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Ams AG (AMS.S)

AMS.S on Swiss Exchange

89.10CHF
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

AMS Appoints Mark Hamersma As Chief Business Development Officer
Friday, 15 Dec 2017 12:00pm EST 

Dec 15 (Reuters) - AMS AG ::EXPANDS MANAGEMENT BOARD WITH MARK HAMERSMA AS CHIEF BUSINESS DEVELOPMENT OFFICER.MARK HAMERSMA WILL JOIN MANAGEMENT BOARD AS CHIEF BUSINESS DEVELOPMENT OFFICER (CBO) AS OF 1 JANUARY 2018.  Full Article

Ams sells LED backlight technology and product portfolio to Dialog Semiconductor​
Wednesday, 15 Nov 2017 02:00am EST 

Nov 15 (Reuters) - AMS AG ::‍DIVESTS LED BACKLIGHT TECHNOLOGY AND PRODUCT PORTFOLIO TO DIALOG SEMICONDUCTOR <<>>​.‍AS PART OF TRANSACTION, DIALOG HAS ALSO ACQUIRED SPECIFIC AMS INTELLECTUAL PROPERTY RIGHTS​.‍TRANSACTION IS NOW CLOSED, WITH COMMERCIAL TERMS OF DEAL UNDISCLOSED​.‍RELATED REVENUES ARE NOT MATERIAL TO AMS' BUSINESS​.  Full Article

AMS ‍announces new share repurchase program
Wednesday, 8 Nov 2017 01:00am EST 

Nov 8 (Reuters) - AMS AG ::‍ANNOUNCES NEW SHARE REPURCHASE PROGRAM FOR UP TO TWO YEAR PERIOD TO START ON 10 NOVEMBER 2017​.‍HAS DECIDED TO LAUNCH A FURTHER SHARE REPURCHASE PROGRAM FOR UP TO 8.0% OF ISSUED SHARE CAPITAL​.‍REPURCHASE PROGRAM WILL COMMENCE ON 10 NOVEMBER 2017 AND WILL BE UPHELD UNTIL 8 NOVEMBER 2019 AT LATEST​.  Full Article

Ams and Sunny Opotech enter collaboration​
Tuesday, 7 Nov 2017 11:45am EST 

Nov 7 (Reuters) - AMS AG ::‍AMS AND SUNNY OPOTECH, PART OF SUNNY OPTICAL TECHNOLOGY GROUP, ENTER COLLABORATION​.‍COLLABORATION TO DEVELOP AND MARKET 3D SENSING CAMERA SOLUTIONS FOR MOBILE DEVICE AND AUTOMOTIVE APPLICATIONS​.  Full Article

AMS sees strong performance in Q4 and in 2018 - conf call
Tuesday, 24 Oct 2017 05:27am EDT 

Oct 24 (Reuters) - AMS ::RE TRUE COLOR SENSOR, SEES A LOT OF TRACTION IN KOREAN AND CHINESE MARKET - CONFERENCE CALL.SEES STRONG PERFORMANCE IN Q4 AND IN 2018 nW8N1MZ001.FY 2017 EXPECTED AS A PEAK YEAR IN CAPEX FOR AMS nW8N1MZ000.  Full Article

Ams Q3 group revenues up at EUR 262.6 mln
Monday, 23 Oct 2017 12:00pm EDT 

Oct 23 (Reuters) - AMS AG ::‍REPORTS SIGNIFICANT Q3 REVENUE GROWTH IN EXPECTED RANGE WITH ADJUSTED EBIT MARGIN ABOVE EXPECTATIONS​.‍NEW INDEPENDENT SOFTWARE SERVICES COMPANY TO ACCELERATE SOFTWARE DEVELOPMENT FOR AMS SENSOR SOLUTIONS​.‍Q3 GROUP REVENUES WERE EUR 262.6 MILLION, UP 79% FROM EUR 146.7 MILLION IN SAME QUARTER 2016​.‍ON A CONSTANT CURRENCY BASIS, Q3 REVENUES WERE 87% HIGHER COMPARED TO Q3 LAST YEAR​.SEES ‍Q4 REVENUES OF EUR 440-480 MILLION, TOGETHER WITH AN ADJUSTED EBIT MARGIN OF 26-29%​.‍Q3 ADJUSTED EBIT WAS EUR 34.8 MILLION, INCREASING FROM EUR 28.0 MILLION IN SAME PERIOD 2016​.‍NET RESULT FOR Q3 WAS EUR 20.2 MILLION COMPARED TO EUR 55.9 MILLION IN SAME PERIOD LAST YEAR​.‍HAS INITIATED FORMATION INDEPENDENT SOFTWARE SERVICES AND LICENSING COMPANY.‍STARTING FROM LOCATIONS IN EUROPE, COMPANY PLANS TO OPEN ADDITIONAL LOCATIONS IN US AND ASIA IN 2018​.‍HAS AGREED TO ACQUIRE A 30% SHAREHOLDING IN COMPANY IN Q1 OF 2018 AT A PRE- AGREED VALUATION​.‍REITERATES REVENUE GROWTH EXPECTATION OF MORE THAN 40% COMPOUND ANNUAL GROWTH RATE (CAGR) FOR PERIOD 2016-2019.‍REITERATES ITS ADJUSTED EBIT MARGIN TARGET OF 30% FROM 2019 ONWARDS ​.  Full Article

Ams successfully places $350 mln 5-year convertible bonds​
Monday, 25 Sep 2017 11:32am EDT 

Sept 25 (Reuters) - AMS AG :‍ANNOUNCES SUCCESSFUL PLACEMENT OF USD 350 MILLION 5-YEAR CONVERTIBLE BONDS​.‍BONDS WERE DETERMINED TO BEAR A COUPON OF 0.875% PER ANNUM​.‍INITIAL CONVERSION PRICE OF USD 106.91​.  Full Article

ams announces exclusion of subscription rights, convertible bond placement possible
Wednesday, 6 Sep 2017 12:05pm EDT 

Sept 6 (Reuters) - AMS AG ::MANAGEMENT BOARD RESOLVED TO EXCLUDE SUBSCRIPTION RIGHTS IN VIEW OF A POTENTIAL PRIVATE PLACEMENT OF SENIOR UNSECURED CONVERTIBLE BONDS​.‍BONDS SHALL BE CONVERTIBLE INTO NEW ORDINARY SHARES FROM COMPANY'S CONDITIONAL CAPITAL EQUAL TO UP TO 4.1% OF SHARE CAPITAL​.  Full Article

AMS expects sales from 'major customer' to grow above 30pct of total sales
Tuesday, 25 Jul 2017 05:09am EDT 

July 25 (Reuters) - Ams Ag :AMS CFO says sees major customer growing in revenue for the company, too early to say, definitely above 30 percent.AMS CFO says sees higher gross margins in non consumer business, but higher operating expenses.AMS CFO says sees lower margins in consumer business, but also lower operating expenses.AMS CEO says both consumer and non consumer margins should lead to 30 percent plus operating margin targetted.AMS CEO says we are fully on track in our ramp up, comfortable with dealing with customer demand.AMS CEO says potentially we could go up to $10 per mobile phone 3d sensing content for higher mobile phone models.AMS CFO says expects research and development costs to rise in absolute terms, lower in relative terms; eventually to lower than 16 to 18 percent of sales.AMS CFO says we see additional ramp ups in production in 2018, we see payback from investments in less than 3 years.  Full Article

AMS Q2 revenues at EUR 181.5 million
Monday, 24 Jul 2017 12:00pm EDT 

July 24 (Reuters) - AMS AG ::‍REPORTS Q2 AND FIRST HALF 2017 RESULTS WITH REVENUES ABOVE PREVIOUS GUIDANCE RANGE DESPITE A NEGATIVE EUR/USD TREND​.‍INCREASES ITS REVENUE GROWTH TARGET FOR 2016-2019 TO MORE THAN 40% COMPOUND ANNUAL GROWTH RATE (CAGR) AND CONFIRMS ITS ADJUSTED EBIT MARGIN TARGET OF 30% FROM 2019 ONWARDS​.‍EXPECTS STRONG QUARTER-ON-QUARTER GROWTH WITH Q3 REVENUES OF EUR 260-290 MILLION ​.‍EXPECTS A RECORD SECOND HALF 2017 INCLUDING SUBSTANTIAL SEQUENTIAL REVENUE GROWTH FOR Q4 AT AN EXPECTED GROWTH RATE COMPARABLE TO EXPECTED GROWTH RATE FROM Q2 TO Q3, BASED ON CURRENTLY AVAILABLE INFORMATION​.‍Q2 GROUP REVENUES WERE EUR 181.5 MILLION, UP 22% SEQUENTIALLY COMPARED TO Q1 AND UP 37% FROM EUR 132.4 MILLION IN SAME QUARTER 2016​.‍ADJUSTED RESULT FROM OPERATIONS (EBIT) (EXCLUDING ACQUISITION-RELATED AND SHARE-BASED COMPENSATION COSTS) FOR Q2 WAS EUR 1.3 MILLION OR 1% OF REVENUES IN LINE WITH PREVIOUS EXPECTATIONS​.‍NET RESULT FOR Q2 WAS A LOSS OF EUR 17.8 MILLION COMPARED TO A PROFIT OF EUR 19.6 MILLION IN SAME PERIOD LAST YEAR​.PLANS TO BUILD A VCSEL MANUFACTURING LINE IN SINGAPORE IN TWO STAGES AT A TOTAL EXPENSE OF AROUND EUR 100 MILLION OVER A PERIOD OF APPROXIMATELY 24 MONTHS​.  Full Article

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European shares slip in cyclical-defensive tug of war

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