ams reported Q1 revenues of €149.3m, corresponding to an 11.8% increase sequentially and 8.9% yoy. The Products business line accounted for €136.8m (+18.2% sequentially, +7.3% yoy), leaving €12.5m to the Foundry business (+30.2% yoy).
The adjusted gross margin reached 46.1% (39.7% in IFRS), down 1090p yoy (1420bp in IFRS) following fab underutilisation as a consequence of capacity expansion to support the expected H2 ramp-up; the adjusted EBIT, came in at €4m (-€13.8m in IFRS), for a margin of ....
25 Apr 2017
A roaring momentum possibly only in its early stage
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A roaring momentum possibly only in its early stage
ams-OSRAM AG (0QWC:LON) | 0 0 (-2.9%) | Mkt Cap: 9,345m
- Published:
25 Apr 2017 -
Author:
Charles Bordes -
Pages:
3
ams reported Q1 revenues of €149.3m, corresponding to an 11.8% increase sequentially and 8.9% yoy. The Products business line accounted for €136.8m (+18.2% sequentially, +7.3% yoy), leaving €12.5m to the Foundry business (+30.2% yoy).
The adjusted gross margin reached 46.1% (39.7% in IFRS), down 1090p yoy (1420bp in IFRS) following fab underutilisation as a consequence of capacity expansion to support the expected H2 ramp-up; the adjusted EBIT, came in at €4m (-€13.8m in IFRS), for a margin of ....