ams AG

EANS-Adhoc: ams AG
ams expects lower revenues but better EBIT margin in the fourth quarter 2013, sees gesture recognition solution starting production in the first quarter 2014

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other/Company Information/Trading update
17.12.2013


Unterpremstaetten, Austria (17 December 2013) - ams (SIX: AMS), a leading
provider of high performance sensors and analog ICs, expects lower revenues but
better operating (EBIT) margin in the fourth quarter 2013 together with positive
momentum from new smartphone sensor applications in the first quarter 2014,
compared to previous expectations.

ams expects a reduction in fourth quarter 2013 revenues by around EUR 5 million
compared to previously expected levels while the operating (EBIT) margin for the
fourth quarter 2013 is expected to be up by more than 200 bps sequentially,
above previous expectations. The change in revenue expectations is due to recent
stocking delays in a consumer customer's supply chain and has been exacerbated
by a customer shifting pre-production for a new consumer platform from the
fourth quarter 2013 into the first quarter 2014.

At the same time, ams expects to secure significant gesture recognition business
for smartphone applications in Asia next year. Given strong customer interest,
ams sees gesture recognition products already reaching production run rates in
the first quarter 2014. As a consequence of these developments, ams expects to
have a positive start into the year 2014.

ams sees 2014 as a year of considerable growth in revenues and earnings
particularly driven by wireless and smartphone sensor solutions. The new
smartphone solutions mentioned above will provide an upside to previous
management expectations for 2014.

ams will hold a conference call on this fourth quarter 2013 / first quarter 2014
update today, 17 December 2013, at 9.30 am CET. The following dial-in numbers
are available for the call:

+41 58 310 5000 (Switzerland)
+44 20 3059 5862 (UK)
+43 1 25 302 1402 (Austria)
+49 69 25 511 4445 (Germany)
+33 1 70 91 87 06 (France)
+1 866 291 4166 (USA)

ams will report fourth quarter and full year 2013 results including an updated
outlook for the first quarter 2014 on 4 February 2014 at 7.30 am CET.

###

About ams

ams develops and manufactures high performance analog semiconductors that solve
its customers' most challenging problems with innovative solutions. ams'
products are aimed at applications which require extreme precision, accuracy,
dynamic range, sensitivity, and ultra-low power consumption. ams' product range
includes sensors, sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications and
automotive markets.

With headquarters in Austria, ams employs over 1,300 people globally and serves
more than 7,800 customers worldwide.  ams is the new name of
austriamicrosystems, following the 2011 acquisition of optical sensor company
TAOS Inc. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS).
More information about ams can be found at www.ams.com


Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement                               euro adhoc 
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issuer:      ams AG
             Tobelbader Strasse   30
             A-8141 Unterpremstaetten
phone:       +43 3136 500-0
FAX:         +43 3136 500-931211
mail:     investor@ams.com
WWW:      www.ams.com
sector:      Technology
ISIN:        AT0000920863
indexes:     
stockmarkets: official dealing: SIX Swiss Exchange 
language:   English
 



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