Q3 2023 Financial Performance and Strategic Highlights
Overview of Q3 - Financials
Figures in EUR million (for details refer to "Financial results in detail")
EUR millions
Q3 2023
Q2 2023
QoQ
Q3 2022
YOY
(except per share data)
Revenues
904
851
6%
1,213
-25%
Gross margin adj.1)
29.0%
27.8%
+120 bps
28.7%
+30 bps
Results from operations (EBIT) adj.1)
71
50
43%
91
-22%
EBIT margin adj.1)
7.9%
5.9%
+200 bps
7.5%
+40 bps
Net result adj. 1)
29
31
-8%
47
-40%
Diluted EPS adj. 1)
0.11
0.12
0.18
Diluted EPS adj. (in CHF) 1)²)
0.10
0.12
0.18
Net Result (IFRS reported)
-55
-1,342*
-370
Diluted EPS (IFRS reported)
-0.21
-5.14*
-1.42
Operating Cash Flow
199
232
-14%
151
32%
Net debt
2,269
2,034
12%
1,595
42%
1) Excluding M&A-related, transformation and share-based compensation costs, results from investments in associates and sale of businesses
2) Earnings per share in CHF were converted using the average currency exchange rate for the respective periods
19
* Q2 2023 included impairment charges of EUR ~1.3bn
amu OSRAMView entire presentation