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Continues turn-around with profitability at the upper end of the guided range.
July 30, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM delivered solid Q2 2024 revenues of €819 million on the back of structural growth in automotive semis, and continued turn-around with adjusted EBITDA margin of 16.5% at the upper end of the guided range “A year ago, we announced our strategic efficiency program ‘Re-establish-the-Base’ which aims at focusing the company on its profitable and structurally growing core,” said Aldo Kamper, CEO of ams OSRAM. “We are fully on track in terms of implementing the anticipated profitability i...
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