AMS Osram - comment

Our key takeaway from AMS Osram’s statement is the reaffirmation of its asset disposal strategy and, notably, the absence of any revision to the guidance provided in April 2025, which indicated that divestment proceeds are expected to exceed €500m.

In response to recent press speculation, AMS Osram confirmed that it is engaged in advanced discussions regarding the potential sale of certain businesses as part of its deleveraging plan. As expected, the statement includes standard cautionary language and does not assure as to the timing or completion of these transactions.