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home / news releases / AMSSY - ams-OSRAM AG: Debt Remains A Problem Despite Potential For Future Growth

AMSSY - ams-OSRAM AG: Debt Remains A Problem Despite Potential For Future Growth

Ams Ag Adr

2024-02-15 05:11:23 ET

Summary

  • Shares of ams-OSRAM AG have dropped dramatically since the takeover, with two capital increases resulting in significant dilution.
  • The company has improved its balance sheet but still has a net debt of almost €1.7 billion, with interest expenses set to rise dramatically.
  • The new leadership team aims to refocus the company on high-tech semiconductors and automotive lamps, but the success of the turnaround is uncertain.

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For further details see:

ams-OSRAM AG: Debt Remains A Problem, Despite Potential For Future Growth
Stock Information
Company Name: Ams Ag Adr
Stock Symbol: AMSSY
Market: OTC
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