ams reported Q1 revenues of €137m, corresponding to a 6.9% decrease sequentially and 10.6% yoy. The Products business line accounted for €127.5m (-6.4% sequentially, -10.7% yoy), leaving €9.5m to the Foundry business (-9.1% yoy). The gross margin reached 53.9%, down by 50bp yoy; EBIT, excluding acquisition-related costs, came in at €28.2m, for a margin of 20.6% (vs. 14.4% including these costs), leading to a net result of €13.6m. For Q2, the company expects significan
26 Apr 2016
2016 likely to be a blank year
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2016 likely to be a blank year
ams-OSRAM AG (0QWC:LON) | 0 0 (-2.9%) | Mkt Cap: 9,345m
- Published:
26 Apr 2016 -
Author:
Charles Bordes -
Pages:
3
ams reported Q1 revenues of €137m, corresponding to a 6.9% decrease sequentially and 10.6% yoy. The Products business line accounted for €127.5m (-6.4% sequentially, -10.7% yoy), leaving €9.5m to the Foundry business (-9.1% yoy). The gross margin reached 53.9%, down by 50bp yoy; EBIT, excluding acquisition-related costs, came in at €28.2m, for a margin of 20.6% (vs. 14.4% including these costs), leading to a net result of €13.6m. For Q2, the company expects significan