ams OSRAM AG
SIX:AMS
ams OSRAM AG
ams-OSRAM AG develops and manufactures analog semiconductors, sensors, sensor interfaces, power management and wireless solutions. The company designs and produces integrated analog microchips and offers services and consulting in the areas of power management, sensors, sensor interfaces and mobile entertainment. The firm provides its products and services to customers in the communications, industrial, medical technology and automotive markets. The firm divides its activities into two business segments: Products and Foundry. The Products business segment consists of Consumer and Communications, Industry and Medical, as well as Automotive market areas and manufactures sensors, such as complementary metal-oxide-semiconductor (CMOS) sensors for environmental data. The Foundry business segment comprises the Full Service Foundry area that offers contract manufacture of analog integrated circuit (IC) technologies. The firm operates subsidiaries in Europe, the United States, Japan, India, China, Korea and the Philippines.
ams-OSRAM AG develops and manufactures analog semiconductors, sensors, sensor interfaces, power management and wireless solutions. The company designs and produces integrated analog microchips and offers services and consulting in the areas of power management, sensors, sensor interfaces and mobile entertainment. The firm provides its products and services to customers in the communications, industrial, medical technology and automotive markets. The firm divides its activities into two business segments: Products and Foundry. The Products business segment consists of Consumer and Communications, Industry and Medical, as well as Automotive market areas and manufactures sensors, such as complementary metal-oxide-semiconductor (CMOS) sensors for environmental data. The Foundry business segment comprises the Full Service Foundry area that offers contract manufacture of analog integrated circuit (IC) technologies. The firm operates subsidiaries in Europe, the United States, Japan, India, China, Korea and the Philippines.
Q4 Beat: Revenue and adjusted EBITDA for Q4 landed at the upper end of guidance, driven by strong aftermarket demand in Lamps & Systems.
Semiconductor Growth: Core semiconductor portfolio grew 8% year-over-year on a like-for-like basis, matching the company’s target operating model.
Strategic Milestone: ams-OSRAM achieved the #1 position in the global LED market for the first time.
Cost Savings: The Re-establish-the-Base program delivered EUR 220 million in savings one year ahead of plan; a new 'Simplify' program targets an additional EUR 200 million in annual cost reductions.
Deleveraging Success: Pro forma leverage improved from 3.3x to 2.5x after portfolio divestments, with EUR 670 million in announced transaction proceeds.
Free Cash Flow: Strong free cash flow of EUR 144 million, above EUR 100 million as promised.
2026 Guidance: Revenue expected to be slightly softer than 2025, impacted by divestments and weaker US dollar; adjusted EBITDA to be negatively affected by one-offs and higher precious metal prices.
2025-2030 Targets: Company reaffirmed mid- to high single-digit growth for semis post-2027, aiming for over 25% adjusted EBITDA margin in the semiconductor business.
