EANS-Adhoc

ams AG / ams reports second quarter revenues above guidance range despite negative EUR/USD trend; revised expected revenue growth CAGR 2016-2019 of more than 40%, EBIT margin target confirmed; - Seite 3

the first quarter and EUR 146.6 million on June 30, 2016, today's total backlog
exceeds EUR 275 million.

ams' business showed a strong performance in the second quarter and first half
of 2017 as all end markets contributed meaningfully to ams' second quarter
results. Despite the negative EUR/USD exchange rate trend in the second half of
the quarter the company's second quarter results demonstrate the attractive
demand environment for ams' sensor solutions resulting in group revenues above
the top end of the company's guidance range.

ams' consumer and communications business performed well in the second quarter
driven by high run rates for existing products, a new platform launch by a major
smartphone OEM and positive effects from a display management ramp for another
Asian smartphone OEM. Light sensor solutions were again the most important
product segment in ams' consumer business in the second quarter. ams' latest
display management products are gaining importance in its optical sensing
portfolio which is expanding from color/RGB ambient light sensing, proximity
sensing and multi-function modules into 3D sensing and advanced spectral
sensing. These cutting-edge technologies are seeing increasing market interest
as OEMs explore new sensing possibilities for future devices. ams' multi-year
product and development pipeline which also covers audio and environmental
sensing mirrors these trends. ams' Heptagon business recorded the expected
flattish revenue development in the second quarter compared to the first quarter
while ams' audio business showed a good performance in the first half of the
year. In the quarter, ams won a prestigious industry award for its innovative
ACI interface allowing power and high speed data transmission over the
microphone line in 3.5mm or USB-C audio designs.

ams' industrial, medical, and automotive businesses recorded very attractive
results in the second quarter and first half 2017. End-market demand in these
non-consumer areas continues to be solid as ams enters the second half of the
year. ams' industrial business had a successful second quarter with ams'
industrial imaging and machine vision product lines showing noticeable strength.
ams is a key supplier to industrial OEMs worldwide for an expanding range of
industrial sensing solutions. The company's low-power low-latency Simblee
Bluetooth offering is seeing increasing customer interest for emerging
Industrial IoT applications. Here ams can offer an integrated solution
capability to create high performance connected sensing systems. In ams' medical
business, digital imaging sensor solutions for computed tomography (CT), digital