Monetizing Innovation and Financial Reconciliation
Short term outlook and FY 2024 comments
Q3 2023 guidance
Revenues*: EUR 840 - 940 million
(adj.) EBIT margin: 5-8%
*EUR 120m YOY deconsolidation
effects vs. Q3 2022
Q4 2023 comments
FY 2024 comments
Semiconductors:
High uncertainty in end-markets
persisting
-
Especially Industrial and
Consumer end-markets are
challenged
Automotive revenues should
continue to stabilize with
normalizing supply chain and new
products ramping
Lamps & Systems:
Robust revenues expected due to
seasonally strong Automotive
aftermarket
-
Absolute Group revenues
expected to decline compared to
2023 due to portfolio decisions
Semiconductor core business
expected to outgrow target
markets - assuming end-markets
stabilize
Group targets slightly positive
Free Cash Flow assuming end-
markets stabilize. Significantly
reduced CAPEX compared to
2023.
Focus on improving profitability
Expected and based on current information and exchange rates
16 Adjusted figures exclude 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