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Ams AG (AMS.S)

AMS.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Ams sells LED backlight technology and product portfolio to Dialog Semiconductor​
Wednesday, 15 Nov 2017 

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 

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 

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 

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 

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 launches $350 mln 5-year convertible bond placement​
Monday, 25 Sep 2017 

Sept 25 (Reuters) - AMS AG ::‍LAUNCHES USD 350 MILLION 5-YEAR CONVERTIBLE BOND PLACEMENT​.‍BONDS WILL HAVE A MATURITY OF 5 YEARS AND WILL BE ISSUED AND REDEEMED AT 100% OF THEIR PRINCIPAL AMOUNT​.‍BONDS WILL BE OFFERED WITH A COUPON BETWEEN 0.625% AND 1.125% PER ANNUM​.‍PRICING IS EXPECTED TO TAKE PLACE LATER TODAY FOLLOWING AN ACCELERATED BOOKBUILDING PROCESS WITH SETTLEMENT ON OR AROUND 28 SEPTEMBER 2017​.‍SUBSCRIPTION RIGHTS OF EXISTING SHAREHOLDERS OF AMS TO SUBSCRIBE TO BONDS HAVE BEEN EXCLUDED​.  Full Article

AMS Divests NFC and RFID reader product lines
Friday, 29 Jul 2016 

AMS AG : Divests NFC and RFID reader product lines to increase focus on sensor solutions retaining sensing-related wireless activities . To divest NFC and RFID reader IP, technologies and product lines to stmicroelectronics for an up-front cash consideration of $79.3 million plus a substantial deferred earn-out consideration contingent on future results of up to $37 million .Divests NFC and RFID reader product lines to increase focus on sensor solutions retaining sensing-related wireless activities.  Full Article

Ams sees gross margin development more or less as expected - conf call
Tuesday, 26 Jul 2016 

Ams AG : Doesn't see big difference in Q2, Q3 regarding demand - conference call . Confirms 2019 1 billion euros ($1.10 billion)organic revenue goal . Regarding China sees same uncertainity, doesn't see big change compared to Q1 . Sees gross margin development more or less as expected Further company coverage: [AMS.S] ($1 = 0.9087 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;)).  Full Article

Ams Q2 net result down at 19.6 mln euros
Monday, 25 Jul 2016 

Ams AG : Q2 2016 revenues in upper half of its guidance range which reflects demanding market environment . Q2 group revenues were 132.4 million euros ($145.36 million), down 4 pct sequentially compared to Q1 and decreasing 22 pct from 169.5 million euros in same quarter 2015 . For Q3 2016, ams expects sequential revenue growth to 146-153 million euros at an improved operating margin compared to Q2 . Net result for Q2 was 19.6 million euros compared to 41.8 million euros in same period last year . Total capital expenditures for 2016 are now expected above 80 million euros to support these capacity needs . Adjusted result from operations (EBIT) (excluding acquisition-related and share-based compensation costs) for Q2 was 24.4 million euros, decreasing from 49.0 million euros in same period 2015 . Total backlog on June 30 (excluding consignment stock agreements) was 146.6 million euros compared to 126.2 million euros at end of Q1 and 133.3 million euros on June 30, 2015 . Adjusted operating margin for Q3 (excluding acquisition-based and share-based compensation costs) is expected to show a sequential improvement to around 18-20 pct.  Full Article

Ams issues promissory note for EUR 175.5 mln
Monday, 11 Jul 2016 

Ams AG :Ams issues promissory note for 175.5 million euros ($193.75 million)in an international placement.  Full Article

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