ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range

Q2/24: revenues EUR 819m, adj. EBIT EUR 56m (6.8%), adj. EBITDA EUR 135m (16.5%)

Q3/24: expected third quarter revenues of EUR 830 to 930m and adj. EBITDA margin of 17% to 20%

H2/24: significantly improved free cash flow due to lower capex and higher profitability

Implementation of Re-establish-the-Base program progressing well, approx. EUR 60m savings realized to date

Design-win momentum for long-term struc…