2022-05-06

ams OSRAM continues healthy financial performance with first quarter revenues and operating profitability (adj.) above midpoint of expectation range despite demanding supply chain and market environment

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange First quarter revenues of EUR 1.25 billion and adjusted EBIT margin of 10.1%, above the midpoint of the guidance range Continuing to deliver portfolio re-alignment with announced sale of automotive lighting systems business established after dissolution of OSRAM Continental joint venture and closing of disposal of horticultural lighting systems business Fluence, on track for further planned disposals Recent Capital Markets Day confirmed revenue growth trajectory based on a m...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE