Ams Osram Ag Unsp/Adr (AMSSY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Adept Investor conference call and live webcast on fourth quarter and full year 2025 results. I'm Sergen, the chorus 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 one on your telephone. 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 introduce Jürgen Rehwil, Head of Investor Relations. Please go ahead. Hello, good afternoon. This is Jürgen speaking. Welcome to today's call on our fourth quarter and full fiscal 25 results for credit investors. Rainer, our CFO, will walk you through the Q4 earnings call presentation that you can find on our website as well. Rainer, the stage is yours. Thank you, Jürgen, and good afternoon, everyone from my side. Let's start on slide three. 25 was another year of disciplined execution. We built a stable foundation for further expansion as a leader in digital photonics. Our core CME portfolio grew 7% year-on-year, underlining the strength of our focus positioning. And importantly, for the first time ever, AMS Awesome holds the number one position in the global LED market. a significant strategic milestone. Design wind traction remained excellent with more than €5 billion in new lifetime value added to the pipeline. Profitability improved again, adjusted EBITDA margin up 1.5 percentage points year-on-year, driven by accelerated execution of the re-establishment base program, despite significant cost headwinds one year ahead of plan. We also delivered €144 million free cash flow, including interest paid....