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    AMS   AT0000A18XM4


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: ams AG / ams announces contract extension for CEO Alexander Everke as well as candidates Brigitte Ederer and Dr Margarete Haase for election to the enlarged Supervisory Board

04/23/2021 | 02:06pm EDT
  Disclosed inside information pursuant to article 17 Market Abuse Regulation 
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. 
  The issuer is responsible for the content of this announcement. 
Premstaetten - Premstaetten, Austria (23 April 2021) -- ams (SIX: AMS), a 
leading worldwide supplier of high performance sensor solutions, announces that 
the Supervisory Board of ams has extended the contract of CEO Alexander Everke 
for a further three years. The Supervisory Board would like to thank Alexander 
Everke for the very successful strategic evolution of ams and is convinced that 
he will successfully drive the group's optical solutions strategy over the 
coming years. 
Additionally, the Supervisory Board of ams has nominated Brigitte Ederer and Dr 
Margarete Haase as candidates for election to the enlarged Supervisory Board in 
the upcoming Annual General Meeting. 
Brigitte Ederer is distinguished by her extensive experience and senior 
executive positions at major international corporates including CEO of Siemens 
AG Austria, Management Board member of Siemens AG as well as years of service on 
different Supervisory Boards. Dr Margarete Haase equally brings wide-ranging 
business experience from CFO positions at major German industrial corporates and 
her tenure as Supervisory Board member of OSRAM Licht AG (OSRAM) and head of the 
audit committee at OSRAM. The expansion of the Supervisory Board of ams reflects 
a broader spectrum of duties and responsibilities related to the combined group 
and was additionally envisaged in the Business Combination Agreement between ams 
and OSRAM. 
About ams Group 
The ams Group, including the listed companies ams AG as parent company and OSRAM 
Licht AG, is a global leader in optical solutions. By adding intelligence to 
light and passion to innovation, we enrich people's lives. This is what we mean 
by Sensing is Life. 
With over 110 years of combined history, our core is defined by imagination, 
deep engineering expertise and the ability to provide global industrial capacity 
in sensor and light technologies. We create exciting innovations that enable our 
customers in the consumer, automotive, healthcare and industrial sectors 
maintain their competitive edge and drive innovation that meaningfully improves 
the quality of life in terms of health, safety and convenience, while reducing 
impact on the environment. 
Our around 30,000 employees worldwide focus on innovation across sensing, 
illumination and visualization to make journeys safer, medical diagnosis more 
accurate and daily moments in communication a richer experience. Our work 
creates technology for breakthrough applications, which is reflected in over 
15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) 
with a co-headquarter in Munich (Germany), the group achieved well over USD 5 
billion combined revenues in 2020 (pro-forma). ams AG is a listed company on the 
SIX Swiss Exchange (ISIN: AT0000A18XM4). OSRAM Licht AG remains a listed company 
on the XETRA market in Germany (ISIN: DE000LED4000). More at https://ams- 
ams is a registered trademark of ams AG. In addition many of our products and 
services are registered or filed trademarks of ams Group. All other company or 
product names mentioned herein may be trademarks or registered trademarks of 
their respective owners. Information provided in this press release is accurate 
at time of publication and is subject to change without advance notice. 
Join ams social media channels: >Twitter [https://twitter.com/amsAnalog] 
>LinkedIn [https://www.linkedin.com/company/ams-ag] >Facebook [https:// 
www.facebook.com/amsAnalog] >YouTube [https://www.youtube.com/user/amsAnalog] 
Join OSRAM social media channels: >Twitter [https://twitter.com/Osramcom] 
>LinkedIn [https://www.linkedin.com/company/osram] >Facebook [https:// 
www.facebook.com/osram/] >YouTube [https://www.youtube.com/user/osram] 
Please note: The ams brand is owned by ams AG, the OSRAM brand is owned by OSRAM 
GmbH. ams group and OSRAM group are in the process of integration. The 
combination of the ams and OSRAM brand is not representing a new brand. This is 
a visual symbol of the two companies coming together, representing the 
aspiration of our future joined group. 
Further inquiry note: 
Moritz M. Gmeiner 
Vice President Investor Relations 
Tel: +43 3136 500-0 
Fax: +43 3136 500-931211 
Email: investor@ams.com 
end of announcement                         euro adhoc 

(END) Dow Jones Newswires

April 23, 2021 14:05 ET (18:05 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
AMS AG -0.83% 17.33 Delayed Quote.-10.49%
COMBINED GROUP CONTRACTING COMPANY - K.S.C. (PUBLIC) -0.59% 0.339 End-of-day quote.68.66%
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.63%
FACEBOOK INC -0.56% 356.3 Delayed Quote.30.44%
OSRAM LICHT AG 0.57% 53.3 End-of-day quote.2.42%
SIEMENS AG -1.20% 131.58 Delayed Quote.11.96%
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Sales 2021 5 189 M 6 158 M 6 158 M
Net income 2021 -10,2 M -12,2 M -12,2 M
Net Debt 2021 1 703 M 2 021 M 2 021 M
P/E ratio 2021 -34,8x
Yield 2021 -
Capitalization 4 201 M 4 985 M 4 985 M
EV / Sales 2021 1,14x
EV / Sales 2022 1,07x
Nbr of Employees 29 753
Free-Float 95,0%
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Technical analysis trends AMS AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 16,12 €
Average target price 20,64 €
Spread / Average Target 28,1%
EPS Revisions
Managers and Directors
Alexander Friedrich Everke Chief Executive Officer
Ingo Bank Chief Financial Officer
Hans Jörg Kaltenbrunner Chairman-Supervisory Board
Thomas Stockmeier Chief Technology Officer
Michael Grimm Vice Chairman-Supervisory Board
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