(Reuters) -Austrian sensor maker ams OSRAM on Tuesday forecast first quarter revenue below or in line with last year’s number due to muted demand for its automotive semiconductors, but said it saw recovery in the second half of 2025.
Uncertainties and inventory corrections over the automotive supply chain have persisted into the first quarter, while industrial and medical markets show signals that might indicate a bottom to the cycle, ams OSRAM said in a statement.
“The company expects a meaningfully stronger second half mainly due to product ramps and to some extent, market normalization,” it added, foreseeing improved profitability at moderate revenue development.
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.
It did not provide specific sales or earnings forecasts for the rest of the year.
Analysts polled by Vara Research had forecast sales of 782.5 million euros for the first quarter.
($1 = 0.9704 euros)
(Reporting by Nathan Vifflin and Ozan Ergenay in Gdansk; Editing by Milla Nissi)
