Q3 2023 Financial Performance and Strategic Highlights
Semiconductors segment: Significant sequential growth and improved profitability
All figures in EURm/% of revenues
55
Total revenues
813
+8%
648
600
Q3 2022
Q2 2023
Q3 2023
EBIT, EBIT margin (adj.)1)
7%
61
6%
2%
13
36
Q3 2022
Q2 2023
Q3 2023
-
-
-
Strong sequential growth driven by several end-markets, in particular strong Automotive business
Automotive business reflects end of inventory correction, normalized order patterns, strong demand from China
Weak industrial markets y-o-y due to macro pressure, medical also subdued, positive seasonality in Consumer
Profitability improved, partially by higher volume, partially by one-time effect (catch-up of subsidies recognition),
while still impacted by low production volumes and underutilization
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