EANS-Adhoc: ams AG ams confirms expectations for first quarter inclusive of assessment of Covid-19 situation
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
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The issuer is responsible for the content of this announcement.
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06.03.2020
Premstaetten - Premstaetten, Austria (6 March 2020) -- ams (SIX: AMS), a leading
worldwide supplier of high performance sensor solutions, confirms its
expectations for the first quarter 2020. Over the last weeks, ams has
continuously assessed the Covid-19 situation in relation to ams' business which
has not resulted in a change to previously stated expectations for the first
quarter. ams therefore confirms financial expectations for the first quarter
2020 with revenues of USD 480-520 million and an expected adjusted operating
(EBIT) margin of 19-21%.
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About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing
a seamless interface between humans and technology.
ams' high-performance sensor solutions drive applications requiring small form
factor, low power, highest sensitivity and multi-sensor integration. Products
include sensor solutions, sensor ICs, interfaces and related software for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs about 9,000 people globally and serves
more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock
exchange (ticker symbol: AMS). More information about ams can be found at https:
//ams.com [https://ams.com/]
Join ams social media channels:
>Twitter [https://twitter.com/amsAnalog] >LinkedIn [https://www.linkedin.com/
company/ams-ag] >Facebook [https://www.facebook.com/amsAnalog] >YouTube [https:/
/www.youtube.com/user/amsAnalog]
Important notice:
These materials and information may contain statements about ams and/or its
subsidiaries (together "ams Group") or that are or may be "forward-looking
statements". Forward-looking statements include, without limitation, statements
that typically contain words such as "anticipate", "target", "expect",
"estimate", "intend", "plan", "believe", "hope", "aims", "continue", "will",
"may", "should", "would", "could", or other words of similar meaning. By their
nature, forward-looking statements involve risks and uncertainties because they
relate to events and depend on circumstances that may or may not occur in the
future. ams cautions you that forward-looking statements are not guarantees of
the occurrence of such future events or of future performance and that in
particular the actual results of operations, financial condition and liquidity,
the development of the industry in which ams Group operates and the outcome or
impact of the acquisition and related matters on ams Group may differ materially
from those made in or suggested by the forward-looking statements contained in
these materials and information. Any forward-looking statements speak only as at
the date of these materials and information. Except as required by applicable
law, ams does not undertake any obligation to update or revise publicly any
forward-looking statement, whether as a result of new information, future events
or otherwise.
ams is a registered trademark of ams AG. In addition many of our products and
services are registered or filed trademarks of ams Group. All other company or
product names mentioned herein may be trademarks or registered trademarks of
their respective owners. Information provided in this press release is accurate
at time of publication and is subject to change without advance notice.
Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English