Report
Stephane Houri

AMS AG : Nothing serious, but not a release that answers questions

>Fall in the share price despite the Q4 beat - Even though the group reported Q4 202 results (ams+OSRAM) that clearly beat expectations, the share fell 7% due to: 1/ guidance that was a bit disappointing in view of the Apple momentum; and 2/ the delay in the implementation of the domination agreement (DPLTA - domination and profit and loss transfer agreement) due to legal action, which raises fears that the restructuring at OSRAM might be delayed. In addition, even th...
Underlying
Ams AG

AMS provides advanced sensor and analog solutions for high value and emerging markets. Co.'s markets include Consumer and Communications and Industrial, Medical, Automotive. Co. delivers a broad range of innovative technology solutions for consumer electronics and communication device manufacturers including intelligent light sensors, MEMS microphone ICs, NFC solutions, active noise-cancelling ICs and ultra-low power management solutions. Co. offers customized, application-specific integrated circuits and standard solutions for a broad range of industrial applications including automation and control, position sensors, building automation, security and high-resolution seismic analysis.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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