Full Year 2024 ams-OSRAM AG Earnings Call Transcript

Feb 11, 2025 / 08:45AM GMT

Release Date Price: $4.11 (+14.17%)

Transcript

Key Points

Positve

ams-OSRAM AG (AUKUF) achieved a positive free cash flow of EUR12 million for the fiscal year 2024, marking a significant turnaround from the previous year's negative cash flow.
The company reported a 7% revenue growth in its core semiconductor portfolio, driven by new sensor product launches.
Re-establish the Base strategic efficiency program exceeded its fiscal year 2024 targets, with EUR110 million in run rate savings implemented.
The company secured close to EUR5 billion in new business design wins in 2024, indicating strong customer demand and innovation.
ams-OSRAM AG (AUKUF) received the German Future Award for its automotive forward lighting solutions, highlighting its technology leadership.

Negative

The cancellation of the microLED cornerstone project and weaker auto demand posed significant challenges in 2024.
Reported revenues and adjusted EBITDA were down, with the EBITDA margin remaining flat at 16.8%.
The company faced a 14% year-over-year decline in its lamps business, attributed to the exit from some OEM module businesses.
Adjusted net result declined by EUR47 million year over year, impacted by higher interest costs and normalized income tax costs.
The IFRS net result remained negative at EUR785 million for 2024, despite improvements from the previous year.

Operator

Ladies and gentlemen, welcome to the conference call on the full-year and fourth-quarter 2024 results. I am Sandra, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Juergen Rebel, Head of Investor Relations. Please go ahead, sir.

Juergen Rebel

ams-OSRAM AG - Senior Vice President, Investor Relations

Good morning. We welcome you to our latest business and financial update on fourth quarter and fiscal year 2024. Our CEO, Aldo, will comment on business and strategy. Our CFO, Rainer, will focus on financials.

During the call, we are referring to the earnings call presentation on the web. First, we look at the fourth quarter. Second, we look at the full year. Please note we always provide an extensive full IR presentation on our website for further details.

Aldo, the stage is yours.

Aldo Kamper

ams-OSRAM AG - Chief Executive Officer

Thank you, Juergen. And good morning, everyone

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.