Q3 2023 Financial Performance and Strategic Highlights
Cash and debt overview – leverage up in-line with expectations
All figures in EURM
Q1 2023
-
2,800
861
Q2 2023
1,940
2,875
Gross debt
841
Cash
Q3 2023
2,034
2,960
Net debt
691
2,269
Expected uptick in group leverage to 3.5x net debt/adjusted ¹) EBITDA driven by CAPEX and trailing EBITDA trend
EUR 800m undrawn RCF with core banking group successfully extended* to September 2026
~90% of outstanding debt on fixed rate basis (~4% weighted interest rate)
Adj. EBITDA¹) LTM EUR 647m (based on adj. EBIT + D&A not related to adjustments)
Holistic refinancing plan for expected financing needs until 2025/26 announced
63
*
1) Excluding M&A-related, transformation and share-based compensation costs as well as results from investments in associates and sale of businesses
Extension subject to successful planed rights issue
amu OSRAMView entire presentation