Flexible Electronics News

Osram Pushes on Company Transformation in 3Q 2014

SSL gains almost offset high revenue declines in traditional business

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

In the third quarter of the fiscal year 2014, Osram almost offset the high declines in its traditional general illumination business through substantial gains with LED-based products (Solid State Lighting – SSL) on a comparable basis. On this basis – meaning excluding portfolio and currency effects – revenue dropped slightly by 1% year-on-year and was around €1.2 billion. By contrast, EBITA excluding special items rose 9.5% to €104 million, translating into a margin of 8.6%. The EBITA improv...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters