence, our automotive and industrial & medical businesses showed a very positive performance and our consumer business provided a strong contribution fully matching expectations,” said Alexander Everke, CEO of ams OSRAM. “Our programs...
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