April 29, 2020 / 5:20 AM / a month ago

BRIEF-Ams Sees Q2 Revenues Of $440-480 Mln

April 29 (Reuters) - ams AG:

* LIMITED IMPACT FROM COVID-19 EXPECTED IN Q2 WITH EXPECTED REVENUES OF USD 440-480 MILLION AND ADJUSTED OPERATING (EBIT) MARGIN OF 17-20%

* Q1 GROUP REVENUES WERE USD 501.2 MILLION, ABOVE MID-POINT OF EXPECTATION RANGE

* OSRAM ACQUISITION ON TRACK SUPPORTED BY SUCCESSFUL EQUITY RAISE; ANNUAL REPORT 2019 PUBLISHED

* EBIT) FOR Q1 WAS USD 101.0 MILLION OR 20% OF REVENUES

* ADJUSTED NET RESULT FOR Q1 WAS USD -17.0 MILLION (EXCLUDING VALUATION EFFECT OF OPTION ELEMENT OF FOREIGN CURRENCY CONVERTIBLE BOND) Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below