Ams OSRAM Achieves Cost Savings, Expects Further Positive Financials in 2025

ams OSRAM AG reported positive financial progress in 2024, highlighting cost reductions and improved revenues. The company achieved EUR 12 million in positive free cash flow in the fiscal year 2024, recovering from a deficit of EUR 332 million in 2023. Revenues for Q4 2024 reached EUR 882 million, marking a 17% adjusted EBITDA margin, outperforming previous expectations. The company anticipates further improvements, projecting free cash flow to exceed EUR 100 million in 2025.

In FY24, ams OSRAM's revenue stood at EUR 3.43 billion, experiencing a slight overall decline compared to 2023, primarily due to portfolio adjustments. However, its core semiconductor business noted a 7% year-over-year growth. The 'Re-establish the Base' program contributed significantly, delivering EUR 110 million in savings. Looking forward, the company expects moderate revenue increases and enhanced profitability due to continued strategic efficiency efforts.