Financial Overview and Niche Market Leadership
Reconciliation from EBIT IFRS reported to EBIT adjusted figures
Q3 2023, All figures in EURm
60
-
-
6
34
5.
12
31
-3
71
-12
EBIT IFRS
Result from
Equity
Investments
Result from
the sale of
businesses
Asset
restructuring
Transformation Share-based M&A-related
costs
compensation
costs
costs
EBIT Adj.
EBIT Adj. best reflects underlying profitability of business and overall group development
Historic M&A transactions (e.g. OSRAM) result in significant purchase price allocation expenses (non-cash, resulting in D&A),
heavily impacting EBIT IFRS
One-time integration costs (part of M&A-related costs) as well as transformation costs for personnel restructuring programs affect
short-term profitability and mask true business development
One-time impairment charges overshadow operating business development including profitability
Book gain/losses of disposals + results from smaller historic equity investments are not part of operating business model
amu OSRAMView entire presentation