Q3 2023 Financial Performance and Strategic Highlights
Group revenues and adjusted EBIT meaningfully up in Q3
All figures in EURm/% of revenues
Total revenues
EBIT, EBIT margin (adj.)1)
Ø EUR/USD
1.01
1.09
1.09
8%
1,213
120
+6%
91
904
851
1,093
Q3 2022
Q2 2023
6%
50
8%
+42%
7
71
Q3 2023
Q3 2022
Q2 2023
Q3 2023
Deconsolidation effects due to disposals
52
52
-
-
Revenues above midpoint of guidance range.
EUR ~40m negative FX impact YoY
Strong sequential growth, driven across end markets,
particular strong Automotive business.
YoY comparison reflects de-consolidation effects
Adj. EBIT margin at top end of guidance range
Reduced adj. operating expenses and certain
one-time effects (R&D funding support improved
profitability)
Clear target to improve long-term profitability
1) Excluding M&A-related, transformation and share-based compensation costs as well as results from investments in associates and sale of businesses
amu OSRAMView entire presentation