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Third quarter revenues of €1.21 billion and adjusted EBIT margin of 7.5% show quarter-on-quarter revenue growth.
November 3, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM reports third quarter 2022 group financial results. “We recorded solid results including sequential revenue growth for the third quarter as our business performed fully in line with our previous guidance,” said Alexander Everke, CEO of ams OSRAM. “We continue to see a demanding market situation in several end markets in an environment of slowing macro-economic momentum globally. Despite these unfavorable trends our automotive, industrial, and medical businesses offered a solid perfo...
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