2024-07-26 16:12:08 ET
ams-OSRAM AG (AMSSY)
Q2 2024 Results Conference Call
July 26, 2024 04:00 AM ET
Company Participants
Juergen Rebel - Head of Investor Relations
Aldo Kamper - Chief Executive Officer
Rainer Irle - Chief Financial Officer
Conference Call Participants
Sébastien Sztabowicz - Kepler Cheuvreux
Janardan Menon - Jefferies
Robert Sanders - Deutsche Bank
Sandeep Deshpande - JPMorgan
Jürgen Wagner - Stifel
Presentation
Juergen Rebel
Good morning. This is Juergen speaking. I would like to welcome you to our Second Quarter 2024 Earnings Call for Investors and Analysts. With me are Aldo Kamper, CEO; and Rainer Irle, CFO. Aldo will comment on business and strategy.
Rainer will comment on financials. After our introductory remarks, we are happy to answer your questions. Aldo and Rainer will refer to the earnings call presentation that you'll find on our website. For further information, we always provide a full slide deck that you can find on the website as well.
Aldo, please share with us your thoughts on second quarter business and strategy development.
Aldo Kamper
Thank you, Juergen, and good morning to everyone from my side as well. We are happy with our solid results in the second quarter in an environment in which uncertainties are increasing. Let us take a look at Slide number 2. Q2, group revenues decreased slightly as guided quarter-over-quarter and came in at €890 million, a €28 million seasonal decline compared to the first quarter. We landed at the midpoint of our guided range....
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ams-OSRAM AG (AMSSY) Q2 2024 Earnings Call Transcript