Monetizing Innovation and Financial Reconciliation slide image

Monetizing Innovation and Financial Reconciliation

Lamps & Systems: Seasonal effects in Q2, stable YoY development Lamps & Systems segment: Like-for-like Q2 development QoQ & YoY (excl. disposal effects), figures in EURm QoQ revenue development 46 Q1 2023 Q2 2023 YoY revenue development +7% -18% ~79m I&M QoQ disposal effects 239 195 182 195 -11% 63 56 -10% 62 56 ~30m ~110m AUT YOY disposal effects I&M YOY disposal effects Q2 2022 Q2 2023 Automotive I&M Automotive: Seasonality in automotive lamps business drives sequential development I&M: Reflects substantial disposals effects, remaining business focuses on specialized entertainment and industry lamps Automotive I&M Automotive: Strong YoY development, further expanding leading market position, also driven by strong "LED replacement lamps" portfolio I&M: Remaining business driven by certain industrial trends, such as softer demand for specialty lamps for semiconductor manufacturing equipment I&M denotes Industrial & Medical amu OSRAM
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