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Sensor maker ams OSRAM sees Q1 sales hit from muted automotive demand


Sensor maker ams OSRAM sees Q1 sales hit from muted automotive demand

(Reuters) - Austrian sensor maker ams OSRAM on Tuesday forecast first quarter revenue below or in line with last year's number, citing muted demand for its automotive semiconductors.

The company sees revenue of 750 million to 850 million euros ($773 million to $876 million) in the first three months of 2025, compared with 847 million euros in the same period last year.

Analysts polled by Vara Research had forecast sales of 782.5 million euros for the quarter.

($1 = 0.9704 euros)

(Reporting by Nathan Vifflin and Ozan Ergenay in Gdansk; Editing by Milla Nissi)

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