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Premstätten (dpa) - The Austrian sensor manufacturer and Osram majority shareholder AMS made a robust start to 2021.
Sales in the seasonally mostly weaker first quarter were below those of the previous quarter, but demand in the end markets was good, AMS announced on Tuesday in Premstätten in Styria.
The turnover of the group, including the Munich lighting company Osram, was after three months at 1.55 billion US dollars (around 1.3 billion euros) and thus in line with the analysts' expectations.
Due to the Osram acquisition, comparable previous year's figures are not available, it said.
Compared to the strong previous quarter, revenues fell by 9 percent.
The bottom line was an adjusted net income of $ 89 million, but an unadjusted loss of $ 2 million.
In the consumer business, AMS supplies smartphone manufacturers such as Apple with solutions.
There was also strong demand from the automotive industry.
The AMS shares are traded on the Swiss stock exchange in Zurich.
In future, the combined company will be called AMS Osram.
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© dpa-infocom, dpa: 210504-99-458830 / 2