EQS-Adhoc: ams-OSRAM AG: ams OSRAM outlines path to leadership in optical solutions to drive significant value generation and achieve 20+% adj. EBIT margin target, adding mid-term financial targets …

EQS-Ad-hoc: ams-OSRAM AG / Key word(s): Strategic Company Decision
ams-OSRAM AG: ams OSRAM outlines path to leadership in optical solutions
to drive significant value generation and achieve 20+% adj. EBIT margin
target, adding mid-term financial targets …

05-Apr-2022 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss
Exchange
–––––––––––––-

ams OSRAM outlines path to leadership in optical solutions to drive
significant value generation and achieve 20+% adj. EBIT margin target,
adding mid-term financial targets, at virtual CMD

– ams OSRAM presents its strategy to become the leader in optical
solutions and key drivers to create sustained long-term value, confirming
its targeted financial objectives after one year of operational control of
OSRAM

– Insights into the business to demonstrate the group’s strong technology
portfolio contributing to important megatrends, offering a robust outlook
across diverse revenue growth vectors

– Targeted financial model, geared to the combined business, with
underlying value drivers to underpin its strategic goals

– Adds mid-term financial targets for the fully re-aligned portfolio of
EUR 4.9 billion +/- EUR 300 million revenues and 15% or better adjusted
EBIT margin in 2024 and additional investment in significant new 8″ LED
front-end capacity to support advanced LED technologies and microLED of up
to approx. EUR 800 million; announces target to be Carbon Neutral by 2030

Premstätten, Austria and Munich, Germany (5 April 2022) – ams OSRAM (SIX:
AMS), a global leader in optical solutions, today provides investors with
an update on its strategy, business outlook and path to become the leader
in optical solutions at its Capital Markets Day („CMD“). The CMD will
showcase the opportunities for ams OSRAM which has been on a successful
integration path since ams OSRAM gained operational control of OSRAM in
March 2021.

„We are very excited to walk investors and stakeholders through our
achievements so far and share our enthusiasm for the group’s future at
today’s CMD,“ said Alexander Everke, CEO of ams OSRAM. „We strongly
believe we have a compelling strategy, anchored by major technologies,
that will drive the demand for optical solutions in markets in which we
are active and holding leading positions. We command a unique, winning and
focused optical solutions portfolio offering innovative solutions to our
customers. This is underpinned by the diversity of our revenue growth
vectors in our Semiconductors business, across the Automotive, Consumer,
Industrial and Medical end markets. The confluence of these factors will
create the foundations of sustainable and responsible success.“

The CMD will be presented by the entire Management Board of ams OSRAM,
together with key senior members of the broader management team. The CMD
will provide investors and other stakeholders with a detailed
understanding of how the journey of ams OSRAM is evolving, the outlook for
the enlarged business and the key drivers thereof. In particular, the CMD
will focus on the following:

– Presenting how the group’s business and integration have evolved since
March 2021;

– Confirming the group’s targeted financial model, providing more
underpinning regarding the key drivers of the long-term target model of
double-digit average annual revenue growth and 20+% adjusted EBIT margin

– Introducing 2024 mid-term targets of EUR 4.9 billion +/- EUR 300 million
revenues and adjusted EBIT margin of 15% or better, on the basis of the
re-aligned portfolio;

– Detailing the key drivers, across growth vectors, in the group’s
portfolio serving the major market trends of Digitization, Smart Living,
and Energy Efficiency & Sustainability;

– Showcasing the group’s strong technology position in key growth
applications including advanced dynamic automotive lighting, microLED
display technology, optical solutions for AR/VR, automotive sensing, and
horticulture LED lighting, among others;

– Presenting the group’s future industrial footprint: Next to a range of
footprint consolidation steps, ams OSRAM will build a new 8″ LED front-end
facility alongside its existing LED fab in Kulim, Malaysia, adding
significant capacity to support expected growth in advanced LED
technologies and MicroLED. The new facility investment is expected to
amount to up to approx. EUR 800 million over the next 18-24 months.

ams OSRAM has already made significant progress since March 2021 with a
range of key milestones achieved, demonstrating the commitment to become
the leader in optical solutions. The combined ams OSRAM is driven by its
employees‘ collective vision to achieve its strategy in a global one team
approach. This has already translated into a solid financial performance
despite end market and supply chain headwinds over the last 12 months. At
the same time, ams OSRAM is progressing well in divesting non-core
businesses through the sale of the majority of the former OSRAM Digital
business, which is expected to be completed by year-end 2022, and the
completed unwinding of the former OSRAM-Continental joint venture. As part
of the definition of the group’s ESG strategy, ams OSRAM today publishes
first key targets: to be Carbon Neutral by 2030 and to have 25% of
leadership positions held by women in 2026.

The CMD will demonstrate that the combined ams OSRAM group is able to
deliver in excess of a standalone situation, also by strengthening the
realisation and execution of key growth opportunities. This joint platform
is further reinforced by the enhanced synergy and savings potential where
initial estimates have been increased. The combination of these factors,
alongside other key topics discussed in the CMD, will enable ams OSRAM to
create an optical solutions champion with a focus on significant long-term
value generation.

Webcast Details
The link to access the CMD livestream will be available at
[1] https://ams-osram.com/cmd. The event will start at 1pm CEST and end
around 5pm CEST.

###

About ams OSRAM

The ams OSRAM Group (SIX: AMS) is a global leader in optical solutions. By
adding intelligence to light and passion to innovation, we enrich people’s
lives. This is what we mean by Sensing is Life.

With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the consumer, automotive,
healthcare and industrial sectors maintain their competitive edge and
drive innovation that meaningfully improves the quality of life in terms
of health, safety and convenience, while reducing impact on the
environment.

Our around 24,000 employees worldwide focus on innovation across sensing,
illumination and visualization to make journeys safer, medical diagnosis
more accurate and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and applied. Headquartered in
Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
the group achieved over EUR 5 billion revenues in 2021 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
Find out more about us on [2] https://ams-osram.com

ams is a registered trademark of ams-OSRAM AG. In addition many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.

Join ams OSRAM social media channels: [3]>Twitter [4]>LinkedIn
[5]>Facebook [6]>YouTube

══════════════════════════════════════════════════════════════════════════

05-Apr-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

══════════════════════════════════════════════════════════════════════════

Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange
(Third Market (MTF))
EQS News ID: 1319943

 
End of Announcement EQS News Service

1319943  05-Apr-2022 CET/CEST

References

Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f0d7af2ef1880de783515fc7f71a2781&application_id=1319943&site_id=apa_ots_austria&application_name=news
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8292dd00d17478c63e156302a1a5ac6c&application_id=1319943&site_id=apa_ots_austria&application_name=news
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=abc52aadd1b09e752093ca366793ed46&application_id=1319943&site_id=apa_ots_austria&application_name=news
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2e38dcb34f79060ddc9490cdb693d91b&application_id=1319943&site_id=apa_ots_austria&application_name=news
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fee19590191b3da17836d1a1e69e8177&application_id=1319943&site_id=apa_ots_austria&application_name=news
6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=928a9cd78ac8af8e0181c5f67885e5fb&application_id=1319943&site_id=apa_ots_austria&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender