AMS Osram Show Solid Q3 Revenues, Operating Profit

AMS Osram have reported their third-quarter group financial results: revenues of €1.21bn and adjusted EBIT margin of 7.5 per cent show quarter-on-quarter revenue growth matching expectations in context of an unfavorable market environment. Development and industrialisation programs for leading smallest-structure microLED technology are advancing in accord with plans. Mid-term targets have been updated to €4.7bn.…

To access this post, you must register DVN Lighting Gold Membership.

Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.