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ams-OSRAM Reports Strong Q3 Performance and Strategic Progress

Story Highlights
  • ams-OSRAM AG achieved strong free cash flow and 9% growth in its semiconductor business.
  • The company is advancing its debt reduction plan and investing in new technologies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ams-OSRAM Reports Strong Q3 Performance and Strategic Progress

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The latest update is out from ams-OSRAM ( (CH:AMS) ).

ams-OSRAM AG reported a strong free cash flow of 43 million EUR in the third quarter, with a 9% growth in its semiconductor core business, indicating the success of its strategic direction. The company is on track with its debt reduction plan and continues to invest in advanced technology platforms, which could enhance its market position and provide significant benefits to stakeholders.

The most recent analyst rating on (CH:AMS) stock is a Hold with a CHF10.50 price target. To see the full list of analyst forecasts on ams-OSRAM stock, see the CH:AMS Stock Forecast page.

More about ams-OSRAM

ams-OSRAM AG operates in the semiconductor industry, focusing on innovative technologies such as infrared LED and laser technologies, and optical sensor technologies. The company is known for its semiconductor core business and is actively investing in differentiating technology platforms to maintain its market position.

Average Trading Volume: 385,674

Technical Sentiment Signal: Sell

Current Market Cap: CHF1.01B

For detailed information about AMS stock, go to TipRanks’ Stock Analysis page.

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