Solid Q3 Revenue Performance
Q3 group revenues increased quarter-over-quarter by 8% to EUR 881 million, reaching the midpoint of the guided range, despite challenges in the automotive and industrial sectors.
Strong Adjusted EBITDA Growth
Adjusted EBITDA reached 19% or EUR 166 million, a 23% increase compared to the previous quarter, benefiting from higher revenues and savings from the Re-establish the Base program.
Significant Free Cash Flow Generation
The company delivered a strong free cash flow of EUR 188 million, supported by customer prepayments, NREs, and operational performance.
Successful Cost Savings Program
The Re-establish the Base program realized EUR 85 million in structural run rate savings, ahead of the plan.
Promising Design-Win Momentum
Year-to-date, the company recorded EUR 3.5 billion in design-win lifetime value, indicating strong customer trust and growth potential.