Monetizing Innovation and Financial Reconciliation slide image

Monetizing Innovation and Financial Reconciliation

Lamps & Systems: strong profitability in spite of seasonal revenues decline All figures in EURm / % of revenues Total revenues 631 -34% 384 380 79 140 251 301 244 Q2 2022 Q1 2023 Q2 2023 H1 2023 Deconsolidation effects due to disposals EBIT, EBIT margin (adj.)1) 17% 16% 15% 102 65 2% 37 6 Q2 2022 Q1 2023 Q2 2023 H1 2023 - Significant deconsolidation effects due to disposal of Digital Systems business Seasonal effects in L&S automotive business (~80% of remaining L&S business) Substantially and structurally improved profitability reflecting positive disposal-related and portfolio streamlining effects 51 amu OSRAM 1) Excluding M&A-related, transformation and share-based compensation costs as well as results from investments in associates and sale of businesses
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