Q3 2023 Financial Performance and Strategic Highlights
Re-establish the Base program
Focusing on our core as the new base for sustainable, profitable growth
16
TITTT
Portfolio
Set-up & Infrastructure
Exit non-core semiconductor
portfolio of ~300 to 400 m€
run-rate
Adjusting the organization
and the infrastructure to the
new base
2) Monetizing Innovation
Streamlining the organization
for stronger accountability with
end-to-end responsibility
Objectives:
1. Focus the portfolio on the core with the highest profitability and the best growth perspective
2. Center mindset and accountability on "monetizing innovation" and overall profitability
3. Make the company lean and efficient by having the appropriate size, infrastructure and agility
4. Bottom-line improvements from portfolio-measures and savings (75m€ run-rate by end-2024, 150m€ run-rate by
end-2025) for improved profitability in 2024 and ~15% adj. EBIT by 2026 onwards
amu OSRAMView entire presentation