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.
...
Read the full article on Seeking Alpha
For further details see:
ams-OSRAM AG: Debt Remains A Problem, Despite Potential For Future Growth