Ams Osram Ag Unsp/Adr (AMSSY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the conference call on third quarter 2025 results. I am Matilde, the course call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and 1 on your telephone. Webcast viewers may submit their questions in writing via the related field. For operator assistance, please press star and zero. 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. Good morning, everyone. This is Juergen speaking. We welcome you to today's call on third quarter results of fiscal year 2025. Aldo, our CEO, will comment on business and strategy. Rainer, our CFO, will focus on financials. We are referring to the Q3 earnings call presentation that you can find on our website. There, you'll also find further material such as the full comprehensive IR presentation. Aldo, please let us have your thoughts on Q3. Thank you, Jurgen, and good morning also from my side. Overall, I would say a good quarter. Our strategic focus is paying off. We delivered strong cash flow and significant growth in the core portfolio on a like-for-like basis. Profitability was better than the previous quarter, also supported by a one-off. Re-establish the base savings continue to be ahead of plan. And I'm now on page three, looking at the financial performance of the group. Revenues came in at 853 million euro, above the midpoint of the guidance. We saw almost double-digit percentage improvement in our semiconductor business. In the outdoor lamps aftermarket business, we had double-digit season...