Q3 2023 Financial Performance and Strategic Highlights
Profit and loss statement
IFRS reported figures, all figures in EURm
Q3 2023
Q3 2022
9M 2023
9M 2022
Revenues
Gross profit
Gross margin (IFRS reported)
Gross margin (adjusted¹))
904
1,213
2,682
3,642
205
268
615
1,001
23%
22%
23%
27%
29%
29%
29%
31%
Research and development
-108
-171
-373
-484
Selling, general and administrative
-113
-144
-363
-456
Other operating income
13
15
55
178
Other operating expenses
-4
-294
-1,345
-308
Results from investments in associates
-6
-1
-15
-1
Result from operations (EBIT)
-12
-327
-1,426
-71
EBIT margin (IFRS reported)
-1%
-27%
-53%
-2%
EBIT margin (adjusted¹))
8%
8%
6%
9%
Net financing result
Result before tax
Income tax result
Net result (IFRS reported)
Net result (adjusted 1))
-34
-58
-91
-158
-46
-385
-1,517
-229
-9
14
-14
-68
-55
29
-370
47
-1,531
66
-297
95
67
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