ams confirms expectations for first quarter inclusive of assessment of Covid-19 situation

Premstaetten, Austria (6 March 2020) -- ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, confirms its expectations for the first quarter 2020. Over the last weeks, ams has continuously assessed the Covid-19 situation in relation to ams’ business which has not resulted in a change to previously stated expectations for the first quarter. ams therefore confirms financial expectations for the first quarter 2020 with revenues of USD 480-520 million and an expected adjusted operating (EBIT) margin of 19-21%.

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About ams

ams is a global leader in the design and manufacture of advanced sensor solutions. Our mission is to shape the world with sensor solutions by providing a seamless interface between humans and technology.

ams’ high-performance sensor solutions drive applications requiring small form factor, low power, highest sensitivity and multi-sensor integration. Products include sensor solutions, sensor ICs, interfaces and related software for consumer, communications, industrial, medical, and automotive markets.

With headquarters in Austria, ams employs about 9,000 people globally and serves more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at https://ams.com

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