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Reports €881 million in revenues, 19% adjusted EBITDA and upsizes strategic savings program by another €75 million run-rate savings.
November 29, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM reported its third quarter 2024 results, delivering solid €881 million Q3 revenues, 19% adjusted EBITDA margin supported by NRE, and upsizing its strategic efficiency program “Re-establish the Base” by €75 million run-rate savings. “We are progressing faster with implementing our strategic efficiency program ‘Re-establish the Base’ as planned,” said Aldo Kamper, CEO of ams OSRAM. “Given that cyclical weakness in key markets persists, further cost savings are required to sustain our ...
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